Orlando Regional Realtor Association reports 2.6% increase in home values in Feb. 2019

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

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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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