Orlando, FL June 2023 Market Trends
๐ก Attention home owners in Orlando, Florida! ๐ด As a REALTOR® with LPT Realty LLC, I'm here to provide you with the latest market trends for June 2023. Let's dive in and keep you informed! ๐ช
๐ Did you know that there is currently a 1.73 Months Supply of Inventory in Orlando? ๐ Over the last 12 months, we've seen a significant increase of +41.8% in the Months Supply of Inventory. This indicates a shift towards a more balanced market, making it a great time to consider selling your home! ๐
๐ฐ When it comes to selling, the List to Sold Price percentage is a crucial factor. In Orlando, we're seeing an impressive 98.1% List to Sold Price percentage. This means sellers are getting close to their asking price, maximizing their return on investment. ๐ต
โฐ Time is of the essence! The median days on market in Orlando is just 13 days. This indicates a high demand for homes, and buyers are acting fast. If you're thinking about selling, it's essential to have a proactive strategy in place to attract and capture these motivated buyers. โณ
๐ฒ Wondering about the current market value of your home? The median sold price in Orlando is $394,500. This figure represents the midpoint of all home sales in the area, showcasing the overall market health. It's crucial to price your home competitively to attract buyers and ensure a smooth and successful sale. ๐ช
๐ So, whether you're ready to make a move or simply curious about the current market trends, I'm here to help! Reach out to me, Tamara Waters, your trusted REALTOR®, for personalized guidance and support throughout your selling journey. Let's navigate the Orlando real estate market together! ๐
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