Orlando Real Estate

Orlando Real Estate September Sales Jump

October 2nd, 2008 12:32 PM by David W. Welch

I know just a couple of days ago I said that it looked like we would be lucky to post 1,100 closed sales for September. On September 30th we hit 1,100 on the dot, but another 178 sales were posted in the last couple of days putting us at 1,278 as of this morning. Brokers are supposed to get closings in the MLS within two business days after the closing takes place. They actually wait until the 5th of the following month to pull the official numbers just to make sure they are all in (they usually still have a number of straglers). Any way you look at it this is a plus for our market, although about 30% of the closings are distressed properties. At least some sales are getting closed.

www.DavidWelch.com, Orlando Real Estate Blog

Posted in:General
Posted by David W. Welch on October 2nd, 2008 12:32 PM

Archives:

Sites That Link to This Blog:

);

English French German Portuguese Spanish