Central Florida suburbs often come at a premium cost, and for good reason. Doctor Phillips, Winter Park, and Heathrow are some of Orlando’s top-rated suburbs in 2021. Niche.com rated these suburbs based on factors such as housing, jobs, and schools. In fact, these communities are some of the most sought after in the Central Florida area. With this, come higher home costs.
All of these suburbs have average home prices greater than the average March sales price of $347,000. In fact, a home in some of these areas are selling for more than $800,000. In addition, home prices in the area escalated 12% YoY in March. Sales are strong, but there is low inventory of homes for sale. In fact, the lack of home inventory has been a problem in Orlando before the pandemic. However, it has highly escalated in the past year.
Looking to move to one of these Central Florida Suburbs?
AMG International Realty is a global real estate firm specializing in Florida. If you are you looking to buy, rent, or sell in Central Florida we are here to guide you through every step of the way. From mortgage applications, to finding your dream home and closing the deal. For more information about the current real estate market in the area, contact us today!
Please feel free to contact us or schedule a showing (or virtual showing!) with one of our agents. We will be more than happy to assist you with any information regarding Florida Real Estate.
Chat with me on WhatsApp: +1 (305) 318 6968 (Heloisa Arazi).