ORLANDO HOUSING MARKET SNAPSHOT FOR DECEMBER 2021

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State of the Market December’s median home price was recorded at $340,000, closing the year with the highest median home price ever recorded. Overall sales in December increased by 4.26% with 3,820 sales. Homes spent an average of 31 days on the market in December, up slightly from November 2021 when the average was 28. Inventory noticeably dropped in December, …

ORLANDO HOUSING MARKET SNAPSHOT FOR NOVEMBER 2021

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State of the Market November’s median home price was recorded at $330,000, a new record high and increasing once again after October’s median home price was recorded at $325,000. Overall sales in November dropped by 2.55%, with a total of 3,664 sales. Homes spent an average of 28 days on the market in November, up slightly from October 2021 when …

ORLANDO HOUSING MARKET SNAPSHOT FOR OCTOBER 2021

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State of the Market October’s median home price was recorded at $325,000, increasing once again after a slight drop in September to $318,000. Orlando saw a 10-month steady increase in the median home price prior to September when the record high hit $320,000 in July (maintained in August). Overall sales in October dropped by 0.77%, with a total of 3,760 …

ORLANDO HOUSING MARKET SNAPSHOT FOR SEPTEMBER 2021

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State of the Market Orlando’s median home price dropped by $2,000 from last month. September’s median home price was recorded at $318,000, down a slight drop from the record high of $320,000 set in August 2021. The median home price has steadily been increasing over the last 11 months when it was recorded at $269,950 in October 2020. Overall sales …

Orlando Housing Market Snapshot for August 2021

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State of the Market Orlando’s median home price remained unchanged in August 2021 from the prior month – a record-high $320,000. The median price is 16% higher than August 2020’s $275,000. Sales fell for a second straight month this summer. In August 2021, sales dropped 4.4% from the previous month. Homes spent just 25 days on the market in August …

Orlando Housing Market Snapshot for July 2021

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State of the Market Orlando’s median home price reached $320,000 in July 2021, continuing a six-month trend of record-setting prices. The increase is 18.5% from July 2020, when the median home price was $270,000. Sales fell 5.2% in July 2021 compared to the previous month; however, they have spiked 13.7% from July 2020. The time homes are spending on the …

Orlando Housing Market Report – September 2020

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Orlando Housing Market Report – September 2020 Low Inventory of Homes for Sale Continues to Drive Up Orlando Area Home Prices Orlando-area homes continue to fly off the market this fall, as inventory remains tight, according to a new report from the Orlando Regional REALTOR® Association. Monthly housing report data from September 2020 reveals fewer homes and higher prices than …

Orlando Housing Market Report – August 2020

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A spring of paused transactions have propelled an upswing in buyer activity that continued in August and sent Orlando area home sales into positive territory for the second consecutive month. Orlando’s median price also continued on its upward path, while inventory again fell to a new low. “Lack of inventory — not lack of buyer activity, as you would expect …

Orlando Housing Market Report – July 2020

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Orlando’s housing market in July saw a surge in buyer activity that tipped home sales back into the black after three months of precipitous year-over-year declines caused by the COVID-19 pandemic. The median price of homes sold in Orlando continued on its upward path, while inventory fell to its lowest level this year. Data provided by the Orlando Regional Realtor …

Orlando Housing Market Report – June 2020

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Orlando home sales are surging despite the region’s continuing struggle with COVID-19. A new report from the Orlando Regional REALTOR Association® shows that home sales skyrocketed in June, up nearly 46% from May. The number of homes for sale continues to be an issue, as June inventory experienced a decline of 19% when compared to June of 2019. Data provided …