Orlando Florida Home Sales

July brought steady prices and slower movement across the Greater Orlando real estate market. In this edition of Orlando Florida Home Sales July 2023, we highlight how the market held its ground on pricing, even as inventory and sales pulled back.

July 2023 Sales Overview

There were 2,852 homes sold in July 2023, down 14% from the 3,309 sales recorded in July 2022. This decline reflects a typical mid-summer cooldown, as some buyers pause after the peak early summer rush.

Median Home Price

The median home price held firm at $380,000—unchanged year-over-year. That price stability points to continued buyer confidence, even as affordability challenges and higher interest rates linger.

Inventory of Homes for Sale

There were 5,720 homes on the market in July, down 12% from June but still 5% higher than July of last year. Despite the slight year-over-year increase, available inventory remains tight, keeping buyers on their toes.

Market Pulse

While activity has slowed from the spring surge, the Orlando market remains resilient. Buyers will want to act quickly on well-priced listings, and sellers who price strategically can still attract solid offers in a competitive landscape.

ORRA’s Complete Market Report

Want to dig deeper into the numbers? Check out ORRA’s full State of the Market Report, which includes data from the past 13 months and longer-term trends.