Residential inventory in South Florida rose slightly to 32,784 from 32,600 active listings for the week ending August 19, 2013. During the same period, pending sales declined to 23,160 from 23,233.
Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed.
Listing brokers control the status of a property listing. The figures were compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. — TRD