Home Neighborhoods Orlando Orlando Regional Realtor Association released their March numbers

Orlando Regional Realtor Association released their March numbers

-

Sold Home For Sale Sign in front of Beautiful New Home.

According to the Orlando Regional Realtor Association (Website) the number of home sale transactions saw a 25 percent increase last month compared to the same time last year.

The median price for homes during March was the highest since October 2008 ($177,500 vs. $160,000), and the number of sales was the highest since June 2010.

ORRA president attributes the rise in sales to the current low interest rate, increases in available inventory and a healthy local economy.

Homes of all types spent an average of 79 days on the market and sold for 97.27 percent of their listing price.

To see more detailed reports and statistics, click HERE.

 

 

Become a Bungalower Buddy

Our award-winning local news website stays in business because of readers, like you. Support us by becoming a Bungalower Buddy today.

Brendan O'Connorhttps://www.brendanoconnor.me/
Editor in Chief of Bungalower.com

1 COMMENT

  1. Historically low interest rates and rising rental costs make it a good time for non-homeowners to check out their options!

Have something to say? Type it below. Holding back can give you pimples.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sold Home For Sale Sign in front of Beautiful New Home.

According to the Orlando Regional Realtor Association (Website) the number of home sale transactions saw a 25 percent increase last month compared to the same time last year.

The median price for homes during March was the highest since October 2008 ($177,500 vs. $160,000), and the number of sales was the highest since June 2010.

ORRA president attributes the rise in sales to the current low interest rate, increases in available inventory and a healthy local economy.

Homes of all types spent an average of 79 days on the market and sold for 97.27 percent of their listing price.

To see more detailed reports and statistics, click HERE.