Team NRGFL's Oviedo, FL Market Update for May 2016 is now posted.

Below is a list of the recent stats. 

Number of closed sales: 119
Average Sold Price: $310,822
Number of Active Listings: 210
Average Number of Days on the Market: 41 Days
Average Price/Sqft: $131
Average Interest Rate: 3.60%

In addition to an increase in the average sales price compared to last year, Oviedo is also noticing a huge growth in new home construction. There are now over 6 large home builders that are breaking ground in Oviedo. 

More updates to come.