Thursday, May 15, 2014

Orlando Housing Market Report: April 2014

Read all about Orlando Real Estate Statistics for April 2014.  The median Orlando home price is up 13% to $163,000 over last year.  Inventory is growing to a 4.05 month supply which is getting back to normal levels.  Prices have been going up for 33 months is a row now at 40%.  Interest rates are still very low!  Normal sales are 70% of the market, while 30% consists of distressed properties, which overall is decreasing.  Condo sales have dipped 18.69%.  New construction is booming in Central Florida.  To find the best homes for your budget, contact Buyers Brokers of Florida to find your next Orlando Home.