Orlando Real Estate


Take a minute to review the video below. Sales were down slightly on lower inventory. In fact the only thing that seems to be holding us back is the lack of homes available for sale in lower price ranges. The strong demand continues to push Orlando home prices up at a very healthy pace. 



#OrlandoRealEstate #Remax #Realtor
Posted by David W. Welch on November 15th, 2019 5:30 PM


Sales and median sales price are both up on slightly fewer new listings and higher new contracts compared to a year ago. Check out this brief video breakdown of the #OrlandoRealEstate market results for September 2019.


Posted by David W. Welch on October 15th, 2019 1:58 PM
Check out the latest Orlando real estate market results for August 2019. Sales up just a tad, but the median price took a pretty big jump on a drop in inventory.



#OrlandoRealEstate #Remax #Realtor
Posted by David W. Welch on September 16th, 2019 4:53 PM
Inventory continues to climb, but mostly in higher price ranges. The lack of more affordably priced homes caused year over year sales to drop a bit, but pushed the median sales price higher. Check out this brief video breaking down the #OrlandoRealEstate market results for June 2019. #Realtor #realestate
Posted by David W. Welch on July 15th, 2019 11:08 AM
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#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
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

#OrlandoRealEstate

Orlando real estate market results for December 2016 and the year end wrap-up courtesy of the Orlando Regional Realtor Association.


Posted by David W. Welch on January 17th, 2017 11:19 AM
#OrlandoRealEstate
Inventory of available homes in Orlando is pretty low right now with only about a 3.5 month supply based on last month's absorption rate. When I break that inventory down by price range, you can see just how low the inventory really is. Our median sales price in Orlando is around $200,000. That means half of all closed sales are at or below $200,000. The median list price is around $278,000, so there is a bit of a disparity between sales prices and list prices. This isn't to say that sellers are necessarily asking too much for their homes, I'm just pointing out that there is a lot more demand for more modestly priced homes.

Price Range Available Sold Month's Supply
< $100,000 876 380 2.3
$100,000-$200,000 2048 1027 2.0
$200,000-$300,000 2636 828 3.2
$300,000-$400,000 1634 308 5.3
$400,000-$500,000 838 128 6.5
>$500,000 1837 134 13.7
Total 9869 2805 3.5

As you can see from this breakdown, there is a pretty short supply of homes priced under $300,000. These numbers include active inventory and last month's sales of all types of homes by Orlando Realtors®. Notice homes priced from $100,000 - $200,000 are in the most popular price range for buyers leaving us with just a two month supply of homes available for sale. Typically, we have considered a six month supply to be a 'balanced' market. Home priced under $300,000 are all in pretty short supply, while homes priced from $300,000 to $500,000 are considered to be in a balanced market. Only homes priced over $500,000 are plentiful with more than a one year supply available for sale.
Orlando Real Estate

Posted by David W. Welch on November 18th, 2016 1:35 PM

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