Orlando Real Estate Market News - September 2014
Posted by Team Donovan on
September ‘summations’ from the Orlando Resort Area…
September sales were higher by 3 homes compared to August as 228 homes changed hands during the month. The resort areas accumulated pipeline of homes under offer awaiting closure fell by 15 overall from August to leave a revised 518 listed total. Homes that sold during the month achieved on average 96.5% of the asking price after 129 days on the market which compares to 128 days last month and an August average of 96.7% of the asking price. The median price of a resort area home increased by just over 3% from August as the September median price revised to $163,012. Overall inventory in the market was up by 64 homes in the last 30 days to a 1544 inventorytotal. By listing type normal owner offered…
