Orlando Real Estate Sales Statistics for August 2015

Orange County Real Estate Sales Statistics – August 2015

Orange County saw 246 more homes sold in August 2015 than August 2014, a 14.77% increase. The average sales price increased by 9.21% and the median sales price increased by 11.43% from August 2014.  Market times rose by 1 day.

Osceola County Real Estate Sales Statistics – August 2015

Osceola County home sales increased by 29.28%. Prices increased with the average sales price up 9.83% and the median price increased by 12.37%.  Market times increased by 26 days compared to August 2014.

Seminole County Real Estate Sales Statistics – August 2015

Seminole County residential sales increased 10.43% with 71 more homes sold in August 2015 compared to August 2014. The average sales price increased by 3.86% and the median price increased by 7.95%. Market times dropped by 5 days.

Lake County Real Estate Sales Statistics – August 2015

Residential sales in Lake County increased in August 2015 with 19 more homes sold, a 3.55% difference. The average sales price increased by 5.24%, and the median sales price increased by 6.3% for the month compared to August 2014.  Market times decreased by 9 days or 9.78%.

Polk County Real Estate Sales Statistics – August 2015

Polk County saw 81 more homes sold in August 2015 compared to August 2014, a 18.4% increase.  The average sales price increased 10.31%, and the median sales price increased by 5.65%.  Market times dropped by 1 day.

Think you’re ready to buy?

Watch this short video to get advice on how to know when you’re ready to buy and find out what you need to get a competitively-priced loan.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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The National Association of Realtors (NAR) recently released their July edition of the Housing Affordability Index. The index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and income data. NAR looks at the monthly mortgage payment (principal & interest) which is determined by the median sales price and mortgage interest rate at the time. With that information, NAR calculates the income necessary for a family to qualify for that mortgage amount (based on a 25% qualifying ratio for monthly housing expense to gross monthly income and a 20% down payment).

Here is a graph of the income needed to buy a median priced home in the country over the last several years:

And the income requirement has accelerated even more dramatically this year as prices have risen:

Bottom Line

Some buyers may be waiting to save up a larger down payment. Others may be waiting for a promotion and more money. Just realize that, while you are waiting, the requirements are also changing.

Things To Do Orlando:  Cake and SugarCraft Fair

The Cake and SugarCraft Fair is a three day, international expo showcasing the cake industry. The fair is open to the public and features demonstrations, competitions, a sugar arts fashion show, classes and much more. The famous Buddy Valastro from TLC’s highly related reality show “Cake Boss” is set to make an appearance. Registration for classes and admission is available now.

WHEN:  September 18, 2015 – September 20, 2015
WHERE:  Orange County Convention Center
COST:  Full day ticket $19.95

Visit the Event Website for more information.

Information courtesy of Orlando Real Estate Expert Teri Isner and the Orlando Avenue Top Team.

Access Teri’s one-stop Orlando FL home search website. Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale. You deserve professional real estate service!

You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Things To Do Orlando:  The Orlando Fall Home & Garden Show

 Don’t miss your opportunity to turn your home and garden dreams into reality! The entire Orange County Convention Center will be completely transformed, for one weekend only, into a Home and Garden Extravaganza. From the front door to the backyard you’ll find it all at the Orlando Fall Home & Garden Show.

We can help you get your Projects Solved! With thousands of square feet of exhibits you’ll find the latest in products and services for everything from builders, contractors, materials, decks, pools, spas, entertainment systems, storage, plants, landscape displays/materials, kitchenware, and much more.

WHEN:  September 11, 2015 – September 13, 2015
WHERE:  Orange County Convention Center
COST:  $9

Visit the Event Website for more details.

Information courtesy of Orlando Real Estate Expert Teri Isner and the Orlando Avenue Top Team.

Access Teri’s one-stop Orlando FL home search website. Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale. You deserve professional real estate service!

You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Things To Do Orlando: Orlando’s Magical Dining Month

Satisfy your craving for haute cuisine during Visit Orlando’s 10th Anniversary Magical Dining Month, a culinary celebration sure to please your palate and wallet. This fall, select Central Florida restaurants will offer three-course, prix fixe dinners for only $33. Indulge your inner gourmet with an appetizer, entree and dessert at a variety of trendy bistros and upscale dining destinations. One dollar from each meal will be donated to this year’s charity, Elevate Orlando.

WHEN: August 24, 2015 – September 30, 2015
WHERE:  Select Orlando Restaurants
COST: $33

Visit the Event Website to browse restaurant and for more details.

Information courtesy of Orlando Real Estate Expert Teri Isner and the Orlando Avenue Top Team.

Access Teri’s one-stop Orlando FL home search website. Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale. You deserve professional real estate service!

You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Take a look at Orlando FL Real Estate Market Trends for July 2015.

Orange County Real Estate Sales Statistics – July 2015

Orange County saw 256 more homes sold in July 2015 than July 2014, a 13.09% increase. The average sales price increased by 6.25% and the median sales price increased by 7.88% from July 2014.  Market times rose by 3 days or 5.17%.

Osceola County Real Estate Sales Statistics – July 2015

Osceola County home sales increased by 17.86%. Prices increased with the average sales price up 6.68% and the median price increased by 7.38%.  Market times increased by 5 days compared to July 2014.

Seminole County Real Estate Sales Statistics – July 2015

Seminole County residential sales increased 25.74% with 200 more homes sold in July 2015 compared to July 2014. The average sales price increased by 1.19% and the median price increased by 10%. Market times dropped by 4 days.

Lake County Real Estate Sales Statistics – July 2015

Residential sales in Lake County increased in July 2015 with 130 more homes sold, a 12.42% difference. The average sales price increased by 12.42%, and the median sales price increased by 9.27% for the month compared to July 2014.  Market times decreased by 10 days or 111.24%.

Polk County Real Estate Sales Statistics – July 2015

Polk County saw 143 more homes sold in July 2015 compared to July 2014, a 18.4% increase.  The average sales price increased 9.05%, and the median sales price increased by 12.05%.  Market times dropped by 12 days.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

It may be Orlando’s theme parks that bring millions of visitors to our city every year. But there are numerous free parks, museums, gardens, events, festivals and places to visit that won’t break the budget. Here is a list of all of the free things to do in Orlando.

Museums and Art

• The Cornell Fine Arts Museum, on the campus of Rollins College, includes the works of Henri Matisse, Pablo Picasso and Thomas Moran, among others. Free admission with any valid student ID.
• The Charles Hosmer Morse Museum of American Art inlcudes one of the world’s most impressive collections by Louis Comfort Tiffany. Free Fridays between 4 pm and 8 pm November through April.
• The Zora Neale Hurston National Museum of Fine Arts displays creative works of other artists of African descent. Donations are accepted.
• The Holocaust Memorial Resource and Education Center of Florida presents an overview of the history of the Holocaust and serves as a memorial to victims. Donations are accepted.
• The Winter Park Historical Museum houses a photo timeline of the history of Winter Park and features changing themed exhibits.
• CityArts Factory is an eclectic collection of art galleries in downtown Orlando showcasing local and international artists. Free admission Tuesday through Saturday from 11 a.m. to 6 p.m.
• The Grand Bohemian Gallery has two locations in downtown Orlando and Celebration featuring a variety of art, including jewelry, glass and sculpture.
• The Enzian Theater/Eden Bar in Maitland offers a weekly Wednesday Night Pitcher Show every Wednesday, as long as the weather is good.

Gardens and Parks

• Black Hammock Adventures on Lake Jessup offers free live alligator and bird exhibits. There is a deck party at the Lazy Gator Bar Friday and Saturday night to listen to free, live music.
• Harry P. Leu Gardens offers free admission from 9 a.m. to 5 p.m. on the first Monday of every month.
• Kraft Azalea Gardens is a 5.22-acre public garden and is located on the shore of Lake Maitland. It is open all year from 8 a.m. until dusk. Lakefront, secluded and unique, Kraft Azalea is Winter Park’s secret garden!
• University of Central Florida’s Arboretum is home to more than 600 plant species on an 80-acre property. Visitors can walk through a self-guided tour to view an impressive number of native plant species.
• The Winter Park Farmer’s Market is held from 7 a.m. to 1 p.m. every Saturday. Local vendors and farmers sell their homemade and homegrown specialties, including fruits, vegetables, organic produce, baked goods and more.
• Lake Eola Park is a 43-acre recreational area in the heart of downtown Orlando. Visitors can picnic along the shore, enjoy one of the many free concerts at the amphitheater, feed the resident swans or stop by the farmer’s market on Sundays.
• Fort Christmas Historical Park is a little slice of old Florida. Visit the fort, the historical homes on site and the gift shop.
• Big Tree Park in Sanford features 11 acres of natural vegetation and wetlands.
• Camp out and roast marshmallows with Disney characters Chip n’ Dale at Disney’s Fort Wilderness Resort for free. The evening sing-a-long around the campfire includes a viewing of a Disney movie. Starts at 7:30 p.m.
• Ocala National Forest is the second-largest National Forest in Florida and the oldest National Forest East of the Mississippi River.
• The World of Orchids is a conservatory containing natural exhibits with flowers from Southeast Asia, Indonesia, Australia, and the South and Central Americas.

Food and Wine

• Lakeridge Winery & Vineyards which sits on 80 breathtaking acres just north of Orlando, offers free tours, tastings and many free festivals and events.
• The Orlando Brewing Company near downtown Orlando is the only organic brewery and tap room in the Southeast and one of only 10 in the United States. Each weekend, there are free brewery tours, free Wi-Fi and free live entertainment.

Other

• Fleaworld is the largest flea market in the United States, boasting over 1,700 vendors.
• The Children’s Library offers a variety of events, depending on the day and time of year, including special readings, arts and crafts, family movie nights, board games, and musical events.
• Popcorn Flicks is a series of outdoor movies starting at 8 p.m. throughout the summer in Winter Park.

Orlando Events Calendar

Information courtesy of Orlando Realtor Teri Isner.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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