Orlando Real Estate Market News | Page #13

Great location for this lovely condo located in Tower 1 of Blue Heron! This unit is a very spacious 1 bedroom 2 bathroom home but it features a bunk bed which can accommodate 2 additional guests. The living space is well spaced and has plenty of natural light supplied by the large sliding doors opening up to your private balcony space and pool view! Comfortable kitchen space with seating at the elevated countertop. Dining table located adjacent to the kitchen. Master Bedroom features a large bed and full bathroom access. Fully Furnished! This unit is just a short drive to great restaurants and theme parks!

Asking Price: $128,950

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March 'math' From The Resort Area...   A resort area home that changed hands during March achieved on average 97.4% of its listed price after having spent 132 days on the market latest figures show. This compares to an average 97.2% a year ago after 133 days spent listed for sale. Total market sales of 324 were 10.2% higher than the 294 sales recorded last month and 15.3% up on the 281 sales in March 2017 . The pipeline number of homes under offer/contract pending closure stood 43 higher than a year ago at 324. The areas median sales price of 204,111 is 9.6% up on a year ago when the median price was 186,146. The number of homes withdrawn from the market having failed to sell during March was 94 which was 51 less than the withdrawn total of the same…

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February 'factoids' From The Resort Area...

Total sales of 294 across the resort communities during February were 9.8% up from the January 288 total and 8% higher than the February 2017 total of 272. The number of homes under contract awaiting closure stood at 542 which was 12.5% down from the 610 total on the corresponding month last year. Homes that sold achieved on average of 97.25%, of the asking price which was unchanged from last year, but took 1 day less to sell than a year ago at an average 133 days. The markets median price was up 10.6% from last years $184,363 at $204,025. The number of homes withdrawn from the market having failed to sell whilst listed was 97 while inventory levels overall continued to decline. Total inventory stood at 1310…

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The February Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Reports

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The January Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Reports

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Team Donovan enjoyed a record-setting year in 2017. The Orlando real estate firm sold over 210 listings, the most sales in its 13-year history. And it set an MLS (Multiple Listing Service) record for the number of listings sold by an agent. CEO and Real Estate Broker James Donovan attributes the strong showing in part to attractive exchange rates, which motivated many European owners to sell their vacation homes to U.S. and foreign investors for a profit. 

Donovan says his firm’s success is unique in the Central Florida real estate market. “On the listing side, I have not seen any other real estate agent with numbers as high as ours when it comes to vacation home sales,” said Donovan. He credits the high volume of listing sales to the company’s…

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***Published on 1st January 2018***

December "data" from the Resort Area Market...

The final sales activity review of 2017 revealed that the total number of homes listed for sale in the resort area stood at 1,500 which represented a 30.7% decrease in available inventory compared to the December 2016 total of 2,030.  Month on month listings were 70 up on last months 1,430. By listing type, the December inventory comprised 1,450 normal owner listings, down 34.4% from the 1950 December 2016 total. Bank owned listings month on month were down 2 at 29 while short sales also fell by 2 to 21 which compares to 45 bank owned homes and 35 short sales one year ago. Total sales during December of 337 were 25 higher than the corresponding month last year but…

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The December Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Reports

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*** Published on 1st December 2017 ***   November 'numericals' From The Resort Area...   Resort area inventory in November detailed a total of 1,430 listings that represented 1,376 normal owner listings, 31 bank owned homes and 23 short sales. Overall inventory was down 40% from November 2016 when the total number of homes listed for sale stood at 2,004 which then comprised 1,917 normal owner listings, 50 bank owned and 37 short sales. The average days on market that a home took to sell in November 2017 was unchanged from last month at 132 but was down 1 day from the 133 days being achieved a year ago.  During the month a closed home achieved an average 97.1% of the asking price which was little changed from the 97% level of both October 2017…

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The November Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Reports

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