Central Florida Real Estate Recap of May 2023

New Orlando Regional REALTOR® Association data shows rise in sales and median home price as summer selling season heats up

May 2023 Recap

State of the Market

  • Overall sales rose 13.9% from April to May. There were 3,150 sales in May, up from 2,766 sales in April.
  • Overall sales in May 2023 were 20.2% lower than May 2022 when there were 3,946 sales.
  • The median home price for May was recorded at $378,000, up from $370,000 in April. This is a $28,000 increase since January. Median home prices have increased every month this year.
  • Median home price in May 2023 was roughly the same as May 2022, when it was recorded at $379,950.
  • May’s interest rate was recorded at…

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The Best 5 Gated Communities to Buy Near Disney World

The 5 Best Gated Communities to Buy Near Disney World

Welcome to the enchanting world of Florida living! Nestled near the captivating wonder of Disney World, your decision to move to a gated community in this remarkable area promises a life filled with magic, convenience, and a touch of luxury. Embrace the experience of a close-knit neighborhood with communities that offer a secure and welcoming environment, complemented by an array of exclusive amenities. Picture yourself relishing in the thrill of living just moments away from world-class entertainment, while also enjoying the peace and tranquility that comes with residing in a serene and well-maintained haven. With an abundance of recreational opportunities, stunning landscapes, and an…

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Why Condos Near Disney Are a Good Investment Option

Why Condos Near Disney Are a Good Investment Option
Welcome to the world of smart investments in the magical city of Orlando, where opportunities abound and dreams come true. If you're seeking a lucrative investment option that offers both excitement and profitability, look no further than Florida condos near Disney. With a prime location near the enchanting Walt Disney World Resort, these properties promise not only unforgettable experiences but also hold great potential for a high return on investment. By delving into the benefits, potential ROI, and other essential considerations, we'll guide you through the key factors to consider before making a smart investment in condos near Disney in beautiful Orlando, Florida.

Benefits of Investing in a…

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All About Snowbird Season in Florida

All About Snowbird Season in Florida

Welcome to our comprehensive guide, where we dive into the seasonal phenomenon of snowbird season in Florida. Snowbird season refers to the period when residents from colder regions, referred to as "snowbirds," migrate to Florida to escape the winter weather in their home states. Snowbird season generally starts in late fall or early winter and extends through the spring months, typically from November to April. Many retirees and vacationers flock to popular destinations in Florida during snowbird season, including Orlando, Fort Lauderdale, Naples, Miami, and the Gulf Coast, seeking warmer temperatures and a more relaxed lifestyle. Join us as we unravel the adventures and delights of Florida's renowned snowbird…

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