Dream Builders Realty Blog - Tim Weisheyer, P.A.

Central Florida Real Estate Market Update - November 2016 [Infographic]

Written by Tim Weisheyer | Dec 14, 2016 11:51:08 PM

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 October 2016 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.

The average median home price for Osceola, Orange, Lake, and Seminole counties in October was $200,037, an increase of over 12 percent from this time last year. The average median home price, however, continues to hold steady in comparison to previous months and homes are sitting on the market in Central Florida an average of 60 days.

There are currently 11,026 active listings in Central Florida. With talks of mortgage interest rates rising in 2017, after sitting at record lows for quite some time, now is the time to buy or sell a home.

 
Median Sales Price (% change since previous month) 

Orange - $215,000 (-0.00%)
 
Osceola - $184,990 (-2.63%)
 
Seminole - $207,000 (-6.55%)
 
Lake - $193,250 (+7.36%)
 
Active Listings (% change since previous month
 
Orange - 5,020 (-3.52%)
 
Osceola - 2,515 (-1.25%)
 
Seminole - 1,369 (-7.69%)
 
Lake - 2,122 (+0.95%)