Exclusive Orlando Market Update September 2013

Welcome back to my video blog! I wanted to give you an update on what’s happening in our Orlando market. We currently are experiencing a shift from a buyers market to a sellers market.

Multiple offer situations have become the norm. The average sales price has also increased from $120,000 to $155,000 from last year to this year.

The average days on market is just 60 days. It’s an incredible time buy and sell. Although interest rates have increased slightly to 4.66 percent, this is still a phenomenal rate. If you can remember in 2008 rates were as high as 6.08 percent.

Give me a call at (407) 925-6833 or email me at Nicole@ThePhilbeckTeam.com so I can help with all you real estate needs! Thanks for watching!