What’s Trending May 2024
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.
Archive
Previous ThinkLiveBe articles and updates preserved for reference.
What’s Trending April 2024
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
What’s Trending March 2024
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.
What’s Trending January 2024
The December stats have posted and we held pretty steady compared to November. This may have been one of the slowest quarters in a decade for home sales. However due to supply remaining relatively low the actual market was really pretty balanced in December.
What’s Trending December 2023
The rising rates over the last few months have slowed and cooled the market quite a bit compared to a few years ago. However the actual number of homes sold last month was the exact same as 2022 at the same time..The one thing that has caused the shift is the rising inventory. There were more homes available for sale than last year and actually more than we have had available since 2019.
What’s Trending August 2023
One thing that keeps the market pretty stable and things selling quickly is the low inventory. So despite the lower number of sales there are also less homes available today than last year, keeping the overall market feeling pretty stable. Overall it feels very normal out there. Buyers make an offer, seller counters, and we find an agreeable price. There’s finally a little room for negotiation which is a nice reprieve from the market of the last few years.
What’s Trending July 2023
Highest average sales price on record for Orlando Florida in June 2023. But there is a silver lining for buyers.
Consistency and Frequency
I am reminded the importance of consistency and frequency in all things we do. It made me think about the past and how as a solo agent it was impossible to be consistent, let alone at the right frequency, in anything I was doing because I as being pulled all over the place. As a single agent you are everything to everyone which means you are not mastering anything. Ever heard the saying “jack of all trades, master of none”?
What’s Trending June 2023
We are looking at the month of May and what has closed. The number of sales is slightly down from where it was last year, which is not particularly surprising.
What’s Trending May 2023
The Orlando real estate numbers are in and we have analyzed the data for you. We’re looking back at April, and what we’ve seen is that it’s kind of the