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May 2021 Home sales Report

May 2021 Home sales Report

May 2021 Home sales Report

 

Welcome to this months Florida Market in a minute. We continue to hear there are two few homes on the market but inventory of single-family homes in the Orlando area actually *increased* in May, the first time since September 2020. It was a small increase, but seen as significant by many as a sign that we might finally be at the start of a long march back toward balanced market.

The number of new listings increased for a third straight month but with just over a three week supply of homes we remain well below what is considered a balanced market.

Average interest rates are staying level at just below 3% – lower than they were in May 2020 and that continues to keep buyer demand high which in turn maintains upward pressure on home prices.

Florida Realtors reported that over half of all single-family home sales were sold above their original listing prices. Not surprisingly the median home price in the Orlando area was up again in May, rising to $300,000O – that’s 15% up from May 2020.

Sales in May were slightly down compared with April but that was due simply to a lack of inventory as housing demand continues to dramatically outpace supply.

Well that’s all for now but remember every market and every community is different so for the latest information make sure you speak with your Realtor here at Bardell Real Estate and I look forward to seeing you next month.

 

Around the United States:

  • Pending home sales rose 8% in May from the prior month and 13.1% from one year ago.

Pending home sales rebounded strongly in May, reaching the highest reading ever for the month of May since 2005, according to the National Association of Realtors®. All four U.S. regions registered both month-over-month increases and year-over-year gains for pending home sales contract transactions for the month of May.

  • The May 2021 Pending Home Sales Index of 114.7 is the highest reading for May since 2005.

Although there has been a series of obstacles over the last year, including an unprecedented pandemic, record-high prices and all-time low inventory, buyers are still lining up at a feverish pace,

  • Contract signings rose in all regions in May compared to the prior month and one year ago.

Pending contracts are good early indicators of upcoming sales closings. However, the amount of time between pending contracts and completed sales are not identical for all home sales. Variations in the length of the process from pending contract to closed sale can be caused by issues such as buyer difficulties with obtaining mortgage financing, home inspection problems, or appraisal issues.

NOTE: This report was produced for May existing home sales,  Existing-Home Sales for June will be reported July 22. The next Pending Home Sales Index will be July 29; all release times are 10:00 a.m. ET.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

Tilden Place at Winter Garden

Tilden Place at Winter Garden

The gated new construction community of Tilden Place at Winter Garden is one of the last remaining residential opportunities in Central Florida’s Tilden Road. The neighborhood comprises of 55 stunning houses by M/I Homes, exemplify architectural styles by a combination craftsman design integrated with a Traditional Florida design.

The community’s new construction homes for sale offer 13 different floorplans to choose from that are split between two different product lines called the Eco and the Eco Grand series.

Eco Series

  • 50′ wide homesites
  • 1,857+ square feet
  • 3-4 bedrooms
  • 2-4 baths
  • 2-3 car garages
  • 6 floorplans

Eco Grand Series:

  • 80′ wide homesites
  • 2,818 – 4,500 square feet
  • 3-6 bedrooms
  • 3-5 bathrooms
  • 3-4 car garages
  • 7 floorplans

For some outdoor fun in the neighborhood, residents of Tilden Place at Winter Garden can get active at the community’s open park, walk their four-legged best friend in the dog park or have a family picnic at the pavilion. In addition, children have access to a playground they will absolutely love!

Tilden Place at Winter Garden is conveniently located between 429 and Winter Garden Vineland Road, giving homeowners easy access to major roadways. Fantastic shopping and dining options are just minutes away. Seeking something local a little more thrilling? Orlando’s world-class theme parks are just 30 minutes away from these new construction homes in Florida. The Orlando International Airport is also only 30 minutes away by car, convenient for when relatives visit!

Contact us now to speak to an experienced real estate agent about buying a new home at Tilden Place at Winter Garden!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Just Listed-15320 MARKHAM DRIVE, CLERMONT, FL

Just Listed-15320 MARKHAM DRIVE, CLERMONT, FL

15320 MARKHAM DRIVE, CLERMONT, FL

Just Listed

Presented By:

Bardell Real Estate

Bardell Real Estate
863-424-2309

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$ Click for current price
3 BEDROOMS | 2 full baths BATHROOMS | 1636 SqFt

Located in the quiet, gated community of Mission Park this well maintained home is in move in ready condition. Theflowing open floor plan benefits from a fully equipped kitchen at the heart of the home and an open, split bedroom floorplan with lots of natural light. The Master bedroom located towards the rear of the property has a good sized ensuitebathroom with jacuzzi tub, separate shower and dual sink – bedrooms two and three are located towards the front of thehome and share the house bath. Sliding patio doors lead outside to a screened in porch which can also be accesseddirectly from the Master bedroom. Once outside you can relax or entertain in the screen room while planning yourdream garden or private pool!! Located close to schools, shopping, restaurant’s, and easy access to Hwy 192 and all theCentral Florida attractions this would make a great family home or snowbird/second home. Looking for something tomake your own……..this is sure to be it!!!

