Kaylee Messina, REALTOR®Messina Luxury GroupIron Valley Real Estate Central FloridaOctober 2023 Good news for buyers and sellers in Orlando! Currently, there are 2.89 Months
🏠📊 Orlando, FL 32819 - October 2023 Market Trends Update
Dated: November 8 2023
Kaylee Messina, REALTOR®
Messina Luxury Group
Iron Valley Real Estate Central Florida
Good news for buyers and sellers in Orlando! Currently, there are 2.89 Months Supply of Inventory, indicating a healthy real estate market. This means there is a balance between supply and demand, providing opportunities for both buyers and sellers.
Over the last 12 months, the Months Supply of Inventory has increased by +75.15%. This indicates a slight increase in available properties, giving buyers more options to choose from. Sellers, it's essential to price competitively and showcase your home's unique features to stand out in the market.
The List to Sold Price percentage stands at an impressive 97%. This means that homes in Orlando are selling close to their list price, highlighting the strong demand and value in the market.
Looking for a quick transaction? The median days on market is only 11 days! This demonstrates the high demand for homes in Orlando, and buyers should act swiftly when they find a property that meets their needs. Sellers, this is an excellent opportunity to sell your home efficiently.
Lastly, the median sold price in Orlando is $482,500. This provides a benchmark for buyers and sellers to understand the current market value of homes in the area. Sellers, it's important to consider this when determining your listing price, and buyers, this can guide your budget planning.
For expert guidance and personalized assistance navigating Orlando's real estate market, contact me, Kaylee Messina, your trusted REALTOR® at Iron Valley Real Estate Central Florida.
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As a graduate from the University of Central Florida, Kaylee exceeds expectations in her ability to navigate the in and outs of Orlando as well as form and nurture authentic relationships, making find....