September 2009 Hudson, Florida Single Family Residence Real Estate Market Report
By Daniel J. Hunter
(REALTOR®)
September 2009 Hudson, Florida Single Family Residence Real Estate Market Report Compared to last month when 511 Single Family Homes were on the market, Once again we are seeing a decrease in the Market Inventory levels However, coincidentally the number of homes under contract remains constant at 103. Although the number of homes remained the same, the number of Distressed homes is basically 50% The number of sold houses remained about the same with 37 sold this month, as compared to 38 in the previous month So Inventory levels are dropping, that is a good thing And since the number of homes under contract as well as sold remains constant, the market is struggling to find its footing. However it is still 13 months Inventory on the Market for Sale which is still high 26.7% of the A...
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