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Central Florida Real Estate Market Update - May 2017 [Infographic]

Posted by Tim Weisheyer on Jun 1, 2017 11:13:00 AM

Central-Florida-Real-Estate-Market-Update-March-2017

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 April 2017 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.

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Central Florida saw an increase in home prices in all four counties (Osceola, Orange, Lake and Seminole), with Osceola County seeing an impressive increase in home prices of 10.2% compared to May 2016. Closed sales were up this month in all counties. Lake County had an increase of 3.3% while Orange, Osceola and Seminole counties saw growth in the double digits. 

These increases show that the real estate market in Central Florida is in full swing during this typically busy season. As summer begins to wrap up, work with your REALTOR® to make sure your home is priced competitively to attract buyers and give you a great return on your investment.

 

Median Sales Price (% change since previous month) 

Orange - $235,000 (+1.3%)
 
Osceola - $195,000 (0.0%)
 
Seminole - $233,500 (+4.2%)
 
Lake - $200,000 (3.8%)
 
Active Listings (% change since previous month
 
Orange - 4,755 (+0.07%)
 
Osceola - 2,378 (-0.03%)
 
Seminole - 1,360 (+9.7%)
 
Lake - 1,848 (+0.7%)


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Topics: Around Central Florida, Real Estate Market Update

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