Aug 11, 2010

Kissimmee’s residential home sales up in 2Q 2010

Kissimmee’s residential home sales increased by just over 11% during the 2nd quarter of 2010 compared to the same time during 2009. 1257 residential homes were reported as selling during the 2nd quarter of 2009 while 1396 units are reported as selling during the same time period in 2010.

REO/bank owned homes accounted for approximately 47% of the total sales reported with 660 residential units. Homes sold with a short sale contingency equaled just over 27%.

Sales of existing single-family homes in Florida rose 21 percent in second quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®.

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