Home Prices in Lake Nona area of Orlando FL 32827 for March 2015

Home Prices in Lake Nona Medical City area of Orlando FL for March 2015

Real estate market data for Lake Nona and Medical City Area of Orlando, FL provided by Desmond Pollock Team of Keller Williams Realty Lake Nona.

 

Lake Nona Home Prices

 

We have seen several straight months of selling price increases on home prices in Lake Nona area of Orlando FL and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Lake Nona but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Lake Nona Home on which you are making an offer.

If you are interested in how much current inventory is on the market in Lake Nona area of Orlando FL you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Lake Nona, homes have a median time of 139 days on the market before they sell. This would suggest that sellers are in control of prices now so it has never been a more necessary time to have a Real Estate professional negotiating on behalf of the buyer to obtain the best deal on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Lake Nona has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

 

 

 

Lake Nona Prices Report Summary

The median list price in March for single family homes in 

Lake Nona is $502,000. The list prices increased by 6.58% from the previous month.

Find Homes for Sale in Lake Nona

Visit my website to search for homes in Lake Nona or to be notified when Lake Nona homes come on the market.

To find out what you home is worth in the current market email me or call 407-334-8664.

Thank you for reading about Home Prices in Lake Nona area of Orlando FL for March 2015.

Kevin B Tolbert PA

Keller Williams Realty of Port St Lucie

2013 Sales Associate of the Year

9700 Reserve Blvd

Port St Lucie, FL 34986

Direct:  772-834-0099

Email:  kevinbtolbert@kw.com

To see all our local listings please goto www.SearchforSouthFloridaHome.Com
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