Orlando Real Estate Market June 2020

By | General

Sales were off by 9% compared to a year ago, but new contracts climbed nearly 14%. Inventory plummeted by 19% compared to last year, leaving us with just barely a two month supply of inventory of homes available for sale. Prices were up 6% compared to a year ago indicating strong demand for homes in… Continued

July 15, 2020

2315 Upper Park Rd - SOLD

Orlando Real Estate Market May 2020

By | General

As you watch the video, the number that really stands out 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 declined 4% from a year… Continued

June 17, 2020

Orlando Real Estate Market April 2020

By | General

Sales and inventory were down as expected as buyers and sellers followed ‘safer at home’ orders. We saw a 28% decline in sales compared to a year ago, while inventory dropped only 3%. The median sales price jumped 12%. My thought is that buyers in lower price ranges were disproportionately effected by furloughs and layoffs…. Continued

May 15, 2020

Orlando Real Estate Market March 2020

By | General

COVID-19 stay at home orders are in effect for Orlando, Orange, Seminole and Osceola Counties and the state of Florida, but it was business as usual here in The City Beautiful for March 2020. Sales were up just 2%, and prices rose nearly 8%, while the inventory of homes available for sale dropped almost 10%… Continued

April 15, 2020

101 Tomoka Trail

Orlando Real Estate Market February 2020

By | General

Sales were up 4%, the median sales price was up 6%, but the number of homes available for sale was down 17% compared to a year ago. If you are thinking of selling, now could be a great time to get started. If you are thinking of buying a home, interest rates are at historic… Continued

March 17, 2020

Orlando Real Estate January 2020

By | General

The number of homes available for sales plummeted by over 1,200 properties compared to a year ago, for a 16% decline. Strong demand saw an increase of more than 300 sales compared to a year ago for a 15% increase. The combination of lower supply and stronger demand pushed the median sales price up 8%… Continued

February 18, 2020

Orlando Real Estate Market Report October 2019

By | General

The only thing holding #OrlandoRealEstate back is the lack of available inventory in the more affordable price ranges. Sales dropped slightly last month on lower inventory, once again. The strong demand for homes pushed prices up at a very good pace. Check out this short video with a breakdown of the market results for October… Continued

November 15, 2019