What's my home worth? - South Chase, 32824 Average Home Values ~

What is my South Chase home worth? Orlando, FL 32824

Are you wondering what your 32824 home is worth?  Home values in this Orlando neighborhood have been on a consistent up swing since the beginning of the year.  The average sold price for homes in the 32824 was $133,636 for the month of July 2012.  In January 2012, this number was only $118,000.  Listed homes are also being put under contract much sooner.  In 32824, the average homes was on the market for 39 days when compared to 106 days in March 2012.  The major reason for this recent shift from a buyer's market to a seller's market is low inventory.

Available homes for sale in South Chase and the rest of the 32824 zip code has dropped from 272 active listings in August 2011 to a mere 91 actives in July 2012.  Buyer's, having noticed the tide changing for them, are now faced with less and less options as the days tick on.  This is causing homes in the 32824 zip code to creep up in value and command a higher selling price for their owners.

Francisco Orchilles | Residential Real Estate Services

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August 25 2012 - Orlando
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