Decline in available inventory sends Orlando median home price soaring 15 percent in June The median price of Orlando homes sold during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory. “Orlando’s inventory has now seen 12 consecutive months of...
market update
Orlando home sales increase 3 percent as median price continues upward march and climbs 12 percent The median price of Orlando homes rose 12 percent year-over-year in September, while sales increased by 3 percent. The supply of homes available for purchase in the Orlando area slid downward by 10 percent. “Orlando area inventory currently rests at 10,362 homes, which is...
Orlando home sales bounce back one month after Hurricane Irma Sales of Orlando homes posted positive increases in October, just one month after Hurricane Irma hit the pause button on housing transactions, reports the Orlando Regional REALTOR® Association. Sales increased by 7 percent in October when compared to October of last year, and increased by 14 percent when compared to...
Orlando home sales increase 2 percent as median price jumps 11 percent in January The Orlando housing market experienced increases in both median price and sales in January, while the pool of homes available for purchase shrank by 21 percent in comparison to January of last year. Orlando’s overall median home price (all home types combined) is $199,000, which...
Orlando median home price jumps 11 percent as sales hold steady and inventory plummets The Orlando housing market experienced increases in both median price and sales in February, while the inventory of homes available for purchase shrank by 21 percent in comparison to February of last year. “We are headed into peak homebuying season with high demand but significantly fewer...
Sales activity versus available inventory drives Orlando's supply of homes to its lowest point since 2013 Buyer activity during the month of March pushed the supply of homes available for purchase in Orlando to just 2.48 months’ worth, the lowest since May of 2013 and swinging the market pendulum further towards favoring sellers. Housing economists consider six months of supply...
Orlando median home price continues upward climb as sales and inventory dip Orlando home sales declined 4 percent in April compared to April of 2016, in large part the result of sustained declines in the number of homes available for purchase. Orlando’s skimpy inventory also continued to push prices upwards, with the area’s year-over-year median home price again hitting a double-digit...
Sales and median price increase as interest rate dips during Orlando's homebuying season Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7 percent, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1 percent increase...
Orlando median price rises as home sales slow in July The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide. Orlando’s overall median home price (all home types combined) is $220,000, which is 6.8...
Orlando median price, sales on the rise as inventory slide decelerates The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year: 14 percent. Orlando’s...
