Median price
The middle value of the observed sales. Read it alongside the number of sales and property type.
Clear sources. Better context.
Before comparing numbers, check the reporting period, property type and boundaries of the area being analyzed.
ORLANDO REGIONAL REALTOR® ASSOCIATIONThe source makes
The source makes
the difference.
The Orlando Regional REALTOR® Association publishes market reports and ZIP-code reports for Orange and Seminole counties. Open the document and check its reporting month before using the data.
View ORRA market reportsTime on market
Check whether the measure means days until contract or days until closing.
Trend
Compare equivalent periods and areas. Changes in the mix of homes sold can affect the picture.
One ZIP code can include more than one community. To assess a neighborhood or development, define its boundaries and select comparable properties.
Three questions to bring to the conversation
What period does the analysis cover, and how many sales are included?
Are the homes similar in size, age and condition?
Did concessions or costs affect the result?
YOUR NEXT CHAPTERLet’s imagine
Let’s imagine
your next place.
A conversation about what matters to you. And a thoughtful perspective on the possibilities in Florida.
YOUR PERSONAL CONTACT
Marly Yate
Nova Real Estate Services Inc
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