Central Florida Real Estate Market Recap of June 2022

Housing inventory jumped 41% in June with an additional 1,586 more homes on the market in June

June 2022 Recap

State of the Market

  • Inventory increased by 41.2% from May 2022 to June 2022, with 1,586 more homes on the market in June compared to May. This is the second month in a row with a surge in inventory, following May’s increase of 44.2%.
  • Inventory increased by 75.5% from June 2021 to June 2022, jumping from 3,098 homes in June 2021 to 5,437 in June 2022.
  • June’s median home price was recorded at $387,000, an increase of 1.9% compared to May 2022; this sets a record high for the fifth month in a row. This is a 22.9% increase from June 2021 to June 2022,…

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'Why do I need an agent?' 7 quick answers for doubters

Real estate agents still play a valuable role in the age of algorithms and DIYers

Many people believe that if you have the right algorithm, you will find the perfect property or that a transaction is as simple as what is shown on reality TV shows.

What most don’t realize is the negotiating expertise required, what it takes to overcome transaction problems (and they can be numerous) and that you must know and coordinate the best service providers (as many as 25) to get the deal closed.

All these aspects of expertise can save homebuyers or sellers thousands of dollars, or make them thousands of dollars, while ensuring that they are legally protected in all the steps to closing.

If…

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Where Are The Best Places To Live In Florida Right Now?

When most people picture Florida, the first things that come to mind are the beautiful beaches and the seemingly endless supply of sunny days and clear skies. This is absolutely a draw - after all, it is the Sunshine State! But Florida has so much to offer, from theme parks to historic sites, and many cities meet almost any needs. 

Florida is so much more than just the bustling Miami nightlife you see on TV. In fact, some of the most popular cities for new residents are far north of well-known South Beach! 

The top ten places to live in Florida are:

  1. Sarasota
  2. Naples
  3. Melbourne 
  4. Davenport
  5. Tampa
  6. Clermont
  7. Orlando
  8. Port St. Lucie
  9. Lakeland
  10. Windermere

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