- Blog Archive: June, 2015 | Page #5

May 'musings' from the Orlando Resort Area...

Month to month figures reveal that prices remained relatively stagnant across the resort area market with the median price of an area home $162,956. Year on year comparison figures show that prices are up by just over 4%. The overall inventory of homes on the market has continued to climb and closed the month 82 homes higher at 1946 with year on year inventory now up 27%.  By type the current inventory breakdown records 1752 conventional owner listings, 150 bank owned homes and 44 short sales. Total sales achieved month on month were higher by 26 from last month as 303 homes changed hands in May. The average days on market that homes take to sell was unchanged at 129 whilst the average price attained…