In August, home sales remained very strong with 594 closed MLS sales in August. This is the third highest sales month we have seen. In spite of the strong closings, inventory went up by 131 homes to 4229 homes.  What this means is that for the 594 homes which closed essentially 725 homes came on the market. A great number of these homes are REO’s as a result of foreclosures. We had previously seen 6 straight months of inventory decline.  

Steve Koffman

Broker/Associate

Century21 Sunbelt Realty

239-443-2463 Steve@koffman.com