January 2016 Housing Market
Released February 15, 2016

Median Price

*The median price of all existing homes combined sold in January 2016 — $176,500 — is a 13.87 percent increase from the $155,000 median price recorded in January 2015, and a 4.59 percent decrease compared to December 2015.
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Orlando Housing Report – 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 cumulative total sales for 2014. Read more

NAR October 2015 | By Lawrence Yun

Home sales are outpacing last year’s sales, but tight inventories and mortgage underwriting continue to weigh on the market. First-time buyers are slowly emerging but make up just 30 percent of buyers, down from historical norms of around 40 percent. Read more

ORLANDO, Fla., Nov. 12, 2015 – Floridas housing market reported more closed sales, higher median prices, a tighter inventory and fewer days on the market during the third quarter of 2015, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 74,141 in 3Q 2015, up 14.7 percent over the 3Q 2014 figure.
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What’s happening in Florida’s housing market? Real estate is a vital part of the economy in the Sunshine State, and Florida Realtors® serves as the voice for real estate in Florida. In this Market Minute, Florida Realtors® Chief Economist Dr. John Tuccillo keeps you up-to-date on the state’s latest housing statistics and provides insight into what the numbers reallymean.

September 2015 Orlando Housing Market Report

Thursday, October 15, 2015

Orlando home sales increase 3 percent; median price rises 9 percent

Following a record-breaking summer of home sales and with school now back in session, Orlando’s housing market took its traditional August-to-September breather. Regardless, sales in September were more than 3 percent higher than in September of last year. Read more

 

Orlando consumers chased the traditional summertime homebuying wave to its tail end and racked up 22 percent more home sales in August of 2015 than in August of 2014. Buyer demand also helped swell the median home price by 11 percent, which marks the greatest month-over-month percentage increase this year. Read more

Orlando’s summertime sales stampede continued through July, which saw closings of existing homes increase more than 33 percent, reports the Orlando Regional REALTOR® Association. In addition, the area’s median price experienced yet another rise in July, marking 48 consecutive months of year-to-year increases. The July 2015 median price is now 59.20 percent higher than in July 2011. Read more

A leap in “normal” transactions has boosted Orlando area home sales more than 21 percent over June 2014 and to its highest number (3,435) since the Orlando Regional REALTOR® Association began recording sales. In addition to skyrocketing sales, the median price for existing homes sold in June increased 7.73 percent. Read more

In recent months, real estate professionals have reported an upswing in a particularly insidious wire scam.

A hacker will break into a licensee’s e-mail account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an e-mail to the buyer, posing either as the title company representative or as the licensee. Read more