Inventory remains low with 39% fewer homes of all types available for sale compared with a year ago. We did see a very small, 1% increase in inventory from August to September however. Even with the lower inventory, total sales continued to climb by 9% compared to September of 2020. Based on the
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10/18/2021
Up 13%, up 16% and down 39%. If you read my blog regularly, you already know what these are, because we have been in this trend for quite some time. The first number represents the increase in home sales last month compared to a year ago. Sales were up 13% with 3,999 closed transactions compare w
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09/20/2021
Just how challenging has the Orlando real estate market been for buyers this year? I took a look at the percentage of closed sales, in Orange and Seminole Counties for the last six months that closed above asking price. I looked at the numbers for this year compared with 2019. I went back two yea
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09/08/2021
No major changes last month. Sales and prices continue to climb double digits, while inventory continues to run low. Total sales in July rose 14% compared to a year ago with 4,183 homes of all types closing last month. The median price of the homes sold in July rose 18% compared to July 2020 with
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08/17/2021
The #OrlandoRealEstate market continues to burn red hot as the summer selling season got under way last month. Sales and prices soared double digits, while the inventory of homes available for sale remains extremely low. June saw a 42% increase in the number of homes sold, compared to last year.
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07/20/2021
Take the sales increase with a grain of salt. Remember last year, May sales were way off due to COVID-19. That being said, sales did climb 82% compared with a year ago, and the median price soared 15% compared with May 2020. Over that same time, the inventory of homes of all types available for s
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06/16/2021
Homes are now routinely selling above the asking price, and many times sellers are requesting that appraisal contingencies be waved. Five of my last nine sales have been at list to as much as $25,000 over the asking price. When you watch this video breaking down the #OrlandoRealEstate market for
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05/19/2021
Be sure to check out my post about the current challenges of purchasing a home in Orlando.When you check out the latest market report for February 2021, you will understand why buying a home in Orlando right now is not easy. Even with all the challenges, sales continue to be strong. In fact, sale
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04/08/2021
I do not usually post my listings on here, but this one is really amazing. This home was nearly destroyed by Irma a few years ago, but it has been completely renovated. It is really like a brand new home. I am also thrilled this is the 6th sale I have helped this family with across three generati
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03/25/2021
Brace YourselfIf you are in the market to purchase real estate here in Orlando, you probably already know it is challenging. If you have not started looking for property in Orlando yet, brace yourself. The market has changed pretty dramatically in just the last month or so. Our inventory has been
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03/03/2021