ORLANDO REAL ESTATE MARKET NEWS - April 2025 - Published - 1st April 2025
Posted by Team Donovan on
***Published on 1st April 2025***
March “moments” from the Resort Area Market...
The March median price was up at $399,000 from the February figure of $397,900, but was down 1% from the March 2024 median price of $404,000. A closed home during March achieved an average of 97.3% of its final listed price, up from 97.1% in February and down from the 98.0% level achieved one year ago. During March, the average days a home took to close was 123, whilst the average days on market was 91, compared to 85 days in February and a 78-day average recorded over the last 12 months. Total closings of 311 were 63 up on the 248 February total, but below the 396 sales recorded in March 2024. The number of homes Pending- under offer/contract across the…