Welcome to your monthly "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 60% from one year earlier and down 23% 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 100-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 18% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just over 110-thousand dollars. Overall, The number of units sold Increased 26% year-over-year and Decreased 3% month-over-month Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 32835 (Orlando, FL)
Area Information for 32835 (Orlando, FL)
Community Character:Growing Population, High Residential Turnover
Population:42,029
Median Age:33.9 yr
Median Commute Time:23.61 mins
Educational Climate*:4
Recycling Likelihood**:101
Sales Tax:5%
Population Density:3,610/sq mi
Population Change Since 2000:36%
Closest Airport:Orlando International
Closest College:Devry University
Closest Jr. College:Valencia Community College
Median Household Income:$54,935
Annual Residential Turnover:33.02%
Median Years in Residence:2.04 yr
Median Home Sales Price:$71,900
Closest Major Sports Team:Orlando Magic
Change Avg. Household Income Since 2000:11%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 32835 (Orlando, FL)
Median Age: 33.9Married: 35%Number of Households: 16,845Households with Children: 5,479
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)