Orlando Real Estate Market News | Page #10

August 'announcements' From The Resort Area...   The resort area median price was 8% higher than 12 months ago rising from $196,988 to $212,812 whilst the average days that a home now takes to sell fell by 6 from a year ago at 124. This latest days on market figure of an average home that sold was also 3 days below the 127 days recorded last month.  The average price attained was 97.2% of the listed price which was little changed from the 97.3% achieved last month. Total inventory of 1,133 homes was down 41% from the 1,598 level of a year ago and also down 2.2% from the 1,158 total last month. August sales of 397 were up 6.7% from a year ago and 23 higher than the 374 total last month. The pipeline number of homes under contract awaiting closure…

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

                                                                               Community Reports

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

                                                                               Community Reports

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June 'numbers' From The Resort Area...   Total inventory was up 5.4% month on month as June saw 1,244 homes listed for sale compared to 1,180 in May although total inventory levels were 37% down from the June 2017 total of 1,705 listings. The average days on market that a home takes to sell was down by 2 days from last month at 128 and also down 3 from the 131 day level of one year ago. A home that sold in June achieved an average of 97.3% of its listed price which compares to 97.4% last month and 97.2% a year ago. The markets median price is up 10.3% from a year ago at $209,675 from $190,007 in June 2017. The total number of homes under contract awaiting closure stood at 618 which was 20 lower than last month and 110 less than the 728 pipeline of…

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May 'markers' From The Resort Area...   The resort area market saw 424 homes change ownership during May which was a rise of 5.7% on the 401 closed total of May 2017 and 79 homes higher than the 345 sales completed last month. The pipeline number of homes under offer/contract awaiting closure stood at 638 which was down 8% from levels a year ago. Total inventory is down by 52.3% from one year ago with the 1,180 homes listed for sale, compared to 1,794 listings in May last year. The average days on market that a home takes to sell was down 1 day from a year ago at 130 and was 2 days lower than the 132 day total of last month.  The average percentage price achieved of a sold home when compared to list price was unchanged from 12 months ago at 97.4%.…

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April 'announcement' From The Resort Area...   A resort area home has seen median price appreciation of 9.8% over the past 12 months from $187,819 in April 2017 to $206,286 latest figures conclude. The April 2018 activity report also detailed that the number of days a home takes to sell was unchanged from a year ago at 132 whilst the average price achieved against listing price was up slightly at 97.4% from 97.2%. Homes under contract awaiting closure totaled 698 which compared to 616 last month and 703 one year ago. Homes withdrawn from the market during the month was 85 which is 56 less than the April 2017 withdrawn total of 141. The total number of homes changing hands was 6.4% higher than last month at 345 and 1.7% higher than the 339 closings…

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

                                                                                Community Reports

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Great location for this lovely condo located in Tower 1 of Blue Heron! This unit is a very spacious 1 bedroom 2 bathroom home but it features a bunk bed which can accommodate 2 additional guests. The living space is well spaced and has plenty of natural light supplied by the large sliding doors opening up to your private balcony space and pool view! Comfortable kitchen space with seating at the elevated countertop. Dining table located adjacent to the kitchen. Master Bedroom features a large bed and full bathroom access. Fully Furnished! This unit is just a short drive to great restaurants and theme parks!

Asking Price: $128,950

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March 'math' From The Resort Area...   A resort area home that changed hands during March achieved on average 97.4% of its listed price after having spent 132 days on the market latest figures show. This compares to an average 97.2% a year ago after 133 days spent listed for sale. Total market sales of 324 were 10.2% higher than the 294 sales recorded last month and 15.3% up on the 281 sales in March 2017 . The pipeline number of homes under offer/contract pending closure stood 43 higher than a year ago at 324. The areas median sales price of 204,111 is 9.6% up on a year ago when the median price was 186,146. The number of homes withdrawn from the market having failed to sell during March was 94 which was 51 less than the withdrawn total of the same…

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February 'factoids' From The Resort Area...

Total sales of 294 across the resort communities during February were 9.8% up from the January 288 total and 8% higher than the February 2017 total of 272. The number of homes under contract awaiting closure stood at 542 which was 12.5% down from the 610 total on the corresponding month last year. Homes that sold achieved on average of 97.25%, of the asking price which was unchanged from last year, but took 1 day less to sell than a year ago at an average 133 days. The markets median price was up 10.6% from last years $184,363 at $204,025. The number of homes withdrawn from the market having failed to sell whilst listed was 97 while inventory levels overall continued to decline. Total inventory stood at 1310…

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