November 2014 Market Report

The Orlando real estate market is definitely looking stronger this year during the holidays compared to last year. Looking at Nov 2014 compared to Nov 2013, the market is up 16.74% according to My Florida Regional MLS Stats. The average home shows and increase of 7% compared to this time last year. The average sold price is $217,584 compared to $203,347. The homes that are in the greatest desired category seemingly are single family 3 bedroom homes between $150,000 and $199,999.

In the Osceola real Estate market the sold dollar volume has increased 16.53% since last year same time according to the My Florida Regional MLS stats. The average sold price is up 6% from last year which means that the average sold price is not $186,372 compared to last year at $175,822. The homes that are more desired are single family 3 bedroom homes between $150,000 and $199,999 which is the same as homes in Orlando County.

The average days on market is between 31-60 days in both Osceola and Orange County. So if you are looking to list your home, now is a pretty good time... Buyers need the inventory and Sellers and ready to move on to their next chapter with probable profit.

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