January 2015

December ‘data’ from the Four Corners…

December data gathered reveals that 40 more homes sold this month than sold in November as 289 homes changed hands in the final month of 2014 across the Resort area. The overall number of listings month on month was up by a net 21 homes at 1679 as both normal and bank owned listings recorded inventory increases from last month by a net 24 & homes to produce a revised 1452 & 146 respective total. By contrast the number of short sale listings fell month on month by 9 to a revised 81 total. Compared to the January total overall listings have risen by a net 223 homes during 2014. Homes sold and closed in December achieved on average 96.3% of the advertised price after having spent 127 days listed on the market, down 1 day from the 128 day November figure and down 9 days from Januarys 137 day average. The December median price recorded little change month on month to close at $161,237. Thenumber of homes withdrawn from the market during the past 30 days was 129. The pipeline of homes under offer/contract awaiting closure at the year end stood at was 429 which was 83 less than November.The total current resort area inventory when considered against December sales pace suggests a 5.8 month supply of home availability which compares to a 6.6 month supply in November and the 5.82 months recorded in October.

Looking Back … 2015 At A Glance…

MONTH ACTIVE A.D.O.M SP/LP EXP/WDN PEND SLD
             
January 1721
125 96.5 172 457 167
February 1769 128 96.3 144 542 222
March 1785 128 96.3 143 574 283
April 1864 129 96.2 163 611 277
May 1946 129 96.5 129 615 303
June 1944 129 96.6 166 604 311
July 1950 128 96.6 140 576 298
August 1892 129 96.6
156 563 283
September 1854 131 96.5
156 523 320
October 1863 132 96.6 177 496 295
November 1876 130 96.6 171 494 262
December 1679
127 96.3  129 429
  289
    ACTIVE = Active Listings as at the 25th of each respective month.

    A.D.O.M = 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    EXP/WDN = Homes withdrawn from the market during the respective Month.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 recorded as under offer/contract at the respective month end.

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

Closing Numbers … December 31st 2015…

1 G.B.P…Buys  1.559 U.S.D                   –              1 U.S.D…Buys  0.641  G.B.P

1 EURO…Buys  1.214 U.S.D                   –              1 U.S.D…Buys  0.823  EURO

 1 CAN $…Buys 0.863 U.S.D                   –              1 U.S.D…Buys  1.157  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.