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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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Orlando FL Real Estate Market Trends – July 2014

August 29th, 2014 by tisner

Orlando FL Real Estate Market Trends for Orange, Osceola, Seminole, Lake and Polk counties.

Orange County Real Estate Sales Statistics – July 2014

Orange County saw 56 fewer homes sold in July 2014 than July 2013, a 3.1 percent decrease. The average sales price increased by 9.3 percent and the median sales price increased by 10 percent from July 2013.  Market times increased by 7 days or 14 percent.

Orange
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
July
201
4
 1,727  $230,022 $182,000 57
July
2013
1,783  $210,444  $165,000 50

Osceola County Real Estate Sales Statistics – July 2014

Osceola County home sales decreased 31 homes, a 5.6 percent decrease. Prices increased with the average sales price up 3.5 percent and the median price increased by 5.3 percent.  Market Times increased by 20 days compared to July 2013.

Osceola
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
July 2014 520  $174,284  $146,000 75
July 2013 551  $168,353  $138,608 55


Seminole County Real Estate Sales Statistics – July 2014

Seminole County residential sales increased by 2.1 percent with 15 more homes sold in July 2014. The average sales price increased 8.8 percent and the median price increased by 7.6 percent. Market times increased by 4 days or 7.8 percent.

Seminole
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
July 2014 697  $223,048  $183,000 55
July 2014 682  $204,858  $170,000 51

Lake County Real Estate Sales Statistics – July 2014

Residential sales in Lake County decreased with 36 fewer homes sold, a 6.6 percent decrease. The average sales price increased by 5.5 percent, and the median sales price increased by 7.7 percent for the month compared to July 2013.  Market times increased by 4 days or4.3 percent.

Lake
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
July 2014 507  $161,534  $150,900 96
July 2013 543 $153,008  $140,000 92

Polk County Real Estate Sales Statistics – July 2014

Polk County saw 37 fewer homes sold in July 2014 compared to July 2013.  The average sales price increased by less than 1 percent, and the median sales price increased by 4.3 percent.  Market times increased by 6 days compared to July 2013.

Polk
County
Homes
Sold
Average
Sales Price
Median
Sales Price
 Average
Market Time
July 2014 766  $130,387  $120,000 89
July 2013 803  $130,041  $115,000 83

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

Access Teri’s one-stop Orlando FL home shopping 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.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Windermere Florida Real Estate Market Video – August 2014

August 29th, 2014 by tisner

Welcome to your up-to-the-minute August 2014 edition of Market Snapshot for Windermere Florida compliments of Teri Isner.  This report is personalized with charts including market activity for homes in the 34786 zip code.  Let’s take a look.

Interested in getting a personalized Market Snapshot? Simply visit www.OrlandoAvenue.com, select the Market Snapshot box, and enter the zip code you want to watch.

Information provided by Teri Isner, Orlando Avenue Top Team, Orlando FL Realtors.

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

Get Orlando Daily News delivered to your inbox! Subscribe here!
 

 

Kissimmee Real Estate Market Video – August 2014

August 29th, 2014 by tisner

Welcome to your up-to-the-minute August 2014 edition of Market Snapshot for Kissimmee Florida compliments of Teri Isner.  This report is personalized with charts including market activity for homes in the 34741 zip code.  Let’s take a look.

Interested in getting a personalized Market Snapshot? Simply visit www.OrlandoAvenue.com, select the Market Snapshot box, and enter the zip code you want to watch.

Information provided by Teri Isner, Orlando Avenue Top Team, Orlando Realtors.

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

Get Orlando Daily News delivered to your inbox! Subscribe here!

Celebration Real Estate Market Video – August 2014

August 29th, 2014 by tisner

Welcome to your up-to-the-minute August 2014 edition of market snapshot for Celebration Florida compliments of Teri Isner.  This report is personalized with charts including market activity for single family homes in the 34747 zip code.  Let’s take a look.

Information provided by Teri Isner, Orlando Avenue top Team, Celebration Florida.

Interested in getting a personalized Market Snapshot? Simply visit www.OrlandoAvenue.com, select the Market Snapshot box, and enter the zip code you want to watch.

