Orlando Market Minutes | March 2021
Real Estate Market Stats for The Orlando Metropolitan Area
Published April 15, 2021 for March 2021 Sales
Orlando Regional REALTORS® Association Report
During the month of March 2021, the Orlando housing market inventory experienced a significant drop compared to the same month last year. However, the average price and sales increased. A total of 4,268 homes were sold during the month, a tally that is 33% more than the 3,204 sales in the same month in 2020.
The median price of an Orlando home sold in March 2021 was $285,000, which is a 12% 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 61%. Compared to last month, there are 16% fewer properties available. There are currently 2,878 homes listed for sale, with only a three-week supply.
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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