Real Estate Market Stats for The Orlando Metropolitan Area
Published March 15, 2021 for February 2021 Sales
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They are right here, Central Florida Homes Are Significantly Undervalued.
Orlando Regional REALTORS® Association Report
During the month of February 2021, the Orlando housing market inventory experienced a significant drop as compared to the same month last year. However, the average price in sales, increased.
A total of 2,995 homes sold during the month; that’s 19% more than the 2,521 sales done in February 2020. The median price of an Orlando home sold in February 2021 was $280,000, which was a 12% increase compared to the same month last year.
The limited number of homes for sale in Orlando is still a challenge for buyers. Compared to the same month in 2020, the number of homes in the market decreased by 50%. Compared to last month, there are 19% fewer properties available. There are currently 3,420 homes listed for sale.
For more information, see the Orlando Regional REALTORS® Association fully detailed Market Pulse Report, published every month on or shortly after the 15th of each month.
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