Five Vanderbilt Beach properties closed in August. Fourteen came off the market without selling — expired, terminated or withdrawn. Nearly three failures for every sale, and six of those fourteen were single-family homes in Conners.

That ratio invites an easy conclusion: demand has gone. The data says otherwise, and the distinction matters enormously if you are holding a listing right now.

The market is working in one segment and stalling in another

Gulf-front condominiums on Vanderbilt Beach carry 3.3 months of supply, sell in a median 93 days, and close at 94.7 percent of asking. That is a functioning seller's market by any definition. Nothing about it suggests buyers have left.

Conners single-family homes, a few hundred yards inland, carry…

4 Views, 0 Comments

Read Full Post