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

Get Orlando Daily News delivered to your inbox! Subscribe here!

Orlando FL Real Estate Market Trends for June 2014

July 25th, 2014 by tisner

If you sold your primary residence and made a profit, you may be able to exclude that profit from your taxable income. Here’s how it works.

Individuals can exclude up to $250,000 in profit from the sale of a main home (or $500,000 for a married couple) as long as you have owned the home and lived in the home for a minimum of two years. Those two years do not need to be consecutive. In the 5 years prior to the sale of the house, you need to have lived in the house for at least 24 months in that 5-year period. In other words, the home must have been your principal residence.

Just like calculating capital gains, the formula for calculating the gain or loss involves subtracting your cost basis from your selling price.

The formula for calculating your cost basis on your main home is as follows:

Purchase price

+ Purchase costs (title & escrow fees, real estate agent commissions, etc.)

+ Improvements (replacing the roof, new furnace, etc.)

+ Selling costs (title & escrow fees, real estate agent commissions, etc.)

– Accumulated depreciation (for example, if you ever took the office in the home deduction)

= Cost Basis
And then calculating your profit or loss would be:

Selling price

– Cost Basis

     = Gain or Loss

Take a look at how many homes sold in our local Orlando real estate market for June 2014.

Orange County Real Estate Sales Statistics – June 2014

Orange County saw 14 fewer homes sold in June 2014 than June 2013, less than a 1 percent decrease. The average sales price increased by 1.1 percent and the median sales price increased by 1.1 percent from June 2013.  Market times decreased by 7 days or 1.3 percent.

Orange
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
June
201
4
 1,623  $222,574 $177,000 59
June
2013
1,637  $210,540  $158,375 52


Osceola County Real Estate Sales Statistics – June 2014

Osceola County homes saw home sales increased by 86 homes, a 1.8 percent increase. Prices increased with the average sales price up 1 percent and the median price increased by 5 percent.  Market Times decreased by 9 days compared to June 2013.

Osceola
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times 
June 2014 555  $165,954  $148,000 69
June 2013 469  $164,289  $140,000 60

Seminole County Real Estate Sales Statistics – June 2014

Seminole County residential sales increased by 1 percent with 64 more homes sold in June 20June 2014 levels. Market times increased by 5 days or 8 percent.

Seminole
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
June 2014 673  $221,624  $182,000 62
June 2014 609  $202,434  $157,470 57

Lake County Real Estate Sales Statistics – June 2014

Residential sales in Lake County increased with 34 more homes sold, a 6 percent increase. The average sales price increased by 4 percent, and the median sales price increased by 7 percent for the month compared to June 2013.  Market times decreased by 7 days or 7 percent.

Lake
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Time 
June 2014 543  $163,196  $149,900 87
June 2013 509 $155,598  $140,000 94

Polk County Real Estate Sales Statistics – June 2014

Polk County saw 16 more homes sold in June 2014 compared to June 2013.  The average sales price increased by 8 percent, and the median sales price increased by 1 percent.  Market times decreased by 3 days compared to June 2013.

Polk
County
Homes
Sold
Average
Sales Price
Median
Sales Price
 Average
Market Time
June 2014 755  $130,354  $121,000 83
June 2013 780  $120,231  $105,000 86

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

Information provided by Teri Isner, Orlando Avenue Top Team, Keller Williams At The Lakes.

Orlando Housing Market Snapshot for April 2014

May 22nd, 2014 by tisner

This is a great visual of Orlando Housing Market for April 2014 compared to April 2013 created by the Orlando Regional Realtor Association. Bottom line is prices were up in April but the number of sales was down. Higher sales prices are great news for sellers and an indication that buyers should make a move soon before prices go up even higher.

orlando housing market

Wondering what you home is worth? Get a computerized analysis of your home’s value emailed to your Inbox here!

Access Teri’s one-stop Orlando FL home shopping 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.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Orlando FL Real Estate Market Trends – January 2014

March 4th, 2014 by tisner

Take a look at sales figures in our local real estate market for January 2014.

