Orlando real estate numbers continue to be solid. Inventory remains high compared to a year ago with 5,148 homes of all types available for sale compare to just 2,670 a year ago. However, that is still less than a two month supply of homes for sale. The median price remains strong at $370,000 holding steady compared to last year. The total sales number is again way down compared to a year ago, and I have no answer for this, because the official numbers continue to run around 1,000 fewer than what I am counting on our multiple listing service.
If you are actively searching the Orlando area for a home right now, you know that homes are moving quickly. Just this week, I showed two homes the day they came on the market, and they each went pending that day. One was a $400,000 fixer upper in Winter Park, and the other was $750,000+ in College Park. If you are thinking of selling, now is the time to get your property on the market. Contact me, and let's talk about your real estate plans. #OrlandoRealEstate
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