May again continued the trend of a red hot Real Estate
market in Central Florida, with no signs of any slowdowns in the immediate
future.
Orange County, Florida saw 1.336(+158) homes sold for May,
quite higher than April with 1,178, and only 4 lower than May of 2017.
The most active price range once again was the $300,000-399,000
range, with 317(+31) homes sold, higher than the 286 for April. Again, nearly 1 in 4(24%) homes sold were
within this price range. Second most
active was the $200,000-249,000 range with 238(+34 over April with 204) and
third was the $250,000-299,000 range with 230(+25 over April with 205).
Luxury homes over 1 million represented 48(+6) sales
compared to April with 42. Sales of all
luxury homes over $700,000 were on the same pace as April, with 90(+3) for May,
and 87 for April.
Of all homes sold, 865(+93), 65% went within 30 days, just
one percentage point off of April with 66% and 772 sales. 195(+48) or 15% of sales occurred with homes
within 31-60 days of being listed for May, compared with 147 for April.
Again, the market is red hot, with no signs of any immediate
slowdowns.