Orlando Real Estate

The inventory of #OrlandoRealEstate available for sale continues it's long decline. The number of homes active on the market in April was down 11% compared to a year ago. The demand for homes in Orlando continues to show strength with an 8% increase sales compared to last April. The combination of short supply and strong demand pushed the median sales price up 10% as we enter the months with typically the strongest sales. Check out this short video courtesy of the Orlando Regional Realtor Association.

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on May 15th, 2018 11:29 AM
#OrlandoRealEstate inventory continues to slowly decline, holding back stronger sales. Last month, the number of sales was only up about 1% compared to a year ago. The continued strong demand for homes in Orlando pushed the median price up to $230,000. That is up about 6% compared to last March. We are in the heat of the spring selling season, and homes are selling about as fast as they are coming on the market. Even with over 4,400 new listings last month, the total number of homes available for sale was up by just four properties to 7,710 over the prior month. Please take a look at this brief video from the Orlando Regional Realtor® Association with a breakdown of the market report for March 2018.


Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on April 16th, 2018 3:23 PM
Sales were up only slightly, but the median sales price jumped another 10% compared with February 2017. The continual shrinking of the inventory of #OrlandoRealEstate for sale combined with strong demand is likely to keep pushing prices up. Now is the time to buy.

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on March 15th, 2018 11:17 AM
#OrlandoRealEstate market report for January 2018. Sales are up only modestly on plummeting inventory, but prices are way up compared to a year ago. Now is a great time to sell.
Posted by David W. Welch on February 15th, 2018 11:41 AM
More of the same last month here in Orlando. Sales are up, but only slightly as low inventory is keeping us from have much greater sales growth in my opinion. The low inventory coupled with strong demand has pushed prices up double digits compared with December 2016. As long as our inventory remains so low, look for this trend to continue. We have a sever shortage of homes available for sale priced below $300,000. Take a look at this brief video with the market report for December 2017.
#OrlandoRealEstate

Posted by David W. Welch on January 16th, 2018 1:15 PM
#OrlandoRealEstate
Posted by David W. Welch on December 15th, 2017 11:16 AM
Prices and Sales are both up from October 2016, but inventory continues to decline. Prices climbed 6% compared to a year ago, and the number of sales was up 7%. With out current absorption rate, we are running less than a 2.9 month supply of inventory. The number of homes available for sale is down 16% from a year ago. Check out this short video breakdown of the October real estate market results, courtesy of the Orlando Regional Realtor Association.

#OrlandoRealEstate
Orlando Real Estate
Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on November 15th, 2017 11:06 AM
Hurricane Irma definitely took a toll on our sales, and possibly inventory, but prices continue to remain strong. Check out this brief video from the Orlando Regional Realtor Association.

#OrlandoRealEstate
Posted by David W. Welch on October 16th, 2017 1:30 PM
Check out the #OrlandoRealEstate market results for July 2017 courtesy of the Orlando Regional Realtor Association.
Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on August 18th, 2017 2:01 PM
You have to check out these numbers whether you're thinking of buying, selling or just have an interest in #OrlandoRealEstate. Sales up almost 6.5%, prices up almost 7.5%, new contracts up almost 27.5%, and inventory is down almost 14%. Take a moment to watch this video breaking down the June #OrlandoRealEstate numbers courtesy of the Orlando Regional Realtor Association.



#OrlandoRealEstate
Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on July 17th, 2017 12:06 PM

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