July 2023, Orlando, FL Market Update
🏡📈 Market Update for Orlando, Florida 📅 July 2023
🌟 Hi there, Orlando! It's Tamara Waters, your trusted REALTOR® from LPT Realty LLC, bringing you the latest market trends. Let's dive right into it! 🌟
📊 Did you know that we currently have a 1.82 Months Supply of Inventory? That means we have fewer homes available, indicating a competitive market for both buyers and sellers. 🏡✨
✨ Looking back at the past 12 months, we've seen a 30% increase in Months Supply of Inventory. This tells us that demand is on the rise, making it an opportune time to make a move in the housing market. 📈🔥
💰 In terms of pricing, the List to Sold Price percentage is an impressive 98.3%! This means that sellers are getting closer to their asking price, showcasing the strength of the Orlando market. 💯✨
⏳ Homes are also selling quickly, with a median days on market of just 13 days. This indicates a high demand for properties, so acting fast is crucial for buyers and sellers alike. ⚡️🔑
💵 Lastly, the median Sold Price stands at $390,000. This gives us a snapshot of the average price in Orlando, allowing you to gauge the value of your property or the potential cost of your dream home. 💼🏠
📚 Whether you're a buyer or a seller, these market trends provide valuable insights into the current real estate landscape. If you're considering a move, I'm here to guide you every step of the way. Let's chat! 🗣️💙
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