Each month, Dream Builders Realty shares the most up-to-date information regarding the Central Florida real estate market. These numbers are beneficial to you as a home buyer or seller because they provide insight on what is happening in the local market and can be used as a starting off point in your next big real estate adventure. Our intentions are that you will be more prepared when it does come time to talk with a Realtor®.
We hope our monthly Central Florida real estate market updates (including our January 2015 real estate market update) help with your real estate needs when it comes to buying or selling your next home in Central Florida.
In the Orlando region (Orange, Osceola, Seminole and Lake counties) the median sales price rose 3.51 percent since last month, coming in at $161,325 for February 2015. That rise in price continues to be good news for homeowners, however we still caution that with the impending rise of interest rates, potential buyers may find themselves locked out of the market when no longer able to qualify for a home they were once interested in. If you are considering selling your home this year, the sooner you make that decision, the better. There are currently 13,011 active homes on the market in Central Florida, a rising number, giving buyers more homes to choose from.