Orlando Real Estate Market News - July 2019
Posted by Team Donovan onJune 'maths' From The Resort Area...  Junes sales across the resort area totaled 375 which was 3 lower than the corresponding month a year ago and 7.2% lower than the 402 sales in May 2019. Homes under contract awaiting closure were unchanged from the previous month at 662 but 44 or 7.1% up from the 618 total pipeline of a year ago. The number of homes withdrawn from the market having failed to attract a buyer was at the lowest monthly level for over 3 years at 54 homes. The markets median price of $221,843 was up 5.8% from the one year ago price of $209,675. A home that sold achieved an average 97.4% of the asking price after 98 days on the market which compares to 128 days a year ago and the 97.3% average price achieved. Overall inventory was 1.4…

Â
Â
Â
Â
Selling a home without a real estate agent might seem like a good idea for homeowners. They may think that not having to pay a commission will give them a higher return on their Orlando holiday homes.