The central Florida real estate home market continues it's upward surge!!
Here are the market statistics for April 2009:
- SEVEN times MORE homes were exchanged in the lower sales price ranges than upper price ranges.
- 75% of homes sold were less than $200,000 in price.
- There has been almost double the number of sales transactions
as this time last year.
- The median price of Orlando homes sold in April ($132,900)
decreased by over 37% compared to April 2008..this is GREAT
news for home buyers looking to take advantage of the $8000.00
credit for new home buyers!!
- Almost half of homes sold were in a distressed condition... (Bank owned, in foreclosure, etc.) I REGULARLY report on homes in this situation on ALL the Orlando and central Florida real estate market reports I give! YOU will find out what is happening and be able to take advantage of what is out there!
- There are currently 20,194 homes available for purchase through the Orlando Regional Realtors® MLS.
- The sales of condos in the Orlando area have increased by a staggering 167%.
- 148 condos in the price category that sold were in the $1 - $50,000 price range, nearly three times the number (49) that were sold in the next category ~~ $50,000 - $60,000. Do you see a trend here too?
- Orlando real estate buyers purchased 148 duplexes, town homes,
and villas in April 2009, which is over a 23% increase from April 2008
when 120 of these alternative housing types were purchased.
- The majority of duplexes, town homes, and villas sold in April 2009
fell into the $100,000 - $120,000 price category.
Here is what has been happening for the past 10 to 12
MONTHS in the central Florida real estate market. And
I have PAST blogs to show I am on TOP of what is
happening in the area:
This just a smattering of the over 100 posts I have
made about the local central Florida real estate market.
To see the other posts, just click on this link:
Central Florida Real Estate News
You will find a wealth of information and links to
webpages that will help you get inside information 
on what is happening in popular communities and
areas of central Florida.
Brought to you by:
Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader
Beach and Luxury Realty Inc.
Just click on any of these links
to find the type of help you need.
Buying, selling or just searching,
The Knights Team has what
you are looking for!
Alexander Harb PSEM®, E-Agent®
Rice Property Management and Realty L.L.C.
Just click on any of these links
to find the type of help you need.
Buying, selling or just searching,
Rice Property Management and Realty
has what you are looking for!
;)
;)
