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

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

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 …

Sunbridge, A Breath of Fresh Air Meets Lake Nona

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Lake Nona is located roughly 25 minutes east of International Drive, and formally inside Orlando city limits. The Lake Nona community is home to some of Orlando’s top sports, entertainment, and dining activities. As one of the fastest-growing and most innovative communities in America, the 17-square-mile area is well-known for its groundbreaking innovations around technology, mobility, and wellbeing. Enter, Sunbridge. …

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 …

eXp Continues Global Expansion With Three New International Locations Planned in First Quarter of 2022

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Company to Establish Real Estate Brokerage Operations in the Dominican Republic, Greece and New Zealand  BELLINGHAM, Wash. — Jan. 20, 2022 — eXp Realty®, the fastest-growing global real estate brokerage in the world and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced plans to expand its real estate operations into the Dominican Republic, Greece and New Zealand …