Orlando Real Estate Market News

There are currently 93 blog entries related to this category.

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end of February stood at 594 which compares to a 521 pipeline in February 2019 and 479 last month whilst 54 homes were withdrawn from the market…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

September 'summary' From The Resort Area...

Resort area prices recorded a year on year median price increase of 6.9% from $211,293 to $226,731 during September according to the latest monthly figures. The average days on market that a home takes to sell has fallen by 22 days during the same period to 98 days whilst a home that sells achieves on average 97.6% of its listed price compared to 97.6% back in September 2018. Total inventory was up 4.5% or by 55 homes from a year ago at 1,200 whilst the pipeline number of homes under contract awaiting closure stood at 529, up from 524 in September 2018 and also up on last months pipeline of 513 homes. Completed closings during September totaled 301 which was 5.9% down on the 319 sales of a year ago and 24.9%

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

                                                                               Community Reports

August 'allsorts' From The Resort Area...
The sale of 376 homes during August across the resort area reflected a 5.5% fall in overall closings compared to a year ago and a 4.5% decrease from last months total sales of 393. The average days that a home took to sell is down 26 days from a year ago to a revised 97 days and down one day from last month. Homes that closed achieved an average 97.7% compared to 97.2% achieved a year ago. The markets median price was 5.2% higher than a year ago at $223,968 from $212,812. The number of homes under offer/contract stood at 513 at the end of August compared to 548 last month and the 517 pipeline total of a year ago whilst 94 homes were withdrawn from the market during the month having failed to achieve a…

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

                                                                               Community Reports