Orlando Regional Realtor® Association reports home values up 0.7% in Jan. 2019

The Orlando Regional Realtor® Association reports home values leveling off in its February 2019 Market Pulse Report. Home prices increase 0.8% year-over-year from Jan 2018 to Jan 2019 with inventory up 8% during same time frame. Inventory has increased for 3 consecutive months.

Median home value of $226,500 for January 2019 versus $225,000 for January 2018. Median home value has increased for 91 consecutive months dating back to July 2011. Prices appear to be reaching a plateau after almost a decade of increases & provide evidence that we’re heading into the next market cycle and/or reaching a peak in the market.

Distressed sales (REO and short sale) only represent <5% of all sales.

The full report is available for you here: ORRA Market Pulse Report published February 2019

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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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