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

Ben Market Updates, Orlando Homes, Orlando Housing Market Snapshot, Orlando Market Pulse, Orlando News, ORRA, Real Estate News Leave a Comment

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

Ben Market Updates, Orlando Homes, Orlando Housing Market Snapshot, Orlando Market Pulse, Orlando News, ORRA, Real Estate News Leave a Comment

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 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 …

Orlando Sales and Median Price Record Increases as Housing Market Awaits Impact from COVID-19

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Orlando’s housing market in March saw its home sales improve by nearly 2% compared to March 2019, while the median price increased by 8%.  Inventory experienced a year-over-year decline of 10%. Experts point out that we will have to wait another month to see solid evidence of the influence of the COVID-10 pandemic in Orlando’s home sales statistics.  Because of …