Orlando Florida Home Sales

The leaves weren’t the only thing shifting in October—so was the Orlando housing market. In this edition of Orlando Florida Home Sales October 2023, we explore rising inventory, steady prices, and a modest dip in sales activity across the Greater Orlando region.

October 2023 Sales Snapshot

A total of 2,429 homes were sold in October 2023, down 11% from the 2,716 homes sold in October 2022. While year-over-year activity softened, the market remains stable and continues to adjust to the pace of fall.

Median Home Price

The median sales price reached $377,000—up 3% from the same time last year. This subtle but steady increase reflects sustained buyer demand, especially for homes that are well-priced and move-in ready.

Inventory of Homes for Sale

Buyers in October had more to choose from. Inventory rose 10% over the previous month and 16% year-over-year, with 7,813 homes actively listed. This continued growth in available homes gives buyers a bit more leverage, though competition remains healthy.

Market Perspective

October’s mix of price growth and increased supply sets a balanced tone heading into the holidays. For buyers, more options mean better chances of finding a good fit. For sellers, pricing competitively is key in a market that’s steadily broadening.

ORRA’s Complete Market Report

Dive into more detail by visiting ORRA’s full State of the Market Report, featuring 13 months of local housing trends and insights going back five years.