 

Just Listed – 320 Ballyshannon Dr, Davenport 33897

Just Listed – 320 Ballyshannon Dr, Davenport 33897

320 Ballyshannon Dr, Davenport, FL

FOR SALE

$ Click for current price
4 BEDROOMS | 3 Baths (3 full ) BATHROOMS | 2247 SqFt

Welcome home to this extremely spacious 4 bed/ 3 bath property. A perfect family home in the beautifully maintained community of Hampton Lakes ideally located on Hwy 27 with easy access to I-4 at ChampionsGate or Posner Park, shops, schools, restaurants and medical facilities. The flowing floor plan comprises a large formal living room/dining combo, spacious family room/kitchen combo with breakfast nook overlooking the pool and sliding doors leading to the covered lanai and pool area. The split bedroom plan offers a master bedroom at the right front of the home, 2 bedrooms and bathroom to the left along with the laundry room, and the largest master bedroom is at the rear of the home with views of the pool, large master bathroom featuring a garden tub, separate shower, dual sinks and a huge walk in closet. Community amenities include 2 playgrounds, tennis courts and volleyball courts and the HOA fees cover ground maintenance.

 

Out & About Orlando- Veterans Day Parade

Out & About Orlando- Veterans Day Parade

Out & About Orlando- Veterans Day Parade

Saturday, November 09, 2019 | 11:00 AM

Location-Orange Avenue, Orlando, FL 32802

Orlando Mayor Buddy Dyer and his Veterans Advisory Council will host the 20th annual City of Orlando Veterans Day Parade on Saturday, November 9, 2019 to honor the courageous men and women of the armed forces who have fought for our nation’s freedoms. The parade will feature marching bands, ROTC units, active duty military, decorative floats and veterans groups from all military branches representing a wide variety of conflicts.

This year’s theme will honor WWII veterans, with the parade’s five Grand Marshals all having served during WWII.

 

Map

Directions, Road Closures, and Parking 

    Be advised of the following road closures: 

  • Garland (between Amelia/Concord, 8 a.m. – 1 p.m.)
  • Concord (between Garland/Orange, 8 a.m. – 1 p.m.)
  • Amelia (between railroad tracks/Orange, 8 a.m. – 1 p.m.)
  • Orange (between Concord/Robinson, 8 a.m. – 1 p.m.)
  • W Robinson (between Slate/Orange, 8 a.m. – 1 p.m.)
  • E Robinson (between Broadway/Rosalind, 10 a.m. – 3 p.m.)
  • Livingston (between Garland, Magnolia, 8 a.m. – 1 p.m.)
  • Central (between Orange/Rosalind, 10 a.m. – 3 p.m.)
  • Rosalind (between Central/Robinson, 10 a.m. – 3 p.m.)
  • Magnolia (left travel lane between Robinson/Colonial, 7 a.m. – 3 p.m.)
  • Orange (between Robinson, Central, 10 a.m. – 3 p.m.)

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Let it Grow and Join the Fight Against Cancer!

Let it Grow and Join the Fight Against Cancer!

Let it Grow and Join the Fight Against Cancer!

Each day, 22,000 people die from cancer worldwide (WHO). There’s a good chance that someone you know and love will be affected by this disease. Nearly half of cancer diagnoses and deaths are preventable. No-Shave November’s mission is to not only raise funds for cancer research and treatment but to educate the population about preventative measures. For over six years, participants around the globe have put down their razors and foregone their hair appointments to join the fight against cancer.  Each whisker grown allows us to embrace our hair, which many cancer patients lose during treatment. Will you join me?


THE CONCEPT

The goal of No-Shave November is to grow awareness by embracing our hair, which many cancer patients lose, and letting it grow wild and free. Donate the money you typically spend on shaving and grooming to educate about cancer prevention, save lives, and aid those fighting the battle.


THE RULES

The rules of No-Shave November are simple: put down your razor for 30 days and donate your monthly hair-maintenance expenses to the cause. Strict dress-code at work? Don’t worry about it! We encourage participation of any kind; grooming and trimming are perfectly acceptable.

 


The No-Shave November campaign has successfully raised over $3.5 million dollars to combat this disease. Every dollar raised brings us one step closer in our efforts to fund cancer research and education, help prevent the disease, and aid those fighting the battle.