ORLANDO�median home prices climbed 24% in 2013, as short sales dropped 33% and foreclosures dropped 11%.� Normal sales went up 42% as the Central Florida housing market rebounds better than any other large city in Florida.� Overall, home prices are on the rise which is good news for our economy.
Inventory is up by about 25%�giving the 2014 homebuyer many more homes to choose from, and a variety of communities. ��Florida real estate has always been in demand due to the balmy climate and absence of snow so the perfect weather is a big draw.
Orlando’s median home prices�of about $150,000 will buy a good town home, condo or villa.� Single family homes are priced higher and value varies based on the city, size, year built and location.� There are 4 main counties in Central Florida; Lake, Orange, Seminole and Osceola with each increasing in home demand and sales;�here are some quick facts:
Lake County�is west of the city of Orlando and home to more than 1200 lakes.
Orange County�is the most centrally located with Down town Orlando
Seminole County�is on the east side of town with larger lots and more open space.
Osceola County�is known for investor properties and short term vacation rentals. Whatever your housing needs, Orlando has it all…
If you are thinking of buying a home in Central Florida, please make sure that you contact an�Exclusive�Buyers Agent so that your best interests are protected.
Orlando Home Report submitted by Eve Alexander, Buyers Broker of Florida Jan 2014