Forget a sea view mansion. CnnMoney.com reports in Hong Kong, parking spaces are some of the hottest properties on the market.

Hong Kong is a densely populated city and eager have pushed prices for parking spaces to record highs in recent months with prime spaces now selling for far more than the luxury cars that park in them.

In May, a single space in a residential neighborhood on Hong Kong Island went for 4.24 million Hong Kong dollars ($547,000), making it the most expensive parking space ever sold in the territory.

Knowing what mere parking spaces are selling for in Hong Kong certainly puts our own real estate market into perspective.

Take a look at September’s real estate sales statistics.

Orlando FL Real Estate Market Trends – September 2014

Orange County saw 214 more homes sold in Sept 2014 than Sept 2013, a 14.7 percent decrease. The average sales price increased by 16.9 percent and the median sales price increased by 15.5 percent from Sept 2013.  Market times increased by 9 days or 17.6 percent.

Osceola County Real Estate Sales Statistics – September 2014

Osceola County home sales increased by 121 homes, a 27.2 percent increase. Prices increased with the average sales price up 11.5 percent and the median price increased by 11.1 percent.  Market Times increased by 5 days compared to Sept 2013.

Seminole County Real Estate Sales Statistics – September 2014

Seminole County residential sales increased by 10.3 percent with 60 more homes sold in Sept 2014 compared to Sept 2013. The average sales price decreased 3.6 percent and the median price increased by less than 1 percent. Market times increased by 3 days.

Lake County Real Estate Sales Statistics – September 2014

Residential sales in Lake County increased in Sept 2014 with 71 additional homes sold, a 16.3 percent increase. The average sales price decreased by 2.1 percent, and the median sales price increased by 10.3 percent for the month compared to Sept 2013.  Market times decreased by 19 days.

Polk County Real Estate Sales Statistics – September 2014

Polk County saw 12 additional homes sold in Sept 2014 compared to Sept 2013, a 1.7 percent increase.  The average sales price increased 3.1 percent, and the median sales price increased by 7.5 percent.  Market times dropped 4 days.

It’s still a great time to get your best price on an Orlando home.  Discover the value of your home.

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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