Orlando Market Minutes – August 2021
Real Estate Market Stats for The Orlando Metropolitan Area
Published September 15, 2021 for August 2021 Sales
Orlando Regional REALTORS® Association Report
During the month of August 2021, the Orlando Housing Marking inventory experienced a significant drop compared to the same month last year. However, the median price and sales increased. A total of 3,999 homes sold during the month, a tally that is 13% more than the 3,539 sales in the same month during 2020.
The median price of an Orlando home sold in August 2021 was $320,000, which is a 16% increase compared to the same month last year.
The limited number of homes available 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 39%. Compared to last month, there are 3% more properties available. There are currently 3,638 homes listed for sale.
Are you looking to buy or sell? We have sold almost 1,100 homes as a team since 2007. We know how to navigate this market, writing winning offers for our buyers and getting above list and even appraised value for our sellers.
Call us today at (407) 564-2758 or fill out our customer inquiry form below and someone from our team will be in touch.
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