ORLANDO REAL ESTATE MARKET NEWS
Posted by Team Donovan on
April Update From Short-Term Rental Land…
Closed sales for April covering the short term rental communities collated by Team Donovan were up over 22% from last month with 325 homes officially changing hands during the past month. Overall inventory levels fell for the 4th consecutive month to record a low for the year of 1471 homes which was down 10% from last months total of 1619. The average days that a home now takes to sell increased during the month by 2 days with the average home now selling in 148 days. During the month current owners withdrew 117 homes from the market having failed to attract a buyer. Total homes under offer/contract at the month end remained little changed from last month with 1085 homes still awaiting closure. At the current…
