Orlando Real Estate Market News - April 2023Posted by Team Donovan on
Orlando Real Estate Market News - March 2023 - Published 1st April 2023
March "math' From The Resort Area.
March total listings of 887 were 9.6% below February's 981 total but still significantly up on the 273 listings in the comparable month a year ago. March total closings of 364 were down 29% on the 512 closings recorded a year ago but did increase 69 sales from the 295 closings last month. A home selling in the Resort area Market achieved an average 99.6% of the listed price, down from 100.1% last month and below the 99.8% level seen a year ago. The average days on the market that a home took to close was 75, compared to 76 days twelve months ago and 70 days last month. The March pipeline number of homes under…