TAMPA MARKET STATISTICS

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Pinellas County Statistics – single-family homes sold for the same median price in January 2023, as they did in January 2022. Median Prices of Townhouses & Condos – In January 2022, prices were $254,500. However, in January 2023, prices are now $279,900 indicating a 10% increase. Inventory for Single Family Homes grew by 132.4%. Inventory in January 2022 reflected 762 homes for sale, however, …

ORLANDO HOUSING MARKET SNAPSHOT FOR AUGUST 2022

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State of the Market The median home price for August 2022 was recorded at $377,750, a slight decrease of 0.8% compared to July’s median home price, $380,900. This is the second month in a row that the median home price has fallen. Inventory rose 3.7% in August, from 6,518 to 6,762. This is the fourth straight month of inventory increases. …

ORLANDO HOUSING MARKET SNAPSHOT FOR JULY 2022

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State of the Market The median home price for July 2022 was recorded at $380,900, a decrease of 1.6% compared to June. This is the first time in six months that the median home price has fallen. Inventory jumped by 19.9% in a single month, from June to July – that’s 1,081 more homes for sale. This is the third …

ORLANDO HOUSING MARKET SNAPSHOT FOR JUNE 2022

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State of the Market Inventory increased by 41.2% from May 2022 to June 2022, with 1,586 more homes on the market in June compared to May. This is the second month in a row with a surge in inventory, following May’s increase of 44.2%. Inventory increased by 75.5% from June 2021 to June 2022, jumping from 3,098 homes in June …

ORLANDO HOUSING MARKET SNAPSHOT FOR MAY 2022

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State of the Market Inventory increased by 44.2% from April 2022 to May 2022, with over 1200 additional homes hitting the market in May compared to April – this is the highest monthly increase in Orlando inventory to date May’s median home price was recorded at $379,950, an increase of 2.7% compared to $370,000 in April 2022; this sets a …

ORLANDO HOUSING MARKET SNAPSHOT FOR APRIL 2022

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State of the Market April’s median home price was recorded at $370,000, an increase of 2.5% compared to $361,000 in March 2022; this sets a new record high for the third month in a row. Interest rates increased by 17.6% from 4.2% in March 2022 to 4.9% in April 2022. This is a 66% increase compared to April 2021 when …

ORLANDO HOUSING MARKET SNAPSHOT FOR MARCH 2022

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State of the Market March’s median home price was recorded at $361,000, an increase of 4.6% compared to $345,000 in February 2022. This sets a record high for the second month in a row. Interest rates increased by 8.7% from 3.9% in February 2022 to 4.2% in March 2022. Overall sales in March increased by 28.2%, with a total of …

ORLANDO HOUSING MARKET SNAPSHOT FOR FEBRUARY 2022

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State of the Market February’s median home price was recorded at $345,000, an increase of 2.99% compared to January 2022 and setting a new record high, surpassing December 2021’s record high of $340,000. The median home price in February 2021 was $280,000. Overall sales in February increased by 5.44%, with a total of 3,198 sales compared to 3,033 sales in …

ORLANDO HOUSING MARKET SNAPSHOT FOR JANUARY 2022

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State of the Market January’s median home price was recorded at $335,000, a slight decrease of 1.47% following December 2021’s record high of $340,000.   Overall sales in January dropped by 20.6%, with a total of 3,033 sales compared to 3,820 sales in December 2021.   Homes spent an average of 32 days on the market in January, up slightly from December …

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, …