Orange County Real Estate Sales Statistics – January 2014

Orange County saw 81 fewer homes sold in January 2014 than January 2013, a 7 percent decrease. The average sales price increased by 13 percent and the median sales price increased by 14 percent from January 2013.  Market times decreased by 22 days or 19 percent.

Orange
County
Homes Sold Average Sales Price Median Sales Price Average Market Times 
Jan 2014  1,109  $ 208,626 $ 157,500 128
Jan 2013 1,190  $ 181,863  $ 135,000 150


Osceola County Real Estate Sales Statistics – January 2014

Osceola County homes saw home sales decreased by 30 homes, a 7 percent decrease. Prices increased with the average sales price up 10 percent and the median price increased by 13 percent.  Market Times decreased by 12 days or 7% compared to January 2013.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
Jan 2014 397  $ 161,824  $ 140,000 142
Jan 2013 427  $ 146,206  $ 122,000 154


Seminole County Real Estate Sales Statistics – January 2014

Seminole County residential sales decreased by 5 percent with 22 fewer homes sold in January 2014. The average sales price increased by 11 percent, and the median sales price increased by 16 percent compared to January 2014 levels. Market times decreased by 13 days or 9 percent.

Seminole
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
2013 7,123  $ 191,418  $ 156,000 124
2012 6,773  $ 162,665  $ 130,000 149


Lake County Real Estate Sales Statistics – January 2014

Residential sales in Lake County increased with 7 more homes sold a 2 percent increase. The average sales price increased by 5 percent, and the median sales price increased by 5 percent for the month compared to January 2013.  Market times decreased by 34 days.

Lake
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
Jan 2014 395  $ 143,734  $ 126,900 150
Jan 2013 388 $ 137,010  $ 120,000 184


Polk County Real Estate Sales Statistics – January 2014

Polk County saw 45 fewer homes sold in January 2014 compared to January 2013.  The average sales price increased by 9 percent, and the median sales price increased by 10 percent.  Market times decreased by 27 days compared to January 2013.

Polk
County
Homes Sold Average Sales Price Median Sales Price  Average Market Time
Jan 2014 574  $ 117,267  $ 105,000 143
Jan 2013 619  $ 106,543  $ 95,000 170


Curious about the value of your home? Get it here!!

Access Teri’s one-stop Orlando FL home shopping 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.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Orlando FL Real Estate Market Trends – October 2013

October 24th, 2013 by tisner

The Fed recently announced they would continue their current pace of purchasing bonds until the economy was stronger. This bond purchasing program is the reason that mortgage interest rates are at historic lows. Rates began to increase over the last several months just on the anticipation that the Fed would announce that they would be reducing the level of bond purchases last month. When that didn’t happen, rates actually decreased.

That was great news for any buyer in the process of purchasing a home. However, this window of opportunity is expected to close in the very near future as most experts expect the Fed to taper the bond purchasers in December.

So, don’t let this opportunity pass you by. Leverage your buying power NOW while rates remain low. Contact us today for help!

Take a look at sales figures in our local real estate market for September 2013.

Orange County Real Estate Sales Statistics – September 2013

Orange County saw 9 more homes sold in September 2013 than September 2012, a 1 percent increase. The average sales price increased by 10 percent and the median sales price increased by 18 percent from September 2012.  Market times decreased by 33 days or 21 percent.

Orange
County
Homes Sold Average Sales Price Median Sales Price Average Market Times 
September 2013  1,424  $ 197,972 $ 160,000 121
September 2012 1,415  $ 178,657  $ 130,600 154

 

Osceola County Real Estate Sales Statistics – September 2013

Osceola County homes saw home sales increased by 18 homes, a 4 percent increase. Prices increased with the average sales price up 24 percent and the median price increased by 19 percent.  Market Times remain consistent compared to September 2012.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
September 2013 433  $ 163,613  $ 135,000 144
September 2012 415  $ 123,766  $ 109,000 144

 

Seminole County Real Estate Sales Statistics – September 2013

Seminole County residential sales increased by 6 percent with 37 more homes sold in September 2013. The average sales price increased by 22 percent, and the median sales price increased by 24 percent compared to September 2012 levels. Market times decreased by 26 days or 18 percent.

