Orlando

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…

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

                                                                               Community Report

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

                                                                               Community Report

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

                                                                               Community Report

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

                                                                               Community Reports

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

                                                                               Community Reports

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

                                                                               Community Reports

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

                                                                               Community Reports

  October 'oracle" From The Resort Area...   Total sales during October were up 8.7% from September at 501 closings compared to 461. Year on year sales were also 35% higher than the 371 closings during October 2020. The resort area median price stands at $275,875 which is an increase of  1.1% from last months median of $272,763 and an increase of 11.7% from the October 2020 median of $246,965. Inventory levels are down by 9.6% month on month from 586 listings in September to 534 this month while year on year inventory levels are down by 73% from the 1,461 listings back in  October 2020. The average days on market that a home takes to sell is down 2 from last month at 89 which was also down 8 days from the 97 days of a year ago. A sold home…

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

                                                                               Community Reports