Demand for Florida property remains strong for houses and condos, with sales up 18.6% in the first three months of the year, according to the latest data.
Prices have risen, too, with annual gains of around 8% affecting single-family homes as well as townhouse and condos, the Florida Realtors first quarter figures show.
Top Central Florida agent and developer, Feltrim Group is seeing rising interest in property in and around Orlando coming buyers from across the United States and overseas.
“Many buyers look to purchase vacation real estate or investment property in Central Florida because they know that our world-class theme parks, including Disney and Universal, are pulling in record numbers of visitors,” says Chief Executive Officer, Garrett Kenny.
“Jobs growth and excellent economic figures also encourage real estate buyers to target the Orlando region – along with our warm weather and unbeatable sports, leisure, and cultural attractions. We’ve seen significant interest from buyers in the US, China, Latin America, Canada and the UK.”
The median –midway – sales prices in Florida for Quarter 1, 2015, is $182,000 and $145,000 for condo/townhouses.
Homes are being snapped by quickly, with single-family homes selling for a median 58 days and townhouse-condo properties for 56 days.
In fact, Orlando real estate sales are rising at a faster rate than the state average, reaching a 10-year high in March, separate figures from city’s Regional Realtor Association show.
One Feltrim development in demand is the stunning ChampionsGate resort, a high-quality townhouse project in an ideal location close to WaltDisneyWorld, championship golf, restaurants and shops.
The luxury development features two resort pools and a fully equipped clubhouse on site and the ChampionsGate resort itself includes two Greg Norman signature golf courses, a hotel water park, restaurants, supermarket, cafes, shops and more.
If you are looking for condos at ChampionsGate, see the excellent choice at the nearby Tuscana Resort that offers a choice of lifestyle investment options with two and three-bedroom properties.
The fully-equipped luxury project includes a resort pool, cinema, games room, business center, pool side restaurant and bar, concierge services and more.