Seminole
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
September 2013 575  $ 204,271  $ 169,900 119
September 2012 538  $ 160,315  $ 129,500 145

 

Lake County Real Estate Sales Statistics – September 2013

Residential sales in Lake County increased with 63 more homes sold a 15 percent increase. The average sales price increased by 20 percent, and the median sales price increased by 17 percent for the month compared to September 2012.  Market times decreased by 3 days.

Lake
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
September 2013 431  $ 165,755  $ 145,000 168
September 2012 368  $ 132,410  $ 120,000 171

 

Polk County Real Estate Sales Statistics – September 2013

Polk County saw 52 more homes sold in September 2013 compared to September 2012.  The average sales price increased by 22 percent, and the median sales price increased by 21 percent.  Market times decreased by 42 days compared to September 2012.

Polk
County
Homes Sold Average Sales Price Median Sales Price  Average Market Time
September 2013 682  $ 134,100  $ 119,900 142
September 2012 630  $ 104,822  $ 95,000 184

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

Orlando FL Real Estate Market Trends – Sept 2013

October 4th, 2013 by tisner

The American Dream of homeownership is alive and well, according to a majority of renters surveyed for the NAR 2013 National Housing Pulse Survey. The survey found that more renters are thinking about becoming homeowners than in past years and the number of Americans who prefer to rent is declining. Thirty-six percent of renters said they were thinking about purchasing a home, compared to only 25 percent in 2011.

Americans’ concerns about home values continuing to drop have also diminished. A majority of respondents revealed that housing prices in their area are higher than last year, and 38 percent reported an increase in local housing market activity in the past year.

Take a look at sales figures in our local real estate market for August 2013.

Orange County Real Estate Sales Statistics – August 2013

Orange County saw 31 fewer homes sold in August 2013 than August 2012, a 2 percent decrease. The average sales price increased by 23 percent and the median sales price increased by 27 percent from August 2012.  Market times decreased by 25 days or 17 percent.

Orange County Homes Sold Average Sales Price Median Sales Price Average Market Times 
August 2013  1,697  $ 217,289 $ 167,000 120
August 2012 1,728  $ 168,183  $ 122,100 145

Osceola County Real Estate Sales Statistics – August 2013

Osceola County homes saw home sales increased by 39 homes, a 7 percent increase. Prices increased with the average sales price up 12 percent and the median price increased by 23 percent.  Market Times decreased by 15 days compared to August 2012.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
August 2013 555  $ 159,313  $ 138,000 135
August 2012 516  $ 139,493  $ 106,000 150

Seminole County Real Estate Sales Statistics – August 2013

Seminole County residential sales increased by 9 percent with 63 more homes sold in August 2013. The average sales price increased by 16 percent, and the median sales price increased by 13 percent compared to August 2012 levels. Market times decreased by 26 days or 18 percent.

Seminole
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
August 2013 697  $ 201,496  $ 161,000 121
August 2012 634  $ 169,341  $ 139,400 147

Lake County Real Estate Sales Statistics – August 2013

Residential sales in Lake County increased with 29 more homes sold a 6 percent increase. The average sales price increased by 14 percent, and the median sales price increased by 14 percent for the month compared to August 2012.  Market times decreased by 22days.

Lake
County
Homes Sold Average Sales Price Median Sales Price Average Market Time 
August 2013 487  $ 153,979  $ 138,500 152
August 2012 458  $ 132,116  $ 119,250 174


Polk County Real Estate Sales Statistics – August 2013

Polk County saw 21 more homes sold in August 2013 compared to August 2012.  The average sales price increased by 20 percent, and the median sales price increased by 24 percent.  Market times decreased by 20 days compared to August 2012.

Polk
County
Homes Sold Average Sales Price Median Sales Price  Average Market Time
August 2013 756  $ 132,732  $ 119,450 150
August 2012 735  $ 105,593  $ 91,000 170

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

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
1170 Celebration Blvd
Suite 200
Celebration, Fl 34747

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