2023 is here and so are the latest real estate market stats for this year.
A question on the minds of many right now is probably something like, "What's been taking place in the real estate market in this new year?"
And, today we're sharing with you the first stats of 2023 as they relate to the Central Florida real estate market, which may include YOUR home. 🏠
- Active Inventory: 5,675 which is up 133.3% from January 2022
- Pending Inventory: 3,459 which is down 20.6% from January 2022
- Median Sales Price: $415,000 which is up 6.4% from January 2022 and holding steady over the last number of months
- Median Time to Contract: 41 days which is up 310% from January 2022
- Closed Sales: 1,583 which is down 37.1$ from January 2022
- Cash Sales: 428 which is down 47.5% from January 2022
- Months Supply of Inventory: 2.1 months which is up 200% from January 2022
Please don't hesitate to reach out with any questions you may have related to this real estate market update or any questions you have... we're always here to serve as your trusted real estate advisor.
You can contact us at 407.847.5428 today.
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