🏡📊 Market Update 📊🏡
Orlando, FL 32819
Attention Buyers and Sellers!
Currently, we have a 2.74 Months Supply of Inventory in Orlando. This means that if no new homes were listed, we would run out of available properties in less than three months! However, it's important to note that over the last 12 months, our Months Supply of Inventory has seen a significant increase of 104.48%.
The List to Sold Price percentage stands at an impressive 97.9%. This indicates that sellers are achieving a high percentage of their asking price, which is great news for those looking to sell their homes.
Median days on market is just 15 days. Homes in Orlando are selling quickly, indicating a strong demand from buyers. If you're looking to sell, now might be the perfect time to capitalize on this trend.
The Median Sold Price currently stands at $670,000. This indicates a healthy real estate market in Orlando, with prices steadily increasing.
Whether you're buying or selling, understanding market trends is crucial to make informed decisions. As your trusted REALTOR®, I am here to guide you every step of the way.
Contact me today to discuss your real estate goals and how we can navigate this vibrant market together.
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