Orlando Market Minutes – October 2021
Real Estate Market Stats for The Orlando Metropolitan Area
Published November 15, 2021 for October 2021 Sales
Orlando Regional REALTORS® Association Report
During the month of October 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 3,760 homes sold during the month, a tally that is 3% more than the 3,634 sales in the same month during 2020.
The median price of an Orlando home sold in October 2021 was $325,000, which is a 20% 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 42%. Compared to last month, there are 7% fewer properties available. There are currently 3,406 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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