Median Price

*The median price of all existing homes combined sold in May 2016 — $203,000 — is a 12.15 percent increase from the $181,000 median price recorded in May 2015, and a 5.73 percent increase compared to April 2016.

*The median price for “normal” existing homes sold in May is $214,000, an increase of 7.00 percent from the median price of “normal” existing homes in May 2015. Read more

Orlando Housing Market-November 2016  Median Price

*The median price of all existing homes combined sold in November 2016 — $200,000 — is an 8.70 percent increase from the $184,000 median price recorded in November 2015, and is 2.44 percent below the October 2016 median price of $205,000.

*The median price for “normal” existing homes sold in November is $210,000, an increase of 5.00 percent from the median price of “normal” existing homes in November 2015. Read more

Median Price

*The median price of all existing homes combined sold in October 2016 — $205,000 — is a 13.95 percent increase from the $179,900 median price recorded in October 2015, and was unchanged from the September 2016 median price of $205,000. Read more

Median Price

*The median price of all existing homes combined sold in July 2016 — $205,383 — is a 12.04 percent increase from the $183,310 median price recorded in July 2015, and a 0.78 percent decrease compared to June 2016.

*The median price for “normal” existing homes sold in July is $217,000, an increase of 6.90 percent from the median price of “normal” existing homes in July 2015. Read more

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 amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price. Read more

Median Price

*The median price of all existing homes combined sold in June 2016 — $207,000 — is a 15.00 percent increase from the $180,000 median price recorded in June 2015, and a 1.97 percent increase compared to May 2016.

*The median price for “normal” existing homes sold in June is $215,000, an increase of 4.88 percent from the median price of “normal” existing homes in June 2015. Read more

Disney-owned land just west of Walt Disney World at the growing Flamingo Crossings development has a new owner.

Orlando Hotel Groups LLC, a Pembroke Pines-based company doing business as Orlando Gateway Hotel Group LLC, purchased more than 7 acres of a larger 158-acres parcel of land from Flamingo Crossings LLC, an entity related to The Walt Disney Co., said county records. The sale price on the transaction was $9.95 million, based on deed taxes to the county. Read more

Median Price

*The median price of all existing homes combined sold in March 2016 — $195,000 — is a 10.12 percent increase from the $177,075 median price recorded in March 2015, and a 5.41 percent increase compared to February 2016.

*The median price for “normal” existing homes sold in March is $203,970, a tiny decrease of 0.01 percent from the median price of “normal” existing homes in March 2015. Read more

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