Disney Real Estate Market September 2019 (Davenport & Kissimmee)
Record high for the third time this year...
Disney home prices in Davenport and Kissimmee have hit a 10 year high for the third time this year as prices jump 8.9% to $247,995. Sales increased a very minor 0.0.5% to 554 compared to 552 in September 2018. Historically speaking the market generally slows down in August and September but in this case, we have only seen a decrease of 0.4% from 1,895 in September 2018 compared to 1,984 this September.
In summary, sales and inventory remain consistent with the statistics of September 2018 with almost identical numbers. As mentioned above this is the third time this year we have seen a record high and there doesn't seem to be anything in the near future that is going to continue this trend.
Interest rates are still historically low which could sway buyers and investors to purchase a new home before prices rise any higher. Sellers might be looking to capitalize and sell to take advantage of the high prices especially if the homeowner resides in the UK. If you're looking to selling in the near future especially if you're from the UK, this is a huge opportunity to increase your profit with the exchange floating around 1.23.
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