Once again we can see an overall improvement in the market conditions in the Orlando Area, some of the most relevant statistics are:
- Median Home Price has risen 18.8% since January 2011
- Home inventory is the lowest since 2005, with only a 4.8 month supply of homes
- Foreclosure sales are down 38.5% and the median price of a foreclosure rose up to 13.5 relieving some of the downward pull on home prices.
Well, in the real estate market we’ve had any good news/indicators are welcome!
This introduces a pleasingly riatnaol point of view.