The Ellis Team SW Florida Current Market Index actually worsened slightly, as the holidays typically cut into December sales.  This phenomenon occurs every year and shouldn’t be looked upon as anything spectacular. Inventory levels for both single family homes and condos in SW Florida are down, which helps offest the drop in pending sales, which is a good sign.

Buyer activity is increasing as there is renewed interest in SW Florida due to lower prices and favorable exchange rates from foreign buyers. 

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.