The Real Deal Miami

S. Florida home inventory rose, sales inched down

Sales activity was down slightly from a week ago
SF_Inventory_09_09_13

(click to enlarge)

Residential inventory in South Florida rose slightly to 33,374 from 33,012 active listings for the week ending September 9, 2013. During the same period, pending sales declined to 23,048 from 23,178.

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