Orlando Florida Real Estate

Are you thinking of buying a piece of Orlando Florida Real Estate? More than 2,100 homes changed hands in February 2006, a 9% increase over last year. The median price of Orlando Florida real estate sold in February 2006 dropped slightly from January 2006 to $241,250.

Orlando Florida real estate, the eighth largest housing market in the U.S. has been performing extraordinarily well over the last year. The majority (310) of the detached existing single-family homes sold in February 2006 fell within the $200,000 to $249,000 range, as did the condo sales. Orlando Florida Real estate house price index during the past year rose 18.6 percent.

The Orlando Florida real estate area reported higher existing condo sales, but slower sales of single-family homes. A dramatic increase of about 137%, with the market's median sales price for condos rising 42 percent to $185,100 and a year ago $130,400.

In 2005 the Orlando Florida real estate market has not come close to slowing down. Inventory is on the rise although not as quickly, and increased by only 951 homes over January 2006.The majority (310) of the detached existing single-family homes sold in February 2006 fell within the $200,000 to $249,000 range, as did the condo sales.

The luxury market for Orlando Florida real estate has exploded. Reports show through July 2005, sales of existing homes priced at more than $500,000 jumped 86% when compared to the first seven months of 2004, and that the demand for homes above the one-million-dollar level continues to rise.

What is the average Orlando home cost? Prices vary based on the size, amenities and location of the Orlando Florida real estate property, but the average is in the $240,000 range.

Orlando Florida Real Estate To Consider

• Stoneybrook West / Orlando Florida Real Estate is a totally planned community in Winter Garden. Starting with affordable villas, proceeding through a wide variety of single family homes and culminating with luxury golf front and lake front estates in the rapidly developing western Orange County area. Located on Winter Garden-Vineland Road, homes are ranging from the $300,000's-$750,000's.
  

• Butler Chain of Lakes / Orlando Florida Real Estate This premier subdivision located 10 miles from downtown Orlando on the Butler Chain of Lakes, near Bay Hill. The 800-acre neighborhood has seven miles of lake frontage, and the six surrounding freshwater lakes are protected by the state of Florida. A Mediterranean-style clubhouse and Arnold Palmer designed championship golf course allow the residents to "live the good life." Real Estate Homes and Townhouses - range from one to several million dollars, but the average estimated value of homes is $7,000,000.00+.
• Keene's Pointe / Orlando Florida Real Estate include 14 distinct villages nestled among the Jack Nicklaus Signature Golf Course and the exquisite Keene's Pointe Clubhouse, Lake Tibet-Butler, Lake Burden, community park areas, nature preserves, and playgrounds. Houses range from the mid- $300,000's to several million dollars and Homesites on property starting at the mid-$120,000's.

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