Storey Drive Real Estate Market Statistics And Latest Trends
Want to invest in Orlando’s premier new short-term rental community, Storey Drive? Want to find out how the Orlando real estate market is performing currently? How it’s expected to perform going forward? Storey Drive Homes for Sale and Authentic Real Estate Team are your source for the latest statistics and trends from the Orlando housing market.
From average home prices, to average days on market (ADOM), to demographic data like population and household income, the real estate market statistics can tell us where, when, and in what to invest. So, what does the market data say about investing in Orlando?
Now is the time, and Storey Drive Resort is the place. But only Storey Drive Homes for Sale can help you with every piece of the investment puzzle, from finding the right home, to getting the right price, to booking services and beyond. So give us a call today!
What Is The Average Median Home Price In Storey Drive Florida?
Storey Drive is hitting the Orlando market just as Orlando‘s growth hits incredible new heights.
At a rate of 1,000 a week, Orlando’s explosive growth is driving up demand.
This growing demand, combined with a low inventory, is in turn driving up home prices.
Thus, as of January, 2022 (month and year statistics pulled from), the average and median home prices in Storey Drive were $270,000 (average overall home price) and $270,000 (median overall home price), respectively.
Home values are expected to continue to rise as Orlando continues to grow, so don’t delay; invest with Storey Drive Homes for Sale today!
For Sale Average Price Per Square Feet
A more specific way to look at Orlando home values is by average price per square foot.
As of January, 2022 (month and year statistics pulled from), the average price per square foot at Storey Drive sits at $157.48 (average price per square foot overall).
Count on Storey Drive Homes for Sale to help you find the right-sized home for your investment needs and goals.
Storey Drive For Sale Real Estate Market Inventory
When high demand hits low supply, home values go up.
Thus, we see that along with Orlando‘s historic growth, a low inventory of 200 (overall inventory) in January, 2022 (month and year statistics pulled from) is driving growth to historic heights.
As Orlando‘s most exclusive new short-term rental community, Storey Drive Resort boasts a limited selection of luxury homes in Orlando’s most desirable location, International Drive.
Corner the market with low inventory and high demand at Storey Drive today – with Storey Drive Homes for Sale.
Sold Homes In Storey Drive
As Orlando‘s population continues to grow at an incredible 1,000 new arrivals a week, the number of homes sold in Orlando‘s real estate market grows as well.
Consequently, in January, 2022 (month and year statistics pulled from), the number of homes sold in Storey Drive hit 200 (homes sold overall), continuing the upward trend in sales while inventory remained at all-time lows.
Average Time To Sell A Home In Storey Drive
One important piece of Storey Drive housing market statistics is average time to sell.
In January, 2022, Storey Drive real estate averaged 45 (average time to sell) days on the market (ADOM).
This data is important for several reasons.
As mortgage bills start rolling in for your new home, getting your old home sold is a time-sensitive priority.
Furthermore, a home’s sale price is often contingent on the amount of time it takes to sell, with homes spending more than three weeks on the market considered stale listings.
Count on the experienced realtors at Storey Drive Homes for Sale to help you spend less time on the market and get the price you deserve for your home.
What Are The Average Mortgage Rates In Storey Drive Florida?
As the world continues to rebound from COVID-19, the Fed continues to push mortgage rates down to historic lows.
Thus, as of January, 2022 (month and year data pulled from), average mortgage rates in the Storey Drive real estate market remained at a low 2.7% (average mortgage rate), making now an opportune time to invest.
Homes For Sale On The Storey Drive Resort Real Estate Market
As of January, 2022 (month and year statistics pulled from), the number of homes for sale on the Storey Drive housing market was just 200 (number of homes for sale).
But despite the low inventory, Storey Drive Homes for Sale can help you find the right home, at the right price, for your needs in Storey Drive Resort.
Storey Drive Real Estate Market Demographics
Storey Drive Resort boasts Orlando‘s most exclusive location, with a prime I-Drive address in the heart of the tourism district.
However, with a range of short-term rental homes at a range of prices, Storey Drive remains accessible to investors of all backgrounds.
Not sure what kind of home you want to buy?
Storey Drive Homes for Sale can help!
As the premier Storey Drive investment realtor, we can help you find the best home to help you meet your investment goals in Storey Drive.
Talk With The Best Storey Drive Real Estate Agent Now
Population: How Many People Live In Storey Drive?
As of January, 2022 (month and year data pulled from), 1,000 (Storey Drive population) people call Storey Drive Resort home.
Of course, growth inside gated Storey Drive Resort will be capped at the number of homes available inside the gates.
And thus, as projected growth in the surrounding Orlando area continues to rise, Storey Drive’s limited inventory of homes will continue to rise in value.
Average Household Income
With a real estate sized and priced for a range of needs, Storey Drive’s demographic runs the income gamut.
However, if you want to get a general sense of the numbers, look to the Storey Drive housing market statistics.
