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Central Florida Real Estate Market Update - December 2016 [Infographic]

Posted by Tim Weisheyer on Jan 18, 2017 12:42:45 PM

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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. This information can be used as a starting point in your next big real estate adventure!

We hope our monthly Central Florida real estate market updates (including our November 2016 real estate market update, 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.

real estate market update

The average median home price for Osceola, Orange, Lake, and Seminole counties in December was $204,375, an increase of more than 11 percent from this time last year. The average median home price, however, continues to hold steady month over month. In December, there was an increase in closed sales across all four counties, which means we head into the new year with fewer homes for buyers to choose from.

There are currently 10,301 active listings in Central Florida. With fewer homes on the market and mortgage interest rates set to rise in 2017, now is the time for homeowners interested in selling a home to talk to a Realtor®️ to get the ball rolling.

Median Sales Price (% change since previous month) 

Orange - $225,000 (+4.65%)
 
Osceola - $190,000 (+2.71%)
 
Seminole - $215,000 (+3.86%)
 
Lake - $187,500 (-2.97%)
 
Active Listings (% change since previous month
 
Orange - 4,646 (-7.45%)
 
Osceola - 2,370 (-5.76%)
 
Seminole - 1,236 (-9.71%)
 
Lake - 2,049 (-3.44%)
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Topics: Around Central Florida, Real Estate Market Update

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