Orlando Florida Home Sales
Here’s your fall market update for the Greater Orlando area. This report on Orlando Florida Home Sales September 2024 covers the latest numbers and trends as the summer season wrapped up and buyers began adjusting for fall routines.
September 2024 Sales Summary
In September, 2,717 homes were sold across the metro area. That’s a 9.1% drop from August’s 2,989 sales, which is expected as activity generally tapers off after summer. Compared to September 2023, sales were down slightly, showing a more tempered pace heading into Q4.
Median Home Price
The median home price remained steady at $380,000—unchanged from August. This price plateau could reflect a balancing act between buyer budgets and seller expectations, signaling a shift toward a more neutral market environment.
Inventory of Homes for Sale
Inventory ticked up to 10,624 homes in September, a modest 1.3% increase from August’s 10,486. As more listings come online, buyers continue to gain ground in negotiations, though homes that are priced and presented well are still moving quickly.
Seasonal Dynamics
While fall typically sees a cooldown in buyer activity, the Orlando market continues to hold steady. Motivated buyers