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Central Florida Real Estate Happenings..... Orlando and central Florida real estate Market report 9.19.2008

By
Services for Real Estate Pros with Knights Investing

 

 



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The Orlando Florida real estate area statistics
for the past month show a LOT going on!

  • The median home asking price declined to $200,000;
    that is 3.85% lower than last month!
  • The current inventory of supply reflects a roughly
    20 month supply and this decline in inventory has
    gone down almost 36% since January of this year!
  • There are 47% MORE homes under contract this month
    than were under contract last year at this time.
  • There are currently just under 25,000 homes for sale in the
    Orlando Regional MLS.....down from last years 26,300;
    homes are selling!

Here are some market reports for the past month to let you see
what is going on in select areas:

 

So, if you are ready to purchase or sell your home in
central Florida, NOW is the right time!

I have posted several market reports of the area. Just click on my tag "Central Florida real estate news" to see them!

 

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.

Beach and Luxury Realty Inc.

Posted by

Alexander Harb -- PSEM®, E-Agent®

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Rice Property Management and Realty L.L.C. is an equal housing company!

Click here to see every available home for sale on the Orlando, Florida MLS

 

 

 

 

  Just click on any of these links
Click here for help in selling your central Florida real estate.to find the type of help you need.

 

  

Buying, selling or
just searching

I will find what
you
are looking for!

 Click here for helpful hints to purchase your new central Florida real estate.

 

 

 

 

 

Jason Crouch
Austin Texas Homes, LLC - Austin, TX
Broker - Austin Texas Real Estate (512-796-7653)

Alex - I like the new picture!  Have a great weekend, brother.

Sep 19, 2008 03:32 PM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

$200,000 is the new median asking price? Do you know what the new median sales price is? I like that there are 47% more homes under contract. That's excellent news.

Sep 19, 2008 04:15 PM
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

Jason...look for a Moderators e-mail coming soon...THANKS for the complement!!

Lisa...That is a GOOD question...I will look into it!!

Sep 19, 2008 05:10 PM
Kelly Willey
Coco Plum Real Estate, Kelly Willey, FLORIDA KEYS - Marathon, FL
Florida Keys Luxury Sales, Marathon, Key Colony

Alex...Nice post for your market update. I was thinking to use the Google map in my post also but was wondering if it would be a copyright infringement????? Peace~~~~~~~~~~~~~~Kelly Willey <><

Sep 27, 2008 02:14 AM
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

They have an agreement you must sign first..... I am in the process of getting that done..... thanks Kelly!!

=-)

Sep 27, 2008 10:51 AM