OVER 4 MILLION CLOSED AND ANOTHER 5.1 MILLION UNDER CONTRACT DURING THE MONTH OF JUNE AT COLDWELL BANKER CAMELOT REALTY.
OUR AVERAGE SALE PRICE HAS INCREASED WITH SEVERAL SALES OVER $200,000
Homes below $150,000 are still a the most active parts of the market. We are seeing an increase in the over $200,000 price point also. Sales above 300k indicate an increased amount of activity.
Interest rates around 5% the $8,000 tax credit, and increased affordability seem to be the key market factors at this time.
Later in the month we will receive the county wide number from the Mid-Florida Regional MLS.
The sentiment among buyers has moved from wait and see to a state of action.
Local builders are approaching the deadline to start a new home and still qualify for the $8,000 Tax credit by December 1st.
Ray Levy
352-978-8551
Coldwell Banker
Camelot Realty
Mount Dora, FL
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