The Orlando Market
During November, Orlando home prices and sales were once again on the rise, while the number of homes available for sale fell 11% compared to the same time last year.
The median price of a home in Orlando in November was $224,000, which is up more than 11% as compared to last November.
A total of 2,735 homes sold during the month, which is an increase of 8% compared to November 2016.
Orlando home buyers continue to be challenged by the limited inventory of homes for sale. Only 8,294 homes are currently available for sale, which equates to a 3-month supply of homes in Orlando for November.
For the complete ORRA report, including all the statistics and an excellent analysis, see ORRA Real Estate Market Report.
Are you thinking about selling your home and moving? We can apply this information and your local market data to value the price of your home to buyers. Learn more about us, and a special offer, by visiting http://www.JeanScottHomes.com/LearnMore.
If you’re looking to buy, we can help you compete strategically for the limited inventory of quality, well-priced homes on the market. Call us today at 407-765-2912 to schedule your free, no-obligation buyer consultation.