Dream Builders Realty shares the most up-to-date information regarding the Central Florida real estate market every month. We do this for you, the home buyer or seller, to provide you with insight on what is happening in the local market. We hope you'll use this information as a starting point in your next big real estate adventure!
We hope our monthly Central Florida real estate market updates (including our market update from July 2015), where you can compare the previous month's numbers to this month's numbers, help with your real estate needs when it comes to buying or selling your next home in Central Florida.
The average median home price for Osceola, Orange, Lake, and Seminole counties in August was $180,920, an increase of almost 10 percent from August 2014. Another thing to consider is the fact that the average interest rate paid by Central Florida homebuyers in August decreased to 3.96 percent from 3.98 percent in July.
There are currently 12,602 active listings in Central Florida, giving buyers a good number of homes to choose from. Having such a large number of homes on the market provide housing for Central Florida’s growing population and is also considered a signal for overall economic strength in the region—a good sign for everyone.