It is a new year, but we are seeing more of the same when it comes to the #OrlandoRealEstate market results for January 2021. When I say more of the same, it is way more of the same. Sales for last month were up 20% compared to a year ago. There were 2,727 closed sales last month compared to 2,27
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02/17/2021
The #OrlandoRealEstate market report for December is more of the same. Sales are soaring, and inventory is in a freefall. This is pushing prices ever higher. Sales in December were up 21% compared to a year ago with 3,672 closed sales compared to 3,033 in 2019. The inventory of homes available fo
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02/11/2021
I am a bit late on this one, but I will be catching up. Here is the #OrlandoRealEstate market report for November 2020. For all the investors out there that thought people would be desparate to sell due to the pandemic, it just is not happening. In fact the big story in our market is the continue
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02/03/2021
Low interest rates and strong demand for housing in Orlando has continued to push sales higher. Last month #OrlandoRealEstate sales climbed 25% compared to a year ago. During the same time, the number of homes available for sale plummeted 25%, leaving us with just a little more than a 1.6 month s
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11/16/2020
Orlando real estate sales and prices up double digits, but inventory plunges. Sales last month were up 16% compared to a year ago, with 3,478 closed sales of all types of homes. The strong demand pushed prices up 10% compared to last year with a median sales price of $270,000. The number of homes
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10/15/2020
Low interest rates, strong demand and declining inventory pushed the median price up double digits here in The City Beautiful. We saw an increase in sales of 4% last month compared with a year ago. I think we could have seen much better sales if it were not for the staggering 22% drop in homes av
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09/15/2020
Orlando real estate sales and prices are both up for July 2020, even as inventory plummets 22% compared to a year ago. The official closed sales number comes in way lower than what I saw in the multiple listing service, but still up from a year ago. 3,679 sales were recorded compared to 3,628 in
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08/17/2020
Year over year sales were off again last month, but only by 9%. New contracts however were up by nearly 14% compared to a year ago, so I expect July sales will see a nice increase. Inventory is becoming our biggest issue as we saw a 19% decline in all homes available for sale. The decline in inve
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07/15/2020
Enjoy this virtual Open House, and take a video walk through this elegant home in Lake Nona's Medical City. 13018 Stoddart Ave is located in Laureate Park, and features a 4/3.5 main home plus a 1/1 garage apartment over the three car garage. For a self guided 3D walk through https://rem.ax/2ZOzv5
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07/10/2020
The number that really stands out when you watch this video breakdown of the Orlando real estate market results for May is the drop in closed sales. Last month we saw a 44% drop in closed sales compared to a year ago, but you need to take a closer look at the numbers. New contracts in May only de
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06/17/2020