The Monday Minute market report is out for the Orlando Metropolitan areas of Orange and Seminole County. Each week I take a look at the market from a numbers standpoint and provide the data. A couple of notes that aren’t on the slides that are important to note:

1. Number of Active Days on the Market (ADOM)is now at 26 – homes are starting to go under contract quicker.

2. There were 100 homes that saw a prince INCREASE, which represents a 52% changes from the week prior. This is close to 15% of the market that feels like they can get more for their home than they initially posted. This is offset by 387 homes with a price decrease – that number is only 3% lower than last week and has been showing a steady decline over the last month. There’s good reason for that – homes are selling for 99% of their asking price in the Orlando area.

The median price for a home in the Orlando metro has fallen slightly to $439,000 for a 3/2 home. Homes in that price range are lasting only a few days on the market.

Every neighborhood is different as is every home. If you have been thinking about selling your home or have a question about its value in todays market, give me a shout. An in-home personal evaluation will always provide you a much more accurate assessment than any of the automated tools that seem to be everywhere these days.

#realestate #realestateadvice #orlandorealestate #floridahomes#listingspecialist #listingyourhome