Resident Realtors: Realtor Report

This neighborhood market report is brought to you by our Resident Realtors, John Scolaro with Coldwell Banker Realty and Kendle Arribas with The Agency. Both are long-term residents of Hidden Springs and have a deep understanding of our community. If you're thinking about selling your home and would like a free market evaluation, please contact either of them via the links above. 

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Orlando's State of the Market

"Sales slowed in January coming off the holidays, which is typical for this time of year," says Lawrence Bellido, president of the Orlando Regional REALTOR® Association. "More notably, though, new listings and pending sales rose as people kicked off the year by entering the market. Higher inventory is exactly what buyers have been waiting for, and with more homes to choose from, now is a perfect time for people to make their homebuying dreams a reality. Sellers today will need to make sure their homes are market ready and be realistic with pricing to set themselves apart."

In the greater Orlando market:

• New listings spiked 68.1% from December to January, with 4,220 new homes on the market in January, compared to 2,510 in December.

• Inventory for January was recorded at 11,697, up 16.4% from December when inventory was recorded at 10,049. This is the highest inventory since July 2015.

• Pending sales rose by 24.8%, with 2,661 in December and 3,320 in January.

• The median home price for January was recorded at $375,000, down from $380,000 in December.

• January’s interest rate was recorded at 6.8%, up from 6.5% in December.

• Homes spent an average of 74 days on the market (DOM) in January – up from 68 in December.

• Overall sales decreased by 29.7% from December to January. There were 2,154 sales in December and 1,514 sales in January.

Hidden Springs/Estates Activity

For the period of November 26, 2024-February 27, 2025, our neighborhood had three sales ranging from $540,000-$635,000. There is one home active on Cedar Pine Dr. for $625,000. Updates to your home, proper maintenance and curb appeal all add value. When our neighborhood looks good, it helps increase everyone’s home values. Please do what you can to keep your homes looking their best both with interior updates as well as landscaping and lawn maintenance.

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Real Estate Report for Hidden Springs/Estates

November 26, 2024-February 27, 2025

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