We have crunched the numbers and analyzed the data in the Orlando real estate market for you.  Here is your look at August!  My preferred method for reading the market news is over a great cup of coffee.  How about you?

Is the Orlando Real Estate Market Slowing?

The number of homes sold last month is about the same as last year at this time.   Pending sales are down and prices have become stagnant.  The appreciation rate has slowed to 6.82%.  That means the prices are 6.82% higher this year than last year.  This is still higher than the average appreciation rate of 3-5%, but it is slowing.

What does that mean?

The last time the market appreciation rate slowed and prices started to level off, the market shifted.  This is a natural process of market correction and there is no need to overthink it.  Just know that things are slowing and that means as new listings come on the market, you may see more homes selling for less than asking for a change and the days on market may get longer.

Download the PDF to learn more about if you should wait to make a move.

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