WHAT'S GOING ON IN ORLANDO?
Orlando Housing Market Activity: May 2019
Orlando's sales head up as summer homebuying season kicks in.
(Released June 2019) Encouraged by continued low interest rates and a favorable economy that is drawing droves of new residents to Orlando, area homebuyers pushed sales into positive territory for the month of May. Home sales jumped by nearly 11 percent compared to May 2018, which is the first year-over-year increase in 2019.
Watch more: May Housing Report (Video)
May BY THE NUMBERS:
Medium Price $243,000 +4%
Sales 3,790 +11%
Pending Sales 5,696 -1%
New Listings 4,471 +2%
New Contracts 3,711 +3%
Months of Supply 2.14 -2%
Dollar Volume $1,098,747,056
Active Listings 8,119 +8%
Days on Market 52 +4%
Working with a REALTOR® who knows how to handle these differences can make or break the purchase or sale of your home. Because of these nuances, it is essential to work with a knowledgeable and trusted professional.
Designations & Certifications:
Realtor® since 05/13/2006
CIPS® Certified International Property Specialist
ABR® Accredited Buyer Representative
SFR® Short Sale & Foreclosure Resource Specialist
AHWD® At Home With Diversity
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