Orlando Regional Realtor® Association reports home values up 10.4% during its March 2018 Market Pulse Report

The Orlando Regional Realtor® Association has released its March 2018 Market Pulse Report. Here are the highlights: From Feb. 2017 to Feb. 2018, the median home value for Central Florida is up 10.4% with inventory down 8.9%, during the same time frame. The combined median home value for all homes sold is $228,000. Average days-on-market was only 64 days. There is a 3.09 month’s supply of inventory. Experts say 6 months of inventory demonstrates a healthy balance between supply and demand. Distressed properties sales are down 41.4% year-over-year. The full report is available for you here:
March 2018 Market Pulse Report

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Orlando, FL Airbnb International Drive Apartment refurbishment is now completed & ready for guests!

Orlando, FL International Drive Airbnb Apartment refurbishment project is now completed & ready for guests! Book now, just in time for Spring Break 2018! You will be treated to new flooring, paint, bathroom upgrades, granite counter tops, new lighting, new window treatments & much more! Apartment is a studio with kitchenette & full bathroom. Features full-sized refrigerator, double range, dishwasher, microwave, & disposal. Bathroom has undergone substantial upgrades with new vanity, mirror, & more! You will be treated by approx. 7 ft. high glass doors, full-sized balcony, lake-front views, Universal Orlando nightly fireworks & views of International Drive area attractions! Book today!

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241 Sterling Springs Lane, Altamonte Springs, FL 32714 — For Rent

Solid block, Centex home at Sawgrass Point loaded with features & upgrades. Two story town home w/ 1 car garage, 2 master suites, rear patio, double-pane windows, dual A/C climate control, ceiling fans, upgraded blinds, rear slider, solid concrete block walls, & huge walk-in-closets. Kitchen has all appliances (refrigerator, dishwasher, disposal, oven/range & microwave), dual sink & closet pantry. W/D incl. Entire home is wired for security system, which is NOT incl. with lease. Flooring is carpet in main living areas & vinyl in kitchen & baths. HOA community, gated, w/ playground & in-ground pool. Due to previous issues pet dogs are not being allowed for this lease. Background check, HOA application fee, security dep. & pet dep. (if appl.) are required. Electric service is Duke Energy & water/sewer/trash services are provided by City of Altamonte. Utilities are NOT included w/ monthly rent. Location. Location. Location. Sawgrass Point is located in the heart of west Altamonte within walking distance to West Town Corners, Walmart, Costco, Target, Backyard Burger, Starbucks, Panera Bread & a list of other restaurants, retail shops, coffee shops, grocery stores & much much more! Altamonte Mall, Cranes Roost Park & Florida Hospital are 3 miles east. Major roads in the immediate area include SR-436, SR-434 & Maitland Blvd/414 Expressway (to 429). There are three I-4 ramps within 10 min. by car. Seminole State College is approx. 1 mile south. Historically, this is a hot property! Act fast!

  • 1304 sqft.
  • Built 2004
  • 2 Bedrooms/2.5 Bathrooms
  • 2 Floors
  • Washer & Dryer incl.
  • Kitchen features all appliances, closet pantry & dual sinks
  • 1 Car Garage
  • Rear Patio
  • Dual A/C Climate Control
  • Lake Brantley School District
  • $1349/mo.
  • 12 Months Lease
  • Security Deposit $1500
  • Pet Deposit $1000, if applicable. Due to previous issues, no dogs allowed, except for ADA laws.
  • Electric & Water/Sewer/Trash are not included
  • MLS #o5568407
  • Available 4/1/18

Florida Association of Realtors® Reports Jan. 2018 Sales Data; Values up 9.1-11.7%

Florida Association of Realtors® (FAR) reported its statewide sales data for Jan. 2018. The median value for existing Single Family Homes (SFHs) was $240k, up 9.1% year-over-year. The median home value condos/town houses was $179.9k, up 11.7%. Inventory is historically low with only 3.9 months of supply available for SFHs & 5.9 months for condos/town houses. Inventory is down 7.3%, year-over-year (SFHs) & 4.8% (condos/town houses). This data excludes new construction. Median is the midpoint; ½ above & ½ below. Freddie Mac reported an avg. mortgage rate of 4.03% for a 30-year fixed mortgage. The full article is available for you here: January 2018 Statewide Sales Data Report