The Orlando Housing Market Report for March 2014 shows our usual spring selling season is off and running with a 17.28 increase in closings than February. The median sales price jumped to $160,000, up from $158,000 last month and current inventory continues to increase and rests at 10,343. Homes of all types spent an average of 76 days on the market compared to 79 days in March 2013 before coming under contract. Interest rates increased slightly to 4.43%, compared to 4.37% last month.
For all the latest, check out the video below!