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 …

Sink Your Paws into This! $34M Animal Services Building Coming Near the Mall at Millenia!

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A new major development is coming soon near the Mall of Millenia. The Orange County Government is on the search for a design firm to undertake a planned 70,000 – 80,000 square foot Animal Services building at 2769 Conroy Road near the Mall at Millenia. Why is this necessary you ask? Since 2017, an effort to replace the original building …

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 …

Breathing Art into Downtown’s Newest High-Rise Plans!

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Art can be found throughout the City Beautiful, in a variety of ways that touches the mind of the creative, to the wandering eyes of a passer-by. Art is expressed in the subtlety of our fashion, the words we use to express ourselves, the way we tell stories and how we choose to immortalize our thoughts through physical manifestation. Downtown …

ORRA Breaks Ground on Future Headquarters

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ORRA Takes Serving Central Florida to New Levels! There are some BIG changes coming soon by the Orlando Regional REALTOR® Association (ORRA). The groundbreaking announcement has been made that the organization’s new headquarters is in the works and would be conveniently located off I-4, near Lee Road. If you are not familiar, the Orlando Regional REALTOR® Association is one of …

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 Area Residential Real Estate Snapshot for May 2021

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State of the Market Median home prices in the Orlando area are now at their highest in ORRA’s recorded history. In May 2021, the median home price was $300,000, up 15% from May 2020. While inventory is on the rise for the first time since September 2020, listings in May 2021 spent only 36 days on the market – the …