Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 52% from one year earlier and down 26% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 70-thousand dollars. Overall, The number of units sold Increased 4% year-over-year and Increased 35% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 32809 (Orlando, FL)
Area Information for 32809 (Orlando, FL)
Community Character:Growing Population, Moderate Residential Turnover
Population:25,807
Median Age:32.08 yr
Median Commute Time:21.11 mins
Educational Climate*:5
Recycling Likelihood**:86
Sales Tax:5%
Population Density:2,046/sq mi
Population Change Since 2000:18%
Closest Airport:Orlando International
Closest College:Fl Metropolitan Univ S Orlando
Closest Jr. College:Valencia Community College
Median Household Income:$45,744
Annual Residential Turnover:20.93%
Median Years in Residence:2.71 yr
Median Home Sales Price:$93,000
Closest Major Sports Team:Orlando Magic
Change Avg. Household Income Since 2000:22%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 32809 (Orlando, FL)
Median Age: 32.08Married: 39%Number of Households: 8,836Households with Children: 3,473
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)