The Ellis Team SW Florida Current Market Index stabilized this past month, which is a good sign heading into season. Listing inventory increases in both single family homes and condos in southwest florida, and so did pending sales. In fact, pending sales climbed at an equal to or greater rate than what we’ve been seeing in past months.
Buyer activity has increased, and demand for our Southwest Florida short sale seminar is growing as well. If you’d like to attend our next free SW Florida short sale seminar, please call our office to register. We teach first time home buyers. move-up buyers, and investors how to consistently buy properties at or below today’s fair market value, and educate consumers about the local SW Florida real estate market.
The higher the CMI Index, the more supply we have relative to demand.
November 14, 2007 |
Active |
Pending |
CMI |
Single Family |
15,710 |
797 |
19.71 |
Condo |
8,361 |
388 |
21.55 |
October 16, 2007 |
Active |
Pending |
CMI |
Single Family |
15,438 |
783 |
19.72 |
Condo |
8,212 |
354 |
23.20 |
September 15, 2007 |
Active |
Pending |
CMI |
Single Family |
15,215 |
809 |
18.81 |
Condo |
8,141 |
369 |
22.06 |
August 15, 2007 |
Active |
Pending |
CMI |
Single Family |
14,919 |
955 |
15.62 |
Condo |
8,190 |
417 |
19.64 |
July 12, 2007 |
Active |
Pending |
CMI |
Single Family |
15,095 |
975 |
15.48 |
Condo |
8,380 |
443 |
18.91 |
June 14, 2007 |
Active |
Pending |
CMI |
Single Family |
15,164 |
1,014 |
14.95 |
Condo |
8,761 |
485 |
18.06 |
May 17, 2007 |
Active |
Pending |
CMI |
Single Family |
15,607 |
1,107 |
14.10 |
Condo |
9,205 |
560 |
16.44 |
April 15, 2007 |
Active |
Pending |
CMI |
Single Family |
15,896 |
1,152 |
13.80 |
Condo |
9,660 |
569 |
16.98 |
January 23, 2007 |
Active |
Pending |
CMI |
Single Family |
13,769 |
1,016 |
13.55 |
Condo |
9,002 |
529 |
17.02 |
November 27, 2006 |
Active |
Pending |
CMI |
Single Family |
13,186 |
1,031 |
12.79 |
Condo |
8,344 |
535 |
15.60
|
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