Orlando Real Estate Market News - August 2019
Posted by Team Donovan onJuly 'jargon' From The Resort Area...  Total inventory levels in the resort area were little changed from last month but recorded a 6.9% increase from a year ago with listed homes up from 1,158 to 1,238 over the last 12 months. The average days that a home takes to sell has fallen by 32 days over the same period from 130 in July 2018 to 98. A home that sold during July achieved an average 97.6% of its listed price compared to 97.3% 12 months ago. A homes median price continued year on year growth with a 5.9% increase from July 2018 to a revised median price of $223,250 from $210,681. The pipeline number of homes under offer/contract awaiting closure totaled 548 which was down 20.8% down from last months 662 and also 6.9% lower than the 586…

Online rental platforms like Airbnb have made it easy for homeowners to make their properties available to today’s travelers. But not all travel guests are the same. Families have unique needs that homeowners forget to consider when marketing their Orlando holiday homes.Â
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