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Orlando FL Real Estate Market Trends for August 2014

September 19th, 2014 by tisner

While the number of for sale by owner transactions is on the decline, approximately 9 percent of sellers decide to go it alone and forego outside help from a Realtor®. Typically those that go this route have extenuating circumstances, such as already having a relationship with the buyer (which happened in 40 percent of recent FSBO sales, according to National Association of Realtors® data). However, NAR’s 2013 Profile of Home Buyers and Sellers shows that most sellers benefit from the outside help of a knowledgeable advocate when selling their home. Aside from being experts in the field, Realtors® have the time, know the market and needs of the potential buyers, bring an objective and fresh perspective to the seller, understand the complexity of all of the processes involved, and have the ability to attract qualified buyers.  It’s because of these reasons that sellers using a Realtor® tend to get more for their homes, according to NAR’s report.

Let’s look at how many sellers sold their homes with a Realtor in August.

Orange County Real Estate Sales Statistics – August 2014

Orange County saw 88 fewer homes sold in August 2014 than August 2013, a 5 percent decrease. The average sales price increased by 1.5 percent and the median sales price increased by 4.8 percent from August 2013.  Market times increased by 8 days or 15 percent.

Orange
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
August
201
4
 1,639  $220,453 $175,000 60
August
2013
1,727  $217,139  $166,830 52

Osceola County Real Estate Sales Statistics – August 2014

Osceola County home sales decreased 88 homes, a 14 percent decrease. Prices increased with the average sales price up 9.1 percent and the median price increased by 8.4 percent.  Market Times increased by 5 days compared to August 2013.

Osceola
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
August 2014 479  $173,472  $149,500 63
August 2013 561  $158,977  $137,900 58

Seminole County Real Estate Sales Statistics – August 2014

Seminole County residential sales decreased by 3.6 percent with 26 more homes sold in August 2013. The average sales price increased 4.3 percent and the median price increased by 9.3 percent. Market times increased by 4 days or 7.6 percent.

Seminole
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
August 2014 679  $210,171  $176,000 56
August 2014 705  $201,481  $161,000 52

Lake County Real Estate Sales Statistics – August 2014

Residential sales in Lake County increased with 36 additional homes sold, a 7.2 percent increase. The average sales price increased by 9.9 percent, and the median sales price increased by 12 percent for the month compared to August 2013.  Market times increased by 7 days or 8.1 percent.

Lake
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
August 2014 531  $169,840  $157,000 93
August 2013 495 $154,406  $139,000 86

Polk County Real Estate Sales Statistics – August 2014

Polk County saw 37 additional homes sold in August 2014 compared to August 2013, a 4.8 percent increase.  The average sales price increased by less than 1 percent, and the median sales price increased by 9.2 percent.  Market times dropped 1 day compared to August 2013.

Polk
County
Homes
Sold
Average
Sales Price
Median
Sales Price
 Average
Market Time
August 2014 778  $133,237  $130,000 85
August 2013 769  $132,969  $119,000 86

It’s still a great time to get your best price on an Orlando home.

Teri Isner

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
66 Riley Road
Celebration, Fl 34747

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