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 …

At A Glance: BLH Team In Person Work Day

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At A Glance – Ben Laube Homes Team In Person Work Day | Orlando Real Estate | Florida Realtors What is team in person workday? Is it a property tour? Does it involve using social media? Is networking a factor? Check out our newest real estate video, where we give you a behind-the-scenes look into our team’s in person work …

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, …

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 …