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Orlando Real Estate Market Trends from July 2016

August 18th, 2016 by tisner

houses

Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin.

What’s more, 58 percent of home owners believe sellers have more power than buyers in the market right now. Redfin researchers note this is nearly the highest level of seller confidence they’ve recorded.

Take a look at how many sellers successfully sold their homes in July…

Orlando Real Estate Sales Statistics

Orange County Real Estate Sales Statistics – July 2016

Orange County home sales decreased by 6.26%. Prices increased with the average sales price up 8.59% and the median price increased by 15.9%.  Market times decreased by 3 days compared to July 2015.

Orange
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
July 2016 1946 $262,203 $225,000 58
July 2015 2076 $241,470 $194,125 61

Osceola County Real Estate Sales Statistics – July 2016

Osceola County home sales decreased by 7.82%. Prices increased with the average sales price up 10.67% and the median price increased by 17.83%.  Market times increased by 4 days compared to July 2015.

Osceola
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
July 2016 613 $203,996 $185,000 73
July 2015 665 $184,328 $157,000 69

Seminole County Real Estate Sales Statistics – July 2016

Seminole County home sales decreased by 8.25%. Prices increased with the average sales price up 12.43% and the median price increased by 12.82%.  Market times decreased by 8 days compared to July 2015.

Seminole
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
July 2016 845 $250,187 $220,000 43
July 2015 921 $222,518 $195,000 51

Lake County Real Estate Sales Statistics – July 2016

Residential sales in Lake County home sales decreased by 9.08%. Prices increased with the average sales price up 10.08% and the median price increased by 9.09%.  Market times decreased by 14 days compared to July 2015.

Lake
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
July 2016 601 $200,216 $180,000 66
July 2015 661 $181,887 $165,000 80

Polk County Real Estate Sales Statistics – July 2016

Polk County home sales increased by 2.70%. Prices increased with the average sales price up 13.6% and the median price increased by 14.81%.  Market times decreased by 7 days compared to July 2015.

Polk
County
Homes
Sold
Average
Sales Price
Median
Sales Price
 Average
Market Time
July 2016 989 $161,931 $155,000 69
July 2015 963 $142,550 $135,000 76

 

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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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