Orlando Florida Home Sales
The latest housing data is in, and we’re breaking down the numbers for Greater Orlando in this edition of Orlando Florida Home Sales February 2024. Sales dipped slightly while inventory and prices both climbed—let’s take a closer look.
February 2024 Sales Summary
A total of 2,174 homes were sold during February 2024, a 3% decrease from the 2,240 sales recorded in February 2023. While year-over-year sales declined slightly, the month still showed solid activity overall as the spring season approached.
Median Home Price
The median home price rose to $377,000 in February, a 5% increase from the same month last year. This continued rise in prices reflects a strong seller’s market and ongoing buyer competition, particularly in popular neighborhoods.
Inventory of Homes for Sale
There were 8,589 homes on the market in February, up 5% from January and a substantial 55% increase compared to February 2023. The rising inventory offers buyers more choices, although supply still lags behind what’s considered a fully balanced market.
Market Takeaway
With prices climbing and more listings hitting the market, buyers are starting to see better options—but competition remains. As we head into spring, expect activity to pick up even more across the Orlando metro area.
ORRA’s Complete Market Report
To explore deeper trends and historical context, check out ORRA’s full State of the Market Report, covering the past 13 months and beyond.
📅 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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