The latest real estate report for September 2015 includes statistics for single family homes in Walton County, Florida. Closed sales were up 4.4% for September compared to the same month last year. Cash sales were down 7%. One highlight is that there were no short sales for the first time in many years.
From the report - Months Supply of Inventory is an indicator of the state of the market, whether it is a buyers' market or a sellers' market. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 Months of Inventory. Higher numbers indicate a buyers' market, lower numbers a sellers' market.
Months Supply of Inventory for Walton County has been trending down consistently every month for quite awhile and hit 7.8 months for September 2015 (down 21% over same month last year) - getting ever closer to the balanced mark of 5.5.
The latest residential real estate report for September 2015 in Walton County summarizes sales and listing statistics of sin. ...

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