Essentially, these monthly market updates are a way to provide home buyers and sellers with insight on what is happening in the real estate market in our area. When it comes to buying or selling a home in Central Florida, there are many factors that play into when you might want to list your home (or start looking for a home) and at what price you want to list or buy at. By using this information as a starting off point, 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 October 2014 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 increased by $6,476 compared to last month, coming in at $162,239 for November 2014. While in October the average sales price took a dive, this month the numbers have rebounded. Prices continue to hold steady, as well as the number of available homes, currently with 13,910 active homes on the market in Central Florida.