Real Estate Information

Real Estate Information

***Published on 1st July 2025*** 

June "journal" from the Resort Area Market... 

The June median price was unchanged from the previous month at $395,000 but was down 2.2% from the June 2024 median price of $403,900. A home changing hands in June did so at an average of 98.1% of its final listed price, higher than May and up from the 97.5% level achieved twelve months ago.  The average days that it took for a home to close during May were 135, which is 10 days higher than a year ago, whilst the average days a home spent on the market over the past 30 days was 91, which compares to an 82-day average over the past 12 months. The new total sales of 329 were the same as in May but were down from the 401 closings recorded in June 2024. The number of homes…

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 ***Published on 1st June 2025***  

May  “math”  from the Resort Area Market... 

A home sold during May achieved on average 97.1%  of its final listed price, unchanged from April but down from the 98.1% level achieved twelve months ago.  The average days a home took to close during April was unchanged from the previous month at 125, whilst the average days a home spent on the market over the past 30 days was 85, which compares to an 80-day average over the last 12 months. The April median price fell to $395,000 from $399,900 in April and was also down 2.3% from the April 2024 median price of $404,000.  The May sales total of 329 was down from the April total of 361 and the 444 sales recorded in May 2024.   The number of homes Pending- under…

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Why James Donovan is Central Florida’s Top Real Estate Broker for Selling Vacation Homes

When it comes to selling vacation homes in Central Florida, James Donovan stands out as the premier choice. As the leading broker and agent at Team Donovan, James has sold over 2,500 properties valued at more than half a billion dollars since starting his career in 2004. His extensive experience, international perspective, and unparalleled customer service have made him the most successful broker in the region for vacation home sales. Unlike a typical real estate agent, James’s status as a licensed broker offers distinct advantages that ensure a seamless, stress-free, and transparent selling process. Backed by glowing testimonials from.com and Google, here’s why…

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 ***Published on 1st May 2025***

April “answers”  from the Resort Area Market... 

The March median price was up at $399,000 from the February figure of $397,900,  but remains down 1% from the March 2024 median price of $404,000. A closed home during the month achieved an average of 97.3%  of its final listed price, which was up from 97.1% in February but down from the 98.0% level being achieved one year ago.  During March, the average number of days it took to close a home was 123, while the average days on market were 91, which compares to 85 days in February and a 78-day average over the last 12 months.   Total closings during March were 311, which was 63 above the February total of 248, but down from the 396 sales recorded in March 2024.   The…

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***Published on 1st April 2025***

March  “moments”  from the Resort Area Market...   

The March median price was up at $399,000 from the February figure of $397,900,  but was down 1% from the March 2024 median price of $404,000. A closed home during March achieved an average of 97.3%  of its final listed price, up from 97.1% in February and down from the 98.0% level achieved one year ago.  During March, the average days a home took to close was 123, whilst the average days on market was 91, compared to 85 days in February and a 78-day average recorded over the last 12 months.   Total closings of 311 were 63 up on the 248 February total, but below the 396 sales recorded in March 2024.   The number of homes Pending- under offer/contract across the…

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***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…

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***Published on 1st September 2024***  

August “answers ”  from the Resort Area Market... 

The August median home price was unchanged from July at $400,000  but remained down 1.1% from the January median price of 404,418, whilst the average days that a home takes to close was up by 2 days from July at 114  and 3 higher than 111-day average recorded in June.  The trend of rising inventory slowed in August, with the total number of listings at 3,162. Little changed from 3,157 in July, but it was above the 2,767 total listings recorded in January 2024.  Total sales during August of 326 homes were down 96 on the previous month and down 75 on the resort area closings recorded during June.  A home that closed during August did so at an average of 97.8% …

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***Published on 1st June 2024***

 May “math ”  from the Resort Area Market...

 Total sales during May of 444 were a new monthly high for 2024 which compared to 408 in April and the low of 281 closings in January.  A home that sold during May achieved an average 98.1%  of its listed price which compares to 97.5% in April, whilst the average days that a home was on the market was 82 during the month, compared to a 70 day average recorded over the last 12 months.  The May median price increased 0.3% month on month from $402,949  to $404,000 whilst the average days that a home takes to close was up by 2 days from April at 109 and up 4 days from the 104 day average of the first quarter of 2024.   Overall Inventory levels continued to rise with the May…

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***Published on 1st May 2024***

April “answers ”  from the Resort Area Market...

The April median price was down 0.3% month on month from $404,000 to $402,949, whilst the average days a home takes to close was 107, a rise of 2 days from both March and February’s 105 days.  Total resort area market inventory was up by 67 homes at 2,867 compared to March's 2,800 total and February’s 2,775.    A home closing in March achieved an average of 97.5%, compared to 98.0% last month.  The average number of days that a home was listed was recorded as 79 during March, compared to an average of 58 over the last 12 months.  The pipeline number of homes under offer/pending closure was 734, which was 50 homes up from March and 44 higher than the 690 recorded in…

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***Published on 1st April 2024***

March “math”  from the Resort Area Market...

Total resort area net market inventory increased by 25 homes compared to February, rising to 2,800 listings and 33 homes from the January total of 2,767. A home closing during March sold at an average of 98.0% of its listed price compared to 97.8% last month and 97.6% in January.  The March median price was up 0.4% month on month from $402,500 to $404,000, whilst the average days a home now takes to close was 105, unchanged from last month and January. The average days a home was listed was 68 during March compared to an average of 55 over the past 12 months. The pipeline number of homes under offer/pending closure stood at 684, 6 homes down from February but 73 higher…

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