Orlando Real Estate Market News | Page #6

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

                                                                               Community Reports

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November 'numbers ' From The Resort Area...   The resort are median market price was up 8.2% from November 2019 at $248,425 which was also a 0.6% increase over October 2020. Total inventory of 1,423 homes represents a decrease of 3.8% from last months 1,461 listed total and is just 6 homes higher than the 1,417 recorded total of a year ago.  A sold home on average attained 97.8% of its final listed price after spending on average 94 days in the market which compared to 97.5% and 97 days, respectively,  one year ago.  Total closings of 417 homes during the month were 32.8% up on the 314 sales recorded a year ago and also 12.4% more than the 371 sales last month. The pipeline number of homes awaiting closure under offer/pending stands at 687 which is …

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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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October 'oracle ' From The Resort Area...   The October resort area market saw 371 homes change hands during the month which was 17.4% up on the 316 closings of October 2019 but 61 sales down on the 432 sales recorded in September 2020. A home that did sell achieved an average of 97.6% of the listed price which was the same rate as a year ago whilst the average days that a home takes to sell was down by 2 days from twelve months ago at 97 days.  The markets median price was up 8.3% from a year ago at 246,975 from 228,118.  Overall inventory levels were up 8.4% from a year ago at 1,461 homes whilst the number of homes under offer/contract stood at 734 which was slightly up from 729 pipeline total of last month but 221 higher than the 513 total in…

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

                                                                               Community Reports

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September 'summary' From The Resort Area...   The Resort areas median price was up 7.9% year on year in September from $226,731 to $244,658 whilst homes were also selling on average 2 days quicker than they were a year ago at 96 days.  A September closed home achieved on average 97.8% of the asking price which was marginally up on the 97.6% level being achieved 12 months ago. Total inventory of homes available for purchase stood at 1,484 which was 5.1% less than the previous months inventory but 184 homes higher than the September 2019 total of 1,300. Total market sales of 432 reflected a 43.5% increase on the 301 closings of September last year and were also up  63 sales compared to the 369 closings last month. During September 118 homes were…

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

                                                                               Community Reports

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August 'announcements' From The Resort Area...   August resort area inventory levels saw an overall increase of 25.3% year on year to 1,561 homes which was also a rise of 4% from the 1,500 homes listed last month. The total number of sales during August was 369 which was 7 closings down on the corresponding month a year ago and 44 lower that the 413 sales in July. A sold home during August closed in an average of 97 days which was the same as August 2019 and achieved on average of 97.8% of the asking price which was also little changed from the 97.7% level last year.  The markets median price stood at $241,750 which was 7.9% up on the $223,968 median price of one year ago.  The number of homes pending under offer/contract awaiting closure stood at …

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

                                                                               Community Reports

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June 'judgements' From The Resort Area...   Total resort area inventory of 1,480 homes represented an increase of 20.7% from the one year ago total of 1,226 listings but was down 125 homes compared to the 1,605 listings of May 2020.  The median price of a market area home was 7.5% higher than a year ago at $238,500 and also up 0.3% from the $237,600 median price last month. A home that closed during June sold after an average total of 96 days which compared to 97 days last month and the 98 day total of June 2019. Total sales during the month of 300 homes represented a fall of 25% from the 375 closings in June 2019 but an increase of 53% compared to the 196 sales last month. The average closed price attained during June reflected 97.4% of the…

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