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.
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.