Orlando sales heat up as the summer homebuying season kicks in Encouraged by continued low interest rates and a favorable economy that is drawing droves of new residents to Orlando, area homebuyers pushed sales into positive territory for the month of May. Home sales jumped by nearly 11 percent compared to May 2018, which is
Orlando’s housing market cools in advance of summer After 93 months of consecutive year-over-year increases in median price, the Orlando housing market saw its first decline in April. The decrease was only 1% but it comes at the start of our traditional summer selling season, which typically sees jumps in both median price and sales.
Orlando’s median home price and inventory maintain upward pattern in March The Orlando housing market enjoyed a 2% increase in median price for the month of March, while year-over-year inventory rose 5% and experienced its fifth consecutive month of increase. Sales dropped 11% compared to last year.
Orlando’s median home price and inventory rise while sales decline in February The Orlando housing market saw its median price continue a years-long upward trek with an economically healthy 3 percent year-over-year increase in February. Sales again dipped and inventory increased for the fourth consecutive month, just in time for the start of Orlando’s homebuying
Orlando inventory jumps as sales slip and median price hangs tight The Orlando housing market in January saw its third consecutive month of year-over-year increases in the number of homes available for purchase, along with a 14 percent slide in sales and a 1 percent increase median price.
Orlando housing market closes out 2018 with an increase in annual median price, decrease in annual sales Orlando’s annual median home price for 2018 is 6 percent higher than 2017, while cumulative sales finished the year at 3 percent below 2017.
Orlando inventory inches upward while median price strides ahead The number of homes available for purchase in the Orlando area has experienced its first year-over-year increase since July of 2015, with the November 2018 overall inventory showing a 1.7 percent bump over November 2017. In addition, Orlando’s median price increased 4 percent and sales decreased
Inventory plunge slows as median price continues rising and sales tip downward The drain of homes available for purchase in Orlando decreased to its slowest pace this year, with October showing just 2.3 percent fewer homes on the market than the same month in 2017. Meanwhile, Orlando’s median home price continued on its upward march
Orlando home prices, sales rise as inventory continues to slip in September One year after Hurricane Irma threw a wrench into the Orlando housing market, data from the Orlando Regional REALTOR® Association shows positive September-to-September comparisons for both sales and median price. Inventory, however, stayed on its year-over-year downward slide.
Orlando median home price continues to gain amid sales slowdown The year-over-year median price for Orlando homes sold during the month of August continued on its years-long upward trajectory, albeit at a slower pace as dwindling inventory takes its toll on sales.