What’s Trending – February 2025
Well January stats are in and the numbers are staggering. The peak up in December was quickly met with a shift. We ended January with the lowest number of homes sales since 2009. It’s not all bad news though..
Well January stats are in and the numbers are staggering. The peak up in December was quickly met with a shift. We ended January with the lowest number of homes sales since 2009. It’s not all bad news though..
The New Year is well under way and we have the full picture of how the real estate market in Orlando fared in December and 2024 as a whole. The market was moving towards a buyers market since September as days on the market got longer and more listings showed up without an increase in corresponding demand. The question in my mind is this the new trend or is this just our typical seasonality during a more balanced year.
We are starting to see a clear picture of real estate in Orlando in 2024 and things have drastically shifted from the previous few years. Despite the rising inventory (about double the amount since last year) and lower than average sales all year long, the prices still went up over 3%.
The season is changing and we move into Autumn and cooler temperatures reach us, the real estate market has cooled a bit more too. However a downward trend in interest rates could lead to a steady or pop in sales by the end of this year.
The ThinkLiveBe team gets the stats for the previous month and we analyze that data to see how it compares to the previous year and share what’s going on in the market and what to expect. There’s a few new things to discuss this month!
On the 15th of each month, the ThinkLiveBe team gets the stats for the previous month. We analyze that data to see how it compares to the previous year and share what’s going on in the market and what to expect.
On the 15th of each month, the ThinkLiveBe team gets the stats for the previous month. We analyze that data to see how it compares to the previous year and share what’s going on in the market and what to expect.
On the 15th of each month, the ThinkLiveBe team gets the stats for the previous month. We analyze that data to see how it compares to the previous year and share what’s going on in the market and what to expect.
The ThinkLiveBe team is always busy analyzing the Orlando real estate market. We review stats for a 25 mile radius from Downtown Orlando every week and the stats for the
The number of sales declined slightly year over year. Last year in February 66 less homes sold. Not a significant difference there. Month over month we are up. There was a drop in sales at the end of last year and into January of 2024 due to the peak in interest rates in late fall. As rates have started to come down, sales have picked back up. The number of pending sales is down slightly as well.