ORLANDO REAL ESTATE MARKET NEWS - February 2025 - Published - 1st February 2025
Posted by Team Donovan on
***Published on 1st February 2025***
January “Journo” from the Resort Area Market...
The January median price was down slightly from December at 399,000 from $399,900 but remains down 1.3% from the January 2024 median price of $404,418. A home that closed during the month achieved an average 97.3% of its final listed price, down from the 97.9% in December and lower than the 97.6% level achieved at the start of the year. During the month, the average days a home spent on the market was 90, compared to 92 days in December and the 75-day average recorded over the last 12 months. Total closings during January were 227, 65 below the December total of 292 and also down on the 281 sales recorded in January 2024. The average days a home took to…