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.
We hope our monthly Central Florida real estate market updates (including our May 2015 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.
A slight rise in home mortgage rates didn’t stand in the way of a continued surge in June for the Central Florida residential real estate market. The average median price for Osceola, Orange, Lake and Seminole counties in June was $179,850, nearly 10 percent above what was recorded the same month last year and 2 percent above May.
The only bleak spot in the market was the fact that the average home loan interest rate crossed the 4 percent mark for the first time this year.
June’s average rate of 4.08 percent was up more than a quarter of a point from January’s average rate of 3.67 percent.
