The Orlando, FL housing market is #7 on the list of Top Real Estate Markets to invest money in 2019.
Orlando Housing Market Trends
|Metropolitan Area||Orlando-Kissimmee-Sanford, FL|
|Median single-family home sale price||$266,000 (NAR, Q3 2018 – U.S. median $266,900)|
|YoY home sales price growth||7.3% (NAR, Q3 2018 – U.S. median is 4.8%)|
|Traditional Rental Income||$1,588|
|Airbnb Rental Income||$2,256|
|Average Days on Market||74|
According to Redfin, the Orlando housing market is very competitive.
- Homes in Orlando receive 1 offers on average and sell in around 33 days.
- The average sale price of a home in Orlando was $240K last month, up 4.3% since last year.
- The average sale price per square foot in Orlando is $145, up 7.4% since last year.
Continue reading and click next to see which other U.S. housing markets made the list…