Orlando Florida Home Sales
The Greater Orlando housing market held steady in November, according to the latest data. In this edition of Orlando Florida Home Sales November 2023, we cover prices, inventory trends, and how the market performed heading into the holiday season.
November 2023 Sales Summary
A total of 1,996 homes were sold in November 2023—identical to the number of sales recorded in November 2022. This flat year-over-year performance reflects a stable demand even as buyers and sellers started shifting focus toward the holidays.
Median Home Price
The median home price climbed to $375,000 in November, a 4% increase from the same month last year. Despite unchanged sales numbers, rising prices highlight strong buyer interest in a still-competitive market.
Inventory of Homes for Sale
Inventory rose to 8,227 homes on the market—a 14% increase from October and 5% higher than this time last year. While more listings are available, supply is still relatively tight compared to what’s considered a balanced market.
Market Insights
November’s performance suggests that while activity levels are stable, upward price movement and rising inventory are shaping a market that favors sellers but gives buyers more to work with than earlier in the year.
ORRA’s Complete Market Report
To explore the full data set and long-term trends, view ORRA’s State of the Market Report, which covers the past 13 months with historical archives dating back five years.