Looking at the data from January, 2022 (month and year data pulled from), we find that average household income in Storey Drive Resort was $61,876 (average household income: dollars per household).
Storey Drive Area Size
With a sprawling total area of 77 acres, Storey Drive gives you breathing room in the heart of one of Orlando’s most densely populated areas.
Storey Drive Real Estate Rental Market Statistics
Want to see how the Storey Drive rental real estate market is performing?
With short-term rentals on International Drive, just minutes from Orlando‘s premier parks and attractions, Storey Drive is Orlando’s best new vacation-home destination for vacationers and investors alike.
But don’t just take our word for it; the data makes it plain to see!
What Is The Average Rental Price In Storey Drive
With a prime location near the parks, Storey Drive promises great rates for short-term rental investors.
In fact, as of January, 2022 (month and year statistics pulled from), the average rental price at Storey Drive Resort was $250 (average rental price overall), making it one of the most lucrative investment destinations in Central Florida.
Invest today with Storey Drive Homes for Sale!
The Best Of Storey Drive Orlando Property Investment
For Rent Average Price Per Square Feet
Average rental price is helpful as a back-of-the-envelope market metric.
But to get a better idea of what your rental will command, the best indicator is the average rental price per square foot.
According to the Storey Drive housing market statistics, in January, 2022 (month and year statistics pulled from), the average rate per square foot was $.071 (for rent average price per square foot overall).
Explore our inventory of Storey Drive short-term rentals to see square footage and calculate your potential returns today!
See All Short Term Rentals Homes For Sale In Storey Drive Orlando
Storey Drive For Rent Inventory
As of January, 2022 (month and year statistics pulled from), the inventory of homes for rent at Storey Drive Resort was 20 (for rent inventory overall).
This low inventory, coupled with the arrival of new local attractions like Universal’s Epic Universe (located 15 minutes from the resort), bodes well for investors looking to capitalize on Orlando’s growing tourism sector.
See All Homes For Rent In Storey Drive Orlando
Rented Homes In Storey Drive
In January, 2022 (month and year statistics pulled from), 20 (rented homes overall) homes were rented at Storey Drive Resort, making it one of Orlando‘s most in-demand vacation lodging locations.
Average Time To Rent A Home In Storey Drive
Average time to rent is one of the most important statistics from the Storey Drive housing market.
Because with mortgage payments, property taxes, and utility bills continuing to roll in, a vacant short-term rental is money down the drain.
Keeping your rental booked is key to your investment success, and with a Storey Drive rental, it’s all but guaranteed.
January, 2022 (month and year statistics pulled from), saw average time to rent sitting at around 27 (average time to rent) days, for fairly stable month-over-month occupancy.
And it’s not hard to see why.
With an exclusive location on International Drive, Storey Drive Resort promises high occupancy and low time to rent throughout the year.
Storey Drive Real Estate Investment
Researching Orlando‘s hottest new short-term rental community, Storey Drive?
Storey Drive Homes for Sale has the data, trends, forecasts, news, and other resources you need to study up.
But we’re more than just your study buddy.
As a proud subsidiary of the Authentic Group, Orlando’s one-stop real estate shop, Storey Drive Homes for Sale is a full-service investment real estate brokerage.
We’re your source for the best selection of homes, at the best prices, in Storey Drive Resort, and the property management services you need to safeguard your investment and take your ROI to the next level.
Meet The Best Storey Drive Resort Property Management Service
Why Should I Buy A Property In Storey Drive Florida?
If you’re looking to take your real estate investment portfolio to the next level, look no further than Storey Drive.
Storey Drive Resort is Orlando’s premier new real estate investment destination.
Here you’ll find top-of-the-line vacation homes near top attractions, and some of Orlando’s only single-family short-term rental homes.
Therefore, when you buy a property in Storey Drive, you can expect high occupancy, high average rates, and high appreciation.
And as always, with Storey Drive Homes for Sale, you can expect a great deal on your home.
See All Homes For Sale In Storey Drive Orlando
Storey Drive Real Estate Market News
Want to stay up-to-date on developments from the Storey Drive real estate market?
Sign up for our exclusive waiting list today for the latest news about Orlando’s most exciting new community.
Storey Drive Real Estate Market Forecast
Orlando is growing, and Storey Drive Resort arrives just in time.
With Orlando’s most exclusive location, and a low inventory of homes, Storey Drive home values and rental rates are set to grow alongside Orlando‘s growing tourist- and residential populations.
Storey Drive Real Estate Market Historical Data
The Storey Drive housing market statistics tell us how Storey Drive real estate is performing now, and how it’s expected to perform in the future.
But we can also use the market data to see how we got here.
Despite the impact of the COVID-19 pandemic, the Storey Drive market continued to gain strength in 2021.
Average interest rates ended the year at just 3.86%, making the market accessible to most investors.
Inventory, meanwhile, remained at a low 100 homes, driving up prices.
So to review, the market data can help us make a more informed investment.
But only Storey Drive Homes for Sale can help you get a great deal on your Storey Drive investment home.