Hurricane Irma contributes to September drop in Orlando home sales Hurricane Irma helped drive Orlando’s home sales down by nearly 20 percent in September compared to September of last year, reports the Orlando Regional REALTOR® Association. In addition, sales decreased by almost 30 percent when compared to last month.
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. Inventory continued its year-over-year slide and is down 15 percent compared to July 2016.
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. Inventory continued its year-over-year slide but registered the smallest decline this year: 14 percent.
Sales and median price increase as interest rate dips during peak home buying season Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7.4 percent. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1.2 percent increase
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
Sales activity versus available inventory drive 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.
Orlando median price jumps 11 percent while sales hold steady, inventory plummets The Orlando housing market experienced a 10.8 percent increase in median price and a 0.3 percent increase in sales in February amid a 21 percent decline in the number of homes available for purchase.
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 housing market ends 2016 with increases in cumulative median price and sales Orlando’s 2016 annual median price ($200,000) is a healthy 12.0 percent higher than the 2015 annual median price ($178,500), thanks to another 12 months of year-over-year price increases. Sales for 2016 finished out at 35,780 and squeaks in at 1.8 percent above
Orlando home sales, median price increase along with mortgage rate in November Orlando home sales experienced a 7 percent year-over-year jump in November, along with an 9 percent increase in median price. The average interest rate paid by an Orlando homebuyer is November is 3.82 percent, up from 3.57 percent.