Orlando Regional Realtor® Association reports home values up 4.5% in Oct. 2018

The Orlando Regional Realtor® Association reports the October 2018 median home value of $228,500 for Central Florida with home values up 4.5% year-over-year in its monthly “Market Pulse Report.” Average DOM of only 52 with only 2.8-month supply of inventory. Distressed properties represented only 4% of all sales. It’s a seller’s market with historically low inventory levels & multiple buyers competing for properties, however the inventory shortage is slowing. The full report is available for you here: ORRA Market Pulse Report for October 2018

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Author: JasonCraneRE

Real Estate Expert, Licensed Real Estate Broker, Jason Crane Real Estate LLC, in Orlando, Florida with 700+ successful real estate closings and total sales volume in excess of $76 million. Jason specializes in Residential real estate, Bank-owned Foreclosures & Short Sales. Also, Jason is an active real estate investor and landlord with a portfolio of residential real estate properties across Central Florida. Please visit http://www.JasonCraneOnline.com for more information!

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