Orlando Florida Home Sales
Here’s your November snapshot of the Greater Orlando housing market. In this update on Orlando Florida Home Sales November 2024, we take a look at how prices, inventory, and buyer activity shifted heading into the holiday season.
November 2024 Sales Summary
A total of 2,462 homes were sold in November 2024, down 5.2% from October’s 2,596 sales. Compared to November 2023, sales were also slightly lower, reflecting a modest seasonal slowdown and some buyer hesitation as mortgage rates remained elevated.
Median Home Price
The median home price for November held steady at $380,000, unchanged from October. This consistency signals continued buyer confidence and a balanced market where neither buyers nor sellers have a clear upper hand.
Inventory of Homes for Sale
Inventory for November came in at 10,484 homes, a 2.2% decrease from October’s 10,716. Lower inventory is typical as the year winds down, and many sellers wait until the new year to list. Still, the available homes provide good opportunities for motivated buyers.
Market Momentum
Despite cooler temps and holiday distractions, many buyers remained engaged in November. Pending sales remained strong, and stable prices helped keep momentum going. If you’re considering a move, now could be a great time to explore with less competition in the market.
ORRA’s Complete Market Report
ORRA’s State of the Market Report has the full breakdown for the past 13 months. Whether you’re buying, selling, or tracking trends, it’s a must-read for anyone keeping an eye on the Orlando real estate market.
📅 Central Florida Home Sales by Month
Want to explore recent market shifts month-by-month? Here’s a snapshot of the latest Central Florida home sales reports, updated monthly.
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