As compared to January of this year, Orlando’s home inventory, sales, and median price saw increases across the board.  This is great news for Orlando real estate and the region as a whole, especially since the spring selling season is about to begin.

The median for home prices by the end of February came in at $158,000, which is 5.9% higher than January’s median, and a whopping 18.8% higher than that of February 2013.  Additionally, the number of homes sold within the month exceeded January’s numbers by nearly 1.5%.  Orlando real estate experts say that these increases are due to an increase of non-distressed homes entering the market, effectively raising prices and bolstering the economy.

However, the total sales for the region is still less than the number of sales for February 2013.  The season should pick up speed as springtime brings more buyers.  Overall, the Orlando real estate market has steadily improved since the market’s downturn, and experts expect to see more improvement as the year progresses.

Interested in entering the Orlando real estate market?  Contact Real Estate Closing Solutions. We provide the best and most reliable title and closing services in the industry, as well as referrals for Realtors, lenders and builders in the area. With two convenient locations in Orlando – Dr. Phillips and Downtown Orlando – we are positioned to provide our clients with all the resources they need when selling their homes. Call us at 407-615-8550 today or stop by our office for more information on our title and closing services.