Real Estate News in the Central Florida Area and Around the Country.

Central Florida Real Estate Recap of July 2024

July represented another strong month in the housing market as many families worked to squeeze in their moves before the start of the new school year

State of the Market

  • July’s interest rate was recorded at 6.6%, down from 6.7% in June.
    • In ORRA’s new survey of Orlando REALTORS, 52% of respondents cited interest rates as the top challenge for buyers, causing some buyers to wait out purchasing homes right now or look at lower price points.
  • The median home price for July was recorded at $390,000, down from $395,000 in June. June was the highest monthly median home price on record in the Orlando area.
    • Home prices were cited as the second biggest…

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Central Florida Real Estate Recap of June 2024

June 2024 had the Highest monthly median home price on record in the Orlando area

State of the Market

  • The median home price for June was recorded at $395,000, up from $385,000 in May. This is the highest monthly median home price on record in the Orlando area. This is the second time in 2024 the record has been broken.
  • Inventory for June was recorded at 10,796, up 5.0% from May when inventory was recorded at 10,282. This is the sixth month in a row inventory has risen. The last time inventory was this high was November 2015.
  • Overall sales fell 10.6% from May to June. There were 2,601 sales in June, down from 2,909 sales in May. This breaks a four-month…

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Central Florida Real Estate Recap of May 2024

Inventory surpasses 10,000 homes for first time since 2016

State of the Market

  • Inventory for May was recorded at 10,282, up 9.7% from April when inventory was recorded at 9,376. This is the fifth month in a row inventory has risen. The last time inventory was this high was September 2016.
    • Inventory was 99.7% higher than May 2023.
  • Overall sales rose 5.4% from April to May. There were 2,909 sales in May, up from 2,759 sales in April. This is the fourth month in a row that sales have risen.
  • The median home price for May was recorded at $385,000, down from $388,500 in April. April was the highest monthly median home price on record in the Orlando…

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Orlando Pool Homes Near Disney For Sale

The enchanting city of Orlando, known for its sunny skies and world-renowned attractions, offers a unique lifestyle that's both vibrant and laid-back. With a variety of Orlando pool homes near Disney for sale, you can turn this dream into your reality. Whether you're a family seeking adventure, retirees looking for a serene escape, or investors searching for a lucrative opportunity, Orlando welcomes you to explore the endless possibilities.

Why Choose Orlando for Your Pool Home?

Pricing your home appropriately is critical. An overpriced home can linger on the market, leading to a lower final sale price. On the other hand, underpricing can result in a financial loss. 

In Central Florida's dynamic…

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Central florida real estate recap of april 2024

New Orlando Regional REALTOR® Association data shows record-high median home price in Central Florida.

State of the Market

  • The median home price for April was recorded at $388,500, up from $386,500 in March. This is the highest monthly median home price on record in the Orlando area.
  • Overall sales rose 7.8% from March to April. There were 2,759 sales in April, up from 2,559 sales in March. This is the third month in a row that sales have risen.
  • April’s interest rate was recorded at 6.9%, up slightly from 6.7% in March. This is the third month in a row that interest rates have risen.
  • Inventory for April was recorded at 9,376, up 4.5% from March when…

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5 Safest Neighborhoods to Live in Orlando, Florida

Orlando, Florida, is not just a tourist destination. It's also a great place to call home, especially when you prioritize safety alongside a high-quality lifestyle. Each neighborhood and top safe suburbs in Orlando bring its unique flair and amenities to the table, but they all share a common thread of community and safety. Let's delve deeper into what makes each of these neighborhoods stand out.

Avalon Park: A Well-Planned Community

Avalon Park is not just a neighborhood; it's a self-contained community designed with the ideals of New Urbanism. This means everything a resident needs is within walking distance—from schools to grocery stores, making it an ideal place for families looking for a…

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Central Florida Real Estate Recap of March 2024

New Orlando Regional REALTOR® Association data shows spike in listings kicking off the new year.

State of the Market

  • Overall sales rose 17.7% from February to March. There were 2,559 sales in March, up from 2,174 sales in February.
  • The median home price for March was recorded at $386,500, up from $377,000 in February. The highest monthly median home price on record in the Orlando area was $387,000 in June 2022.
  • Pending sales increased by 9.4%, with 3,891 in February and 4,257 in March.
  • New listings rose 8.6% from February to March, with 4,124 new homes on the market in March, compared to 3,799 in February.
  • Inventory for March was recorded at 8,971, up…

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Central Florida Real Estate Recap of February 2024

New Orlando Regional REALTOR® Association data shows a Rise in the Median Home price.

State of the Market

  • Overall sales rose 26.5% from January to February. There were 2,174 sales in February, up from 1,719 sales in January. This comes after eight months of falling sales.
  • The median home price for February was recorded at $377,000, up from $360,000 in January. This comes after three months of falling median home price.
  • Pending sales increased by 17.8%, with 3,303 in January and 3,891 in February.
  • New listings rose 7.8% from January to February, with 3,799 new homes on the market in February, compared to 3,524 in January.
  • Inventory for February was…

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Central Florida Real Estate Recap of January 2024

New Orlando Regional REALTOR® Association data shows spike in listings kicking off the new year.

State of the Market

  • New listings rose 46.3% from December to January, with 3,524 new homes on the market in January, compared to 2,409 in December.
  • Inventory for January was recorded at 8,217, up 4.8% from December when inventory was recorded at 7,838.
  • The median home price for January was recorded at $360,000, down from $367,250 in December. This is the third month in a row that median price fell. Median price has dropped $17,000 since October 2023.
  • January’s interest rate was recorded at 6.5%, down slightly from 6.6% in December. This is the third month…

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5 Signs Your House Will Sell Quickly in 2024

5 Signs Your House Will Sell Quickly in 2024

What Usually Stops a House From Selling

As we enter the real estate landscape of 2024, selling your home might be on your agenda. Understanding the signs that indicate a quick sale can empower you as a homeowner. In this guide, we’ll delve into five key signs that suggest your house won’t linger on the market. Whether you’re in the Sunshine State or beyond, these insights are tailored to help you gauge how fast your home might sell.

1. Exceptional Market Demand in Your Area

Real estate is fundamentally driven by supply and demand. In areas where housing inventory is low but buyer interest is high, homes tend to sell rapidly. This demand can be influenced by various factors, including economic…

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