December ‘data’ from The Four Corners…
The final month of 2012 recorded 241 homes changing hands across the communities tracked by Team Donovan. The year came to a close with 685 homes under contract/offer and awaiting closure which was down 17% from the December 2011 year end 813 pipeline total. Closed homes during December 2012 achieved on average 97.12% of the asking price after having spent an average 154 days in the market. The overall market place inventory closed the year at 1034 homes listed for sale. By listing type this end of year stock comprised 828 owner listings, 134 short sales and 72 bank owned properties. The December pace of sales when scrutinised against current inventory levels would indicate a 4.29 month supply of available homes listed for sale, down from the 4.88 month November sales pace calculation.
Looking Back …2012 At A Glance…
Across the communities tracked by Team Donovan the average 2012 sold home closed at 96.08% of its listed price after spending 157.1 days on the market. During the year a total of 2935 homes had a change of ownership whilst 1415 homes withdrew from the market having failed to conclude a successful sale. The average number of homes listed for sale during 2012 at any given month across the communities was 987.
- 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- EXP/WDN = Homes withdrawn from the market during the respective Month.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 2012…
1 EURO…Buys 1.320 U.S.D – 1 U.S.D…Buys 0.757 EURO
1 CAN $…Buys 1.006 U.S.D – 1 U.S.D…Buys 0.993 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.