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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …