Central Florida real estate market is still steady as she goes and strong. According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for January 2012 was 13.8% higher than January 2011. The median price for January 2012 was $108,000 and for January 2011 was $94,900. Our current inventory levels dropped again to 9,258. Current inventory levels have dropped 35.7% compared to January 2011. There is a 5.52 month supply of inventory. A 5 to 6 month supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, now is the time to buy Central Florida real estate! Click Here to read the full report.
Great news in the Central Florida real estate market. According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for December 2011 was 12.38% higher than December 2010. The median price for December 2011 was $118,000 and for December 2010 was $105,000. Since January this year, Orlando areas median price has increased by 24.34%. Our current inventory levels dropped again to 9,732. Current inventory levels have dropped 35.09% compared to December 2010. There is now only a 4.58 months supply of inventory. A 5 to 6 month supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, it’s a great time to buy Central Florida real estate! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for November 2011 was 9.52% higher than November 2010. The median price for November 2011 was $115,000 and for November 2010 was $105,000. Since January this year, Orlando areas median price has increased by 21.18%. This is a great sign towards a more stabilized market. Our current inventory levels were at 10,136 for November 2011. Current inventory levels have dropped 33.28% compared to November 2010. There is now a 5.2 months supply of inventory. A 5 to 6 month supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, it’s a great time to buy Central Florida real estate! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for October 2011 was 7.33% higher than October 2010. The median price for October 2011 was $112,700 and for October 2010 was $105,000. Since January this year, Orlando areas median price has increased by 18.76%. This is a great sign towards a more stabilized market. Our current inventory levels rose for the first time in 15 months by only 42 properties, but still remain under 10,000. These are inventory levels not seen since 2005. We are now at 9,973 properties on the market or a 4.82 months supply. A 5 to 6 month supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, it’s a great time to buy Central Florida real estate! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for September 2011 was 9.52% higher than September 2010. The median price for September 2011 was $115,000 and for September 2010, it was $105,000. We stayed the same for August ’11 to September ’11 in our median price, but for three months in a row, we are higher than the previous years median price. This is a great sign at seeing our prices hitting bottom. Our current inventory levels have dropped again and are at the lowest levels since 2005. We have seen this inventory reduction trend over the past 15 months. We are now at 9,931 homes on the market or a 4.83 months supply. A 6 months supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, we continue experiencing multiple offer situations on many deals. It’s a great time to buy Central Florida real estate! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price for August 2011 increased by 21.18% since January 2011 and 15.12% higher than August 2010. The median price for August 2011 was at $115,000. Our current inventory levels have dropped again and are at the lowest levels since 2005. We have seen this inventory reduction trend over the past 14 months. We are now at 10,055 homes on the market or a 4.29 months supply. A 6 months supply is a good balance between buyers and sellers. With home inventory at this level and interest rates at historic lows, we’re experienceing multiple offer situations on many deals. It’s a great time to buy Central Florida real estate! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price increased by 23.3% since January 2011 and 7.6% higher than July 2010. The median price for July 2011 is now at $117,000. Our current inventory levels have dropped again and are at the lowest levels since 2005. We have seen this inventory reduction trend over the past 13 months. We are now at 10,349 homes on the market or a 4.82 months supply. A 6 months supply is a good balance between buyers and sellers. With the home inventory at this level and interest rates remaining low, we’re experienceing multiple offer situations on many deals. It’s a great time to buy! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price remained the same as May 2011 at $110,000. We also remain at 4.35% below previous year, June 2010 median price. This is great news for our current recovery! The median price of ’Traditional/Normal’ sales in June 2011 increased over May 2011 to $158,000 from $155,000. ’Short Sales’ median price dropped slightly at $99,000 and foreclosures/bank owned properties came in slightly higher than May 2011 at $80,310. More great news, is that our current inventory levels have dropped again and are at the lowest levels since December 2005. We have seen a great trend for the past 12 months of inventory reduction. We are now at 10,559 homes on the market or a 4.37 months supply. A 6 months supply is a good balance between buyers and sellers. With the home inventory at this level, we’re beginning to experience multiple offer situations on many deals. With interest rates at historic lows and pricing this low, it’s a great time to buy! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price increased again for four months running to $110,000 for May 2011. We’re only 4.35% below previous year, May 2010 median price. This is great news for our current recovery! The median price of ’Traditional/Normal’ sales in May 2011 was $155,000. ’Short Sales’ median price was at $102,900 and foreclosures/bank owned properties came in at $80,000. More great news, is that our current inventory levels have dropped again and are at the lowest levels since December 2005. We have seen a great trend for the past 11 months of inventory reduction. We are now at 10,969 homes on the market or a 4.63 months supply. A 6 months supply is a good balance between buyers and sellers. With the home inventory at this level, we’re beginning to experience multiple offer situations on many deals. With interest rates at historic lows and pricing this low, it’s still a great time to buy! Click Here to read the full report.
According to the Orlando Regional Realtor Association (ORRA), the Central Florida real estate median home price increased again for three months running to $105,000 for April 2011. The median price of ’Traditional/Normal’ sales was $160,000. ’Short Sales’ median price was at $91,000 and foreclosures/bank owned properties came in at $80,000. More great news, is that our current inventory levels have dropped again and are at the lowest levels since December 2005. We have seen a great trend for the past 10 months of inventory reduction. We are now at 11,480 homes on the market or a 4.81 months supply. A 6 months supply is a good balance between buyers and sellers. With the home inventory at this level, we’re beginning to experience multiple offer situations on many deals. With interest rates at historic lows and pricing this low, it’s still a great time to buy! Click Here to read the full report
