The Orlando Market
For the complete ORRA report, including all the statistics and an excellent analysis, see ORRA Real Estate Market Report.
In January, Orlando’s Housing Market saw another leap in median price and a slight increase in home sales compared to January 2017. The overall number of homes available for purchase fell once again. The annual median price of a home in Orlando in January was $225,000, which is a 13% jump compared to January 2017. A total of 2,225 homes sold during the month – a marginal increase of .5% compared to last year. The limited number of homes available in Orlando remains a significant challenge for would-be buyers who have limited options to select from. Compared to January 2017, the number of homes on the market has dropped by 11%, with only 7,604 homes currently available for sale.
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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.