We have crunched the numbers and analyzed the data in the Orlando real estate market for you. Here is your look for June! Summer is here and the market is HOT! Or is it?
Selling during the summer months is an opportune time to get the most buyers in front of your listing. And this summer is no different, there are more sales happening now than last year at the same time and the market values increased a as well. However, keep your eye on the pending sales and number of homes for sale. The pending sales are down and the inventory is up. As I’ve said in the past these are signs of a shifting market. It is very rare to be in a balanced market. It is usually a seller’s market or a buyer’s market. In the last few years it has been unequivocally a seller’s market. At the moment, it feels pretty balanced bordering on a buyer’s market. Buyers are able to negotiate a little more and seller’s aren’t getting as many showings or offers. But just because you may not get multiple offers doesn’t mean you won’t get the highest possible price. In fact, the average sales price in Orlando is at an 11 year high. If you have been thinking of selling and want to get top dollar, summer is here. Contact us today 407-494-2820 or use the form to get started while the prices are at the top.
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