In February, Orlando’s housing market saw another leap in median price and a slight increase in home sales compared to February 2017. The overall number of homes available for purchase fell once again. The annual median price of a home in Orlando in February was $228,000, which is a 10% jump compared to February 2017. A total of 2,497 homes sold during the month – a marginal increase of 1% compared to last year. The limited number of homes available for sale in Orlando remains a significant challenge for would-be buyers who have limited options to select from compared to February 2017. The number of homes on the market has dropped by 9% with only 7,706 homes currently available for sale.
For the full report, please visit ORRA Market Pulse
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.