Published September 16, 2022, for August 2022 Sales
The Orlando Regional REALTOR Association dropped its newest State of the Market update.
During the month of August 2022, the Orlando housing market inventory experienced an increase compared to the same month last year in addition the median price increased while sales decreased by a total of 3,324 homes sold during the month a tally that is 17 less than the 3,999 sales in the same month during 2021.
The median price of an Orlando home sold in August 2022 was $377,750 which is an 18 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 2021 the number of homes on the market increased by 86 percent compared to the last month there are four percent more properties available there are currently 6,762 homes listed for sale whether you’re looking to buy sell or rent contact a realtor today so you can get moving
