The Mid-Year Florida Report

Page 98

NORTHEAST ORLANDO A LTA M O N T E S P R I N G S , B A L D W I N PA R K , B E R T H A , G O L D E N R O D , L A K E M A R Y, M A I T L A N D , W I N T E R PA R K , W I N T E R S P R I N G S

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W N O R T H E A ST O R L A N D O S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1719 1825 +6.2% 232 476 +105.2% 60 139 +131.7%

$2,000,000 $5,000,000

2020 2021 % Change

15 38 +153.3%

2020 2021 % Change 2020 2021 % Change

0 0 -%

1

-

$$-%

2026 2478 +22.3%

148

0.4

$391,113 $486,662 +24.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$299,883 $328,399 +9.5% $663,869 $664,494 +0.1% $1,339,519 $1,350,452 +0.8%

65

0.2

44

0.6

27

1.2

11

1.7

$2,833,900 $2,700,230 -4.7%

T

h e s i n g l e -fa mi l y h o m e ma rket i n No rt h ea st Orl a n d o p o sted st ro n g g rowt h i n t h e f i rst ha l f of 2021, w it h ove r 22% yea r- ove r-yea r i n c rea s e i n nu mb e r of s a l es. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ove r 24%, p a rt l y a s a result of t h e i n c rea s e i n sa l es vo lu m e ab ove t h e $500,000 p ric e p o i nt . W it h e xt re m e l y l ow i nve nto r y l eve l s , p ric e ap p rec iat io n is p ro j ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A lifelong resident of Winter Park, Sam Hillman is a multi-milliondollar producer specializing in Orlando real estate.

SAM HILLMAN R E A LT O R ®

After graduating Cum Laude from Florida State University with a degree in Finance, Sam began his career as a Business Analyst in the Automotive Lending industry. After five years, he joined Fannie Hillman in 2014 and began his real estate career. Sam is known for his deep familiarity with the Orlando area and his consistent high level of service to his clients.

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