We have crunched the numbers and analyzed the data in the Orlando real estate market for you.  Here is your look for April!  Spring is in the air today, so enjoy your market news and coffee outdoors!

So is this thing going to shift? No sugar coating it.

What is this market doing? That is the question many people keep asking us. The market feels like it’s going soft but the numbers still show it is a “seller’s market” with only 2.6 months of inventory!

The answer is yes, this market is going to shift. It already has been in certain areas and certain price ranges. Typically we look at months of inventory as an indicator of whether we are in a buyer’s or seller’s market. Under 3 months is considered a Seller’s Market.

We are watching all of the numbers and suspect it will continue to be a pretty strong market due to seasonality as we head into spring and summer. Then it will likely creep into a buyer’s market. The number of listings has been increasing, the number of sales have been decreasing, and the market appreciation rate has been slowing. Supply and demand work together to cause market values to rise and fall. Just two years ago the appreciation rate was around 11.79%, then one year ago it was 5.5% and now it’s only 2.17%. The slowing appreciation rate is an indicator of this gradual change in supply and demand.

Download the PDF toview it larger and see what’s happening in the Orlando area and get started with selling your home this spring. Contact us today 407-494-2820 or use the form.