Here are the latest news and notes from our Central Florida market.

What’s been happening lately in our Central Florida real estate market? Our active inventory is down from 5,499 units in March 2020 to just 2,878 units today. Now, you’d think that with roughly 50% less inventory, we’d see sales take a hit. Well, in March 2020 we had 3,204 sales; this past March we had 4,268 sales. Despite fewer available homes to choose from on the market, we’re still seeing tons of activity. Nearly every listing generates multiple offers. 

Now, since the market is so strong, more people are thinking of their homes themselves. There’s no doubt about it: You will sell it. There’s no inventory out there, and buyers are desperate. However, you’ll risk leaving a ton of money on the table amid this gold rush of a seller’s market. Homes with top-tier marketing and maximum exposure are selling for $25,000, $50,000, and even $100,000 over asking price. 

Why would you settle for just “sold” when you could partner with an experienced agent who’ll deliver you “sold” and then some? Besides, navigating a real estate contract by yourself can be a headache. 

If you have questions about the market or are ready to buy or sell a property, please give us a call or send an email. We’re always here to help, and we look forward to hearing from you soon.