Orlando Real Estate Market News | Page #9

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

                                                                               Community Reports

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

                                                                               Community Reports

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

                                                                               Community Reports

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March 'math' From The Resort Area...   Pre coronavirus pandemic figures revealed that resort area inventory was up 9.2% from a year ago at 1463 homes compared to 1340 listings in March 2019 and 5.6% higher than last month.  The average number of days that a home to took to sell during March was 98 which was 5 less than it took twelve months ago whilst achieving on average 97.5% of the respective listed price, which was unchanged over the same period. The markets median price of $237,496 was little changed from last month but was up 9.6% from the one year ago median price of $216,628. The total number of homes sold during the month was 61 which compared to 322 in March 2019 while the number of homes pending under offer/contract stood at 499 which…

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February 'financials' From The Resort Area...   The average price of a resort area home is 9.8% higher than a year ago rising from $216,125 to $237,469 after having achieved an average of 97.4% of the listed price and closing after 98 days on the market. This compares to the 97.5% and 101 days average respectively being achieved one year ago. The total number of homes available for purchase across the resort area during February stood at 1,385 which was down 1% below levels a year ago of 1,369 and also down 58 homes from last months inventory total of 1,443. Total number of homes under offer/contract at the end of February stood at 594 which compares to a 521 pipeline in February 2019 and 479 last month whilst 54 homes were withdrawn from the market…

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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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***Published on 1st January 2019***

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

The final Team Donovan review of sales activity for 2018 revealed that the number of December active listings across the resort area was 1252 which represented a 19.8% fall in overall inventory compared to the 1500 home total of December 2017. During the last month of 2018 overall sales totaled 292 after the average home closed at 97.5% of its listed price having spent 102 days on the market. The corresponding month of 2017 recorded 337 sales each spending an average of 122 days on the market and achieving 97.1% of the listed price. The markets median price closed the year 5.3% higher than December 2017 at $213,500 from $202,706 one year ago. The pipeline number of…

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