Welcome to December 2018 Disney real estate market update.
We've come to the end of the year and the Disney market is still red hot...
In December we saw the average sales price increase to $237,606 from $220,000, a 7.4% increase from December 2017. Inventory has declined 14.7% to 1,990 compared to last year 2,283. 429 Homes sold in the month of December, compared to 541 in December 2017 a 26.1% decrease.
Prices in the Disney vacation market continue to rise due to the low inventory on the market. Home sales are down compared to 2017 but still historically high as we reach the end of the 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.