Central Florida Real Estate Recap of December 2022

Overall sales in December increased by 11.7% from November, with 2,230 sales recorded

December 2022 Recap

State of the Market

  • “The white-hot seller's market we saw last year is over as we’re now seeing a more traditional market,” said Lisa Hill, 2023 Orlando Regional REALTOR® Association President. “Inventory is on the rise, giving buyers more options. However, those buyers are also faced with higher interest rates, which will have the biggest impact on the market in 2023.”

  • December’s median home price was recorded at $353,200, down from November’s median home price of $360,000. The overall median home price in 2022 was recorded at $365,000, an all-time high and…

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Pros and Cons of Investing in The Grove in Orlando, FL

The Grove Resort and Spa

If you are ready to undertake an investment property, location is likely one of the biggest decisions you will have to make. The area you choose to invest in can determine the value of your property over time, whether it is a primary or vacation home, and how much you may have to spend on things like taxes. It’s likely no surprise that many people making this decision land in any of the homes for sale in Orlando, FL, for their investment - with great year-round weather and many tourist attractions, the city is an ideal place for a vacation property. 

With so many wonderful homes to choose from, you may be overwhelmed with the right choice. If you’re wondering, “is The Grove in Orlando a good…

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