Found 2 blog entries tagged as RealEstateNewsletter.

Central Florida Real Estate Recap of January 2025

Sales slowed in January coming off of the holidays, which is typical for this time of year

State of the Market

  • New listings spiked 68.1% from December to January, with 4,220 new homes on the market in January, compared to 2,510 in December.
  • Inventory for January was recorded at 11,697, up 16.4% from December when inventory was recorded at 10,049.
    • This is the highest inventory since July 2015.
  • Pending sales rose by 24.8%, with 2,661 in December and 3,320 in January.
  • The median home price for January was recorded at $375,000, down from $380,000 in December.
  • January’s interest rate was recorded at 6.8%, up from 6.5% in December.
  • Homes…

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Central Florida Real Estate Recap of September 2023

New Orlando Regional REALTOR® Association data shows rates reach highest level in over 20 years, contributing to market slowdown this fall.

September 2023 Recap

State of the Market

  • September’s interest rate was recorded at 7.3%, up from 6.6% in August. This is the highest interest rate since March 2002.
  • Inventory for September was recorded at 6,758, up 10.5% from August when inventory was recorded at 6,115. This is the sixth month in a row inventory has risen.
  • Overall sales fell 8.4% from August to September. There were 2,558 sales in September, down from 2,792 sales in August. This is the fourth month in a row that home sales have fallen.
  • The…

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