Welcome to August 2018 Disney real estate market update.
Prices continue to rise as inventory drastically decreases...
In August we saw the average sales price increase to $230,000 from $216,500, a 5.9% increase from August 2017. Inventory has declined 39.6% to 1,858 compared to last year 2,594. 608 Homes sold in the month of August, compared to 584 in August 2017 a 3.9% rise.
Prices in the Disney vacation market continue to rise due to the low inventory on the market but this doesn't seem to faze many home buyers as sales are up yet again compared to last year.
If you're looking to sell your home this could be a great opportunity for you to take advantage of the decreasing inventory and rising prices. If you're an international seller in the U.K then be sure to keep an eye on the low exchange rate. If you're looking to purchase a new home, take advantage of the low-interest rates and purchase before prices rise even higher. Contact us today for more information on the Disney, Davenport, and Kissimmee markets or click here to start your search.