Orlando Regional Realtor® Association reports Home Values up 5.7% for month of October 2019

Orlando Regional Realtor Association® reports Central Florida median home value up 5.7% year-over-year in its November 2019 Market Report. Median value now at $242,000 with ADOM of only 54 days. Inventory is down 5.3% year-over-year with only 2.7 months supply. Experts consider 6 months supply as a balanced market. Distressed properties are only comprising less than 4% of all sales. Data is indicative of a very strong seller’s market with a robust demand for housing. The full report is available here: November 2019 Market Pulse Report