Orlando Real Estate Market News - December 2020
Posted by Team Donovan onNovember 'numbers ' From The Resort Area... The resort are median market price was up 8.2% from November 2019 at $248,425 which was also a 0.6% increase over October 2020. Total inventory of 1,423 homes represents a decrease of 3.8% from last months 1,461 listed total and is just 6 homes higher than the 1,417 recorded total of a year ago. A sold home on average attained 97.8% of its final listed price after spending on average 94 days in the market which compared to 97.5% and 97 days, respectively, one year ago. Total closings of 417 homes during the month were 32.8% up on the 314 sales recorded a year ago and also 12.4% more than the 371 sales last month. The pipeline number of homes awaiting closure under offer/pending stands at 687 which is …