Orlando Regional Realtor® Association reports Central Florida home values up 2.6% year-over-year in its monthly market “Market Pulse” report for data from Feb. 2019. The overall median home value was $235,000 with an average-days-on-market of 62 days. Price increases have been recorded for 92 consecutive months with home values up 103% since 2011.
Inventory is hovering near historical lows & showing a slight increase of 6.3% year-over-year. Distressed sales (REO & short sale) are representing less than 5% of total sales.
Full market report is available here: March 2019 “Market Pulse” Report