Orlando Florida Home Sales
Published April 16, 2022, for March 2022 Sales
The Orlando Regional REALTOR Association dropped its newest State of the Market update. It is good news!
During the month of March 2022, the Orlando Housing Market inventory experienced a significant drop compared to the same month last year. However, the median price increased while sales decreased. A total of 4,100 homes sold during the month, a tally that is 4% less than the 4,068 sales in the same month during 2021.
Median Home Price
The median price of an Orlando home sold in March 2022 was $361,000, which is a 27% increase compared to the same month last year.
Inventory and Market Demand
The limited number of homes available for sale in Orlando is still a challenge for buyers. Compared to the same month in 2021, the number of homes on the market decreased by 14%. Compared to last month, there are 7% more properties available. There are currently 2,478 homes listed for sale.