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Orlando Real Estate Market Trends for August 2016

September 23rd, 2016 by tisner

21687155 - tools in belt of worker

Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic.com, lets you know which projects need a seasoned hand and a beginner can undertake.

Take a look at how many families decided to become homeowners in our local market in August…

Orlando Real Estate Sales Statistics

Orange County Real Estate Sales Statistics – August 2016

Orange County home sales increased by 2.08%. Prices increased with the average sales price up 9.74% and the median price increased by 11.28%.  Market times decreased by 10 days compared to August 2015.

Orange
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
August 2016 2010 $258,676 $217,000 50
August 2015 1969 $235,714 $195,000 60

 

Osceola County Real Estate Sales Statistics – August 2016

Osceola County home sales decreased by 4.92%. Prices increased with the average sales price up 8.65% and the median price increased by 10.12%.  Market times decreased by 8 days compared to August 2015.

Osceola
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
August 2016 619 $206,385 $185,000 68
August 2015 651 $189,949 $168,000 76

 

Seminole County Real Estate Sales Statistics – August 2016

Seminole County home sales increased by 5.92%. Prices increased with the average sales price up 11.9% and the median price increased by 15.49%.  Market times decreased by 5 days compared to August 2015.

Seminole
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
August 2016 805 $247,122 $220,000 46
August 2015 760 $220,850 $190,500 51

 

Lake County Real Estate Sales Statistics – August 2016

Residential sales in Lake County home sales increased by 15.37%. Prices increased with the average sales price up 14.19% and the median price increased by 13.12%.  Market times decreased by 12 days compared to August 2015.

Lake
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
August 2016 653 $204,837 $189,990 72
August 2015 566 $179,386 $167,950 84

 

Polk County Real Estate Sales Statistics – August 2016

Polk County home sales increased by 17.2%. Prices increased with the average sales price up 10.55% and the median price increased by 12.98%.  Market times decreased by 21 days compared to August 2015.

Polk
County
Homes
Sold
Average
Sales Price
Median
Sales Price
 Average
Market Time
August 2016 1056 $162,336 $155,000 65
August 2015 901 $146,841 $137,194 86

 

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

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