Orlando Real Estate Market News | Page #13

*** Published on 1st May 2017 ***   April 'arithmetics' From The Resort Area...   Total resort area sales in April were 10.4% higher than April 2016 as 339 homes changed hands during the month. The number of homes under contract awaiting closure year on year was also up by 17.5% as 703 sales sat pending awaiting closure with the average median price of an area home having increased 9.9% year on year from $170,812 to $187,819. Homes that sold during the month achieved an average 97.2% after having spent 141 days on the market which compares to the 96.7% and 151 days recorded 12 months ago. Total market inventory was down by 3.7% from last month at 1,791 listings and down 12.4% from the April 2016 level of 2,014. By type the April inventory…

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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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***Published on 1st April 2017***

March 'murmurings' From The Resort Area...

The total resort area inventory offered for sale stood at 1859 homes at the end of March which is an 8.1% decrease from the corresponding month last year and a 5.6% decrease from last months 1964 recorded total. By listing type the March total recorded 1806 normal owner listings which was a 4.9% decrease from February and 5.9% lower than March 2016. Bank owned listings at 34 were down from 63 last year with the short sale total of 19 down 16 from the 35 recorded total of March 2016. The sales total of 281 closings in March was identical to the March 2016 total but up by 9 from the February 272 recorded sales. Homes that closed took an average 133 days to sell which compares…

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

                                                                                Community Reports

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***Published on 1st March 2017***

February 'facts' From The Resort Area...

The number of sold homes during February totaled 272 which was 11.2% up on the corresponding months total last year when 245 changed hands. Homes that sold achieved an average 97.3% after spending 134 days on the market which compares to an average 129 days and 96.6% achieved a year ago. Overall inventory year on year was down 4.5% at 1,964 listings with normal owner sales accounting for 96.4% of the current inventory total at 1,894. Bank owned listings represented 2.1% at 42 whilst short sales of 28 listings comprised the remaining 1.5%. The resort area median price is up 8.5% from a year ago at $184,363 whilst the number of homes under contract awaiting closure was 14.6%…

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***Published on 1st February 2017***

January 'Journal' From The Resort Area...

Overall Inventory recorded little change year on year as Januarys report revealed a total of 2,032 listings which compared to 2,023 in January 2016. By listing type normal owner listed homes were up 2.7% at 1964 while bank owned listing were down 43.3% at 41. Short sales listed were also down by 14 listings from January 2016 at 27. The average price that a sold home achieved was unchanged at 97% of the asking price while the number of days that a home took to sell was up by 4 from the corresponding month last year at 135. The median price of a resort area home increased 9.5% year on year to $184,462 from $167,509 in January 2016. The number of closed homes during January…

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

                                                                                Community Reports

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

                                                                                Community Reports

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Published on 1st November 2016

October 'oracle' From The Resort Area...

Total closings across the resort area were down a net 17 homes from last month as 263 homes changed hands in October while year on year figures recorded 32 less closings than the October 2015 sold total. Overall inventory of homes was up 16 from last month at 1939 and up 76 from October last year. By type month on month figures revealed that normal owner listings increased by a net 16 at 1939, bank owned were up 1 at 40 and short sales increased by 2 to 29. The average days on market that a home takes to sell was down by 1 from last month at 133 whilst the average price that a sold home achieved considered against listing price was 97% which is unchanged from last month. The…

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

                                                                                Community Report

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