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 […]
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. […]
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% […]
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% […]
The latest numbers are in, and prices are up quite a bit on lower inventory and a big jump in demand for houses at the end of last year. Check out this brief video. #OrlandoRealEstate #Remax #Realtor
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 […]
Sales and prices were both up compared to September of 2018. Fewer new listings and higher new contracts pushed inventory down. Check out this breakdown of the #OrlandoRealEstate market results for September 2019.
Here is the latest breakdown of the #OrlandoRealEstate market results for February 2019.
#OrlandoRealEstate market results for January 2019. Inventory is finally starting to climb. I am looking for increasing inventory as more and more sellers are starting to find that they have equity in their homes. Zillow has named Orlando the #2 hottest market in the country for 2019, because of our tremendous job growth here in […]
Check out the #OrlandoRealEstate market results for December 2018.