Orlando Real Estate

Real Estate Is Local

February 28th, 2009 7:10 AM by David W. Welch

Nationally, home sales took a nose dive in January, but that was not the case here in Florida. Resales were up 24% over the prior year, and in Orlando real estate sales were up 28% over last year. I think once again, people are seeing Florida and Orlando especially as a place they want to live and a real estate bargain. The median price of existing homes across the country was just over $170,000 according to the National Association of Realtors, but the median in Florida was around $139,000. Orlando's median home sales price was in between at $150,500.

Locally, these sales trends continued in February. This should bode well for the big spring selling season.

David Welch, Real Estate Optimist

Posted in:General
Posted by David W. Welch on February 28th, 2009 7:10 AM

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