Orlando Florida Home Sales

As summer faded and fall rolled in, the Greater Orlando housing market showed signs of seasonal adjustment. In this update on Orlando Florida Home Sales September 2023, we take a closer look at declining sales, a tight inventory, and a modest bump in prices.

September 2023 Sales Overview

Orlando saw 2,558 home sales in September 2023, which is 6% fewer than the 2,717 sold in September 2022. The dip reflects a typical seasonal slowdown, with many buyers having wrapped up moves before the school year began.

Median Home Price

The median price nudged up to $370,000, a 1% increase over the same month last year. That subtle gain indicates price stability, even as buyer activity cooled and inventory shifted slightly.

Inventory of Homes for Sale

There were 6,758 homes on the market in September—2% fewer than in August, yet 11% more than the same time in 2022. While active listings are higher year-over-year, supply remains tight enough to keep the market competitive.

Fall Market Vibe

September’s numbers suggest a more relaxed market heading into Q4. Buyers may benefit from less competition, while sellers can lean on continued price stability to draw interest. Whether you’re moving now or planning ahead, it’s a good time to keep an eye on the market.

ORRA’s Complete Market Report

For a deeper look into local trends and historical context, browse ORRA’s full State of the Market Report, which includes the latest 13 months of data and more.