The Latest Numbers From the Orlando Real Estate Market

How is the Orlando real estate market doing in 2017? Overall, our market is still going strong, but there are a couple of things that you should know.

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The Orlando real estate market is going strong. Since last year, the overall median price is up by 12%, currently resting at $207,900. Condos are also up by 15%. Foreclosures and short sales continue to fall. In fact, the majority of sales in our market right now are normal sales.

Overall, we have a very healthy market.

That said, inventory is down by 11%. There are still more buyers in the market than there are sellers. If you are thinking of selling your home, please reach out and we can give you a comprehensive idea of how to price your home in order to best meet your real estate goals. Inventory is very low in our market and interest rates have gone up to 4.3%. Still, overall we have a very healthy market. If you have any questions, please feel free to reach out to us. We would be happy to help you!

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