Orlando Real Estate Market News - January 2016
Posted by Team Donovan on
December 'data' from the Resort Market . . .
The final update for 2015 revealed that 26 more homes sold during December than closed during November as 288 homes changed hands across the Resort area. The December median price was up 1.1% month on month to a revised $167,856 and up 4.1% from the December 2014 recorded median price of $161,237. The number of homes listed for sale stood at 1834 which recorded a fall month on month in all listing categories as normal owner listings fell by 52 at 172. Bank owned listings were down 23 at 75 and short sales decreased by 7 at 35. Homes that did sell during December achieved an average 96.6% of the listed price which was unchanged from November but up 0.3% compared to December 2014. The average days on market…