Osceola County Florida consists of two cities, Kissimmee and Saint Cloud. Currently there are 2806 single family homes on the market. 893 are traditional sale, 1641 are short sales, and 272 are Bank Owned Foreclosures.
In the month of June there were 393 single family homes sold. 141 were traditional sales, 124 were short sales, and 128 were Bank Owned Foreclosures.
What that means is, there is currently 7 months of inventory on the market. Broken down: 6.3 months of traditional sales, 13.2 months of Short Sales, and 2 months of Bank Owned Foreclosures.
Price wise, Bank Owned Foreclosures are the best value. At 2 months inventory, we are at a 3 year low on foreclosures available to purchase. These numbers are going to increase dramatically in the coming months.
If you are in the market to purchase a home, start paying attention as inventories are going to be increasing. Get in touch with us at Resident Team Realty LLC and we will help you get prepared when your perfect home comes on the market. These homes will be selling quickly as investors throughout the world are waiting to take advantage also.
Resident Team Realty LLC is an investors full service Broker as we can handle the Property Management after the sale.
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