Orlando Regional Realtor® Association reports home values up 3.6% in Nov. 2018

The Orlando Regional Realtor® Association reports the November 2018 median home value of $233,100 for Central Florida with home values up 3.6% year-over-year in its monthly “Market Pulse Report.” Average DOM of only 53 with only 3.3-month supply of inventory. Distressed properties represented only 5% of all sales. The housing shortage appears to be slowing with a 1.7% increase in inventory year-over-year. It was the first year-over-year inventory increase since the summer of 2015. The full report is available for you here: ORRA Market Pulse Report for November 2018

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Author: JasonCraneRE

Real Estate Expert, Licensed Real Estate Broker, Jason Crane Real Estate LLC, in Orlando, Florida with 750+ 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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