Orlando Florida Home Sales
Published March 15, 2021 for February 2021 Sales
During the month of February 2021, the Orlando housing market inventory experienced a significant drop compared to the same month last year. However, the average price and sales increased. A total of 2,995 homes sold during the month, a 19% increase compared to the 2,521 sales in February 2020.
Median Home Price
The median price of an Orlando home sold in February 2021 was $280,000, which is a 12% increase compared to the same month last year.
Inventory and Market Demand
The limited number of homes for sale in Orlando is still a challenge for buyers. Compared to the same month in 2020, the number of homes on the market decreased by 50%. Compared to last month, there are 19% fewer properties available. There are currently 3,420 homes listed for sale.
Call to Action
For more information, see the Orlando Regional REALTORS® Association fully detailed Market Pulse Report, published every month on or shortly after the 15th of each month.
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