ORLANDO REAL ESTATE MARKET NEWS - March 2025 - Published - 1st March 2025
Posted by Team Donovan on
***Published on 1st March 2025***
February “findings” from the Resort Area Market...
A resort area home that closed during the month achieved an average of 97.1% of its final listed price, down from 97.3% in January and down on the 97.6% level achieved twelve months ago. During February, the average days that a home spent on the market was 85, compared to 90 days in January and the 75-day average recorded over the last 12 months. The February median price was down from January at 397,700 from $399,900 but remains down 1.0% from the February 2024 median price of $402,500. The average days a home took to close during the month was 122, a rise of 2 days from January and compared to a 105-day average achieved in February 2024. Total closings…
