January 2014

December ‘data’ from the Four Corners…

The final month of 2013 saw 190 homes change hands across the Four Corners area which represented an increase of 48 sales from the November 142 closed total. The average sold home recorded 97.12% of the listed ticket price and took 2 days less to sell than November spending an average 139 days on the market. The December inventory total saw 133 homes removed from the market having not sold during the listed term. The number of homes under contract/pending closure fell by 76 from the November total to  leave 487 homes still awaiting final closure. Overall Inventory rose to 1431 listings which translates to a month on month increase of 61 homes. By inventory type the December total included 112 short sales which was a 21 home increase from last month. The Bank owned inventory element was unchanged at 154 homes whilst normal owner listings increased by 40 at 1165.  Four Corners inventory when reviewed against December sales pace suggests a 7.53 month supply of homes which compares to a 9.64 month supply in November and 6.64 months in October.

Looking Back …2013 At A Glance…

2013

MONTH ACTIVE ADOM SP/LP EXP/WDN PEND SLD
January 1171 154 97.1 141 679 201
February 1099 152 97.2 134 796 197
March 1082 150 97.1 134 773 243
April 1090 151 97.3 154 782 268
May 1043 148 97.1 118 770 273
June 1042 147 97.1 126 759 257
July 1041 147 97.2 114 709 247
August 1104 144 97.2 119 659 279
September 1243 146 97.2 134 607 247
October 1375 142 97.1 118 572 207
November 1370 141 97.1 110 563 142
December 1431 139 97.2  133 487 190

************

ACTIVE = Active Listings as at the 25th of each respective month.

ADOM = Average Days on Market of homes sold during the previous 6 months.

SP/LP = Average price attained against asking price expressed as a %.

EXP/WDN = Homes withdrawn from the market during the respective Month.

PEND = Homes showing as under offer/contract at the month end.

SLD = Homes that sold or closed during the indicated Month.


Closing Numbers … December 31st 2013…

1 G.B.P…Buys  1.652 U.S.D                   –              1 U.S.D…Buys  0.605  G.B.P

1 EURO…Buys  1.381 U.S.D                   –              1 U.S.D…Buys  0.723  EURO

 1 CAN $…Buys 0.939 U.S.D                   –              1 U.S.D…Buys  1.063  CAN $

U.S Prime Interest Rate = 0.25%

Team Donovan publish this updated monthly report on the 1st of each month for the benefit of all Worldwide Central Florida absentee owners. Our individual community reports are updated and published on the 15th of each month. If you are considering selling your own property in the future please do feel free to contact us, as we would be delighted to discuss the marketing of your own home in more detail.