Orlando’s meager inventory continues to stifle sales, drive up prices

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.

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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 start of school. That demand is continuing to squeeze prices upward.
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Orlando home sales and median price both rise in March

Orlando’s median home price jumped more than 10 percent in April when compared to April of last year while sales likewise saw an increase of more than 8 percent, reports the Orlando Regional REALTOR® Association. Inventory declined by nearly 11 percent compared to this time last year.
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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.
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Orlando median home continues upward trend with 10 percent increase in February

Orlando’s median home price rose 10 percent in February when compared to February of last year while sales held steady with a 1 percent increase, reports the Orlando Regional REALTOR® Association. Inventory declined by nearly 9 percent compared to this time last year.

The overall median price of Orlando homes (all types combined) sold in February is $228,000, which is 10.4 percent above the February 2017 median price of $206,500 and 1.3 percent above the January 2018 median price of $225,000.
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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.

The overall median price of Orlando homes (all types combined) sold in January is $225,000, which is 12.6 percent above the January 2017 median price of $199,900 and 2.2 percent below the December 2017 median price of $230,000.
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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 according to the Orlando Regional REALTOR® Association 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. Read more

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. Read more

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, reports the Orlando Regional REALTOR® Association. Sales increased by 7 percent in October when compared to October of last year, and increased by 14 percent when compared to last month. Read more

Hurricane Irma contributes to September drop in Orlando home sales

Hurricane Irma helped drive Orlando’s home sales down by nearly 20 percent in September compared to September of last year, reports the Orlando Regional REALTOR® Association. In addition, sales decreased by almost 30 percent when compared to last month. Read more