How to determine if it’s a buyers or sellers market in the Kissimmee & Orlando area

buyer or sellers market Kissimmee

How to determine if it’s a buyers or sellers market in the Kissimmee & Orlando area

we’ve often talked about the price of anything is

determined by supply and demand. How much supply of that item there is and how many people want to buy

that item. If it’s very rare and a lot of people want to buy it, prices go up. If there is plenty of that item and not a

lot of buyers, prices go down. That’s not just with housing, that’s with anything that we’re selling.

So now the rule, the guideline – let’s call it a guideline, not a rule – is that if there’s one to five months inventory

in your market, that means there’s not enough inventory to quench the thirst of the number of buyers in the

market. So to sell those at an advantage and there will be appreciation.

If we have five to six months, that’s a normalized market. If there’s five to six months inventory, that means

prices are going to remain relatively stable.

If you have more than six months – very few market places have this right now – but if you have more than six

month’s inventory in your market, then we know that there are not enough buyers out there to quench the thirst of the sellers who want to sell.

 

Just FYI here in the Kissimmee & Orlando area we are closer to 3 months of inventory.

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