Orlando Regional – Current Market Data – Updated June 2017

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 in the number of homes available in May compared to April.