Orlando home sales jump 7 percent; median price rises 14 percent as inventory continues downward slide Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred despite yet another 10 percent decrease in inventory, which continues to contribute to
Orlando median price jumps 12 percent amid declines in both inventory and sales The inventory of homes available for purchase in the Orlando area dropped by 9.91 percent in July 2016, contributing to a 6.28 percent decrease in sales and a 12.04 percent increase in median price when compared to July 2015.
Decline in available inventory sends Orlando median home price soaring 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. Sales decreased by 3 percent when compared to June 2015, but increased by
Orlando home sales rise 7 percent, median price jumps 12 percent to $203,000 The median price of Orlando homes sold during the month of May increased more than 12 percent compared to May 2015 and crossed the $200,000 mark for the first time since August 2008. In addition, sales showed a year-over-year increase of nearly
Orlando home inventory declines 11 percent in April, driving median price upward and stalling sales The median price of Orlando homes shot up nearly 10 percent in April compared to April 2015, while sales increased about two percent. Both the rise in values and the sluggish movement in sales continue be influenced by the area’s
Orlando’s home buying season kicks off with a decline in inventory, increase in median price The traditional start the home buying season in Orlando April 1 finds buyers continuing to grapple with a swindling inventory that in March pushed home prices up 10 percent and restrained sales by 4 percent.
Orlando median price continues upward trek as buyer demand for homes outstrips inventory The inventory of Orlando homes available for purchase took another 7 percent tumble in February, slowing year-over-year sales and driving a double digit increase in median price. The overall median price for the month of February 2016 is $185,000, a 12.19 percent
Inventory declines drive Orlando home sales down, squeeze median price up The median price of Orlando homes sold in January increased nearly 14 percent of January of 2015, amid an inventory level that has seen year-over-year decreases for the last seven months. The current lack of inventory is also having an impact on sales: ORRA
Orlando housing market ends 2015 with a 15 percent increase in annual sales; 9 percent increase in median price Orlando’s 2015 median price ($178,788) finished a healthy 9.02 percent higher than the 2014 annual median price ($164,000), thanks to a full 12 months of year-over-year price increases. Sales for 2015 finished 15.46 percent above the
Orlando median price rises 10 percent; sales drop 3 percent Home sales in the Orlando area slipped 3 percent in November, as the inventory of available properties dropped for the fifth consecutive month. At the same time, the median home price rose 10.30 percent in November compared to November 2014. The Orlando median home price