It’s that time again, time for an Orlando market update! If you are thinking about selling or buying it’s important to know whats going on in your market, or at least have an agent who does (ahem) !
Just like the last market update, and the one before that (and the one before that), we are very much still in a sellers market here in Central Florida. The good news for sellers is that the average sales price has increased by 10% compared to the same time last year, and sales volume has also increased by 8%!
We also have good news for buyers – the interest rate is sticking around 4.51% which is still a record low in comparison to decades gone by.
If you are thinking about buying or selling in Central Florida let us know! We can help manoeuvre through todays market with confidence.