Decline in Orlando’s sales, inventory help stabilize home-price growth Prospective homebuyers will be cheered to learn that the rocketing rise in prices Orlando has seen over the past years stabilized this summer in the healthy single-digits. For the last three months, the year-over-year median price has increased between 6 and 7 percent.
Orlando’s meager inventory continues to stifle sales, drive up prices up The inventory of homes available for purchase in the Orlando area displayed its greatest percentage of decrease yet in 2018, contributing to a second consecutive month of slower sales. However, buyer demand is continuing to boost the area’s median price.
Orlando home prices rise in May as sales and inventory tumble The inventory of homes available for purchase in the Orlando area dropped to its lowest point this year in May, dampening sales at the time when buyers traditionally ramp up their efforts to secure and move into a new home in time for the
Orlando home sales and median price both rise in April Orlando’s median home price jumped more than 10 percent when compared to April of last year while sales saw an increase of more than 8 percent. Inventory declined by nearly 11 percent compared to this time last year, which contributes to our current 2.31 months-of-supply
Orlando home sales hold steady, median price rises in March Orlando’s median home price rose 6 percent in March when compared to March of last year while sales held steady with a slight 1 percent increase, reports the Orlando Regional REALTOR® Association. Inventory declined by nearly 10 percent compared to this time last year.
Orlando median home price jumps 10 percent in February Orlando’s median home price rose more than 10 percent in February when compared to February of last year while sales held steady with a 1 percent increase. Inventory declined by nearly 9 percent compared to this time last year.
Orlando Median Home Price Jumps 13 percent in January Orlando’s median home price continued along its upward trajectory in January while sales held steady with a 0.5 percent increase compared to January of 2017, reports the Orlando Regional REALTOR® Association.
Orlando housing market ends 2017 with increases in both cumulative sales and median price Orlando home sales completed during 2017 finished out at 37,198, which is 3.8 percent above the cumulative sales total of 35,829 for 2016. By comparison, annual sales in 2016 were 1.9 percent greater than in 2015. In addition, Orlando’s annual median
Orlando home sales, median price both rise in November Sales of Orlando homes posted positive increases in November, an indicator that the housing market has recovered nicely from closing delays caused by Hurricane Irma, reports the Orlando Regional REALTOR® Association. Sales increased by 8 percent in November when compared to the same month last year.
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. Sales increased by 7 percent in October when compared to October of last year, and increased by 14 percent when compared to last