On July 2011 there was a 4.7 month supply of inventory in North Port.  Although modestly higher than the 4.1 supply reported last month, inventory remains low.  A 6 month supply is considered “neutral”, i.e., a fairly balanced market between sellers and buyers. As of July 31, 2011, there were 563 homes for sale.  In July 31, 2010, [...]

In July 2011 there was a 7.1 month supply of homes for sale in Venice (zip codes 34285, 34292 & 34293).  Although higher than the 6.4 month supply in June, July showed a significant improvement over the 11.2 month supply from the same period last year.  A 6 month supply is considered a fairly balanced market between sellers and buyers. [...]