Central Florida Real Estate Market Recap - February 2021
Posted by Florida Realty Marketplace on
During the First Month of 2021 the Orlando Housing Market Remained Strong
January 2021 Recap
State of the Market
- There are fewer homes on the market to start off in 2021. More people are moving to Central Florida, furthering the gap between supply and demand. The Orlando metropolitan area gained 60,977 new residents in 2020, the most in the last five years.
- Buyers are quickly snatching up available homes. In January, homes spent an average of just 40 days on the market versus 60 days in January 2020.
- “Sellers definitely have the upper hand right now. Inventory is down significantly from a year ago, and we’re seeing this continued influx of people moving to Central Florida. Buyers need to be pre-approved and ready…
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