May 21st, 2019 9:49 AM by alan Martin
Real Estate News
According to the Orlando
Regional REALTOR® Association the median price, after 93 months of consecutive
increases, has seen its first decline in April. Although only a 1%
decline, it comes at the beginning of the summer selling season. The
number of homes sold also decreased 2% in April with inventory remaining low. Orlando
only has a 2.38 month supply of homes for sale making this a seller’s
market. The good news is that April has seen a 2% increase of available
homes for sale. Condos have seen the largest rise in inventory with a 20%
increase in condos available for sale in April.
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