Orlando Real Estate Market News

There are currently 97 blog entries related to this category.

June 'judgements' From The Resort Area...   Total resort area inventory of 1,480 homes represented an increase of 20.7% from the one year ago total of 1,226 listings but was down 125 homes compared to the 1,605 listings of May 2020.  The median price of a market area home was 7.5% higher than a year ago at $238,500 and also up 0.3% from the $237,600 median price last month. A home that closed during June sold after an average total of 96 days which compared to 97 days last month and the 98 day total of June 2019. Total sales during the month of 300 homes represented a fall of 25% from the 375 closings in June 2019 but an increase of 53% compared to the 196 sales last month. The average closed price attained during June reflected 97.4% of the…

The June Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

The May Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

The April Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

March 'math' From The Resort Area...   Pre coronavirus pandemic figures revealed that resort area inventory was up 9.2% from a year ago at 1463 homes compared to 1340 listings in March 2019 and 5.6% higher than last month.  The average number of days that a home to took to sell during March was 98 which was 5 less than it took twelve months ago whilst achieving on average 97.5% of the respective listed price, which was unchanged over the same period. The markets median price of $237,496 was little changed from last month but was up 9.6% from the one year ago median price of $216,628. The total number of homes sold during the month was 61 which compared to 322 in March 2019 while the number of homes pending under offer/contract stood at 499 which…

February 'financials' From The Resort Area...   The average price of a resort area home is 9.8% higher than a year ago rising from $216,125 to $237,469 after having achieved an average of 97.4% of the listed price and closing after 98 days on the market. This compares to the 97.5% and 101 days average respectively being achieved one year ago. The total number of homes available for purchase across the resort area during February stood at 1,385 which was down 1% below levels a year ago of 1,369 and also down 58 homes from last months inventory total of 1,443. Total number of homes under offer/contract at the end of February stood at 594 which compares to a 521 pipeline in February 2019 and 479 last month whilst 54 homes were withdrawn from the market…

The January Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

November 'numbers' From The Resort Area...
The resort area median price was 7.7%  higher than a year ago at a revised $229,688 from $213,306. Total inventory available for sale was also higher than a year ago with the November inventory at of 1,417 homes which was 5% higher than the 1,349 listings promoted a year ago. Homes that have sold over the past 4 weeks attained an average 97.5% of the listed price having been on the market for an average of 97 days which compared to 97.3% and 111 days achieved, respectively, a year ago.  Total closed sales for the month of 314 were 9.8% higher than the closed total of a year ago when the market saw 286 homes change hands. The pipeline of 487 homes awaiting closure were also up on the November 2018 total of 

October 'observations' From The Resort Area...   The Resort area saw total sales of 316 during October which was down 10.4% from the 349 closings of October 2018 but a rise of 4.8% on the 301 sold homes last month. The pipeline number of properties under contract awaiting closure stood at 413 which was a rise of 4.4% from the corresponding pipeline total of one year ago. A home that sold achieved an average of 97.6% of its listed price having spent 99 days on the market which compared to the 97.5% and 116 days achieved respectively one year ago.  The markets median price was up 7% from $212,362 in October 2018 to $228,118 whilst the number of homes withdrawn from the market during the month having failed to sell totaled 77 which was 11 lower than…

The October Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports