Orlando Real Estate Market News - December 2016
Posted by Team Donovan on
***Published on 1st December 2016***
November 'Numbers' From The Resort Area...
Inventory levels year on year were up 6.4% across the resort area as Novembers total inventory reached 2,004 homes. This total was also 3.3% higher than last months 1,939 recorded total. By listing type, November inventory comprised 1,917 owner listings, up from 1,870 last month, 50 bank owned, up from 40 in October and 37 short sales, up from 29 last month. The average days on market that a home takes to sell was up 3 from November 2015 at 133 whilst the average price achieved compared to asking price was 97%, up from 96.6% last year. Total sales volume was 18.9% higher than November 2015 as 319 homes changed hands during the month. The median price of a resort area…
Buying a vacation home near Disney gives owners an opportunity to generate rental income, since millions of vacationers from all over the world flock to this area each year. Savvy travelers are no longer satisfied with hotel stays. They prefer the comfort and convenience that comes from staying in a private home. That also means competition among rental properties can be fierce. According to TripAdvisor, recent surveys show over 80% of travelers would prefer to book online. Here are a few ways to make your listing stand out on a vacation rental website.Â
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