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Jodi Ketchersid | RealJoy Properties Blog

Friday, May 20, 2016   /   by Jodi Ketchersid

According to the Florida Association of Realtors - we are heading up!

ORLANDO, Fla. – May 20, 2016 – Florida's housing market reported increased new listings, rising median prices, fewer days to a contract and fewer cash closed sales in April, according to the latest housing data released by Florida Realtors®. With inventory still constrained, statewide closed sales eased last month: Single-family home sales totaled 24,144, remaining relatively the same (down 0.6 percent) as April 2015.


"Still-low mortgage interest rates and a strong jobs outlook are positive trends for Florida's housing market," says 2016 Florida Realtors®President Matey H. Veissi, broker and co-owner of Veissi & Associates in Miami."We're also seeing a rising number of new listings added to the market, which is a trend that needs to continue as many areas still face a shortage of supply, particularly for single-family homes. New listings for existing single-family homes rose 3.1 percent compared to a year ago while new listings for townhouse-condo prop ...

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Friday, November 6, 2015   /   by Jodi Ketchersid

Walton County Real Estate Report

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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