Orlando Real Estate Market News - March 2019
Posted by Team Donovan onFebruary 'financials' From The Resort Area...  The total 205 resort area sales in February were 12.2% lower than the 230 sales in January and 31.3% below the 294 closings in the corresponding month last year. The markets median price was up 5.6% from a year ago at $216,125 whilst an average home achieved 97.5% of its listed price ( unchanged from a year ago) having spent 101 days on the market compared to 103 days in January and 133 days in February 2018. Total inventory of 1369 homes was 4.4% below the 1430 level of last month but 4.5% up on the February 2018 total of 1310. The number of homes under contract awaiting closure stood at 521 which was 32.5% higher than last year but 4% down year on year. Homes withdrawn from the market having…