Orlando Florida Home Sales
Published August 16, 2022, for July 2022 Sales
The Orlando Regional REALTOR Association dropped its newest State of the Market update.
During the month of July 2022, the Orlando housing market inventory has increased compared to the same month last year. In addition, the median price increased while sales decreased. A total of 3,309 homes sold during the month, a tally that is 21% less than the 4,183 sales in the same month during 2021.
Median Home Price
The median price of an Orlando home sold in July 2022 was $380,900, which is a 19% 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 increased by 85%. Compared to last month, there are 20% more properties available. There are currently 6,518 homes listed for sale. Whether you’re looking to buy, sell, or rent, contact a realtor today so you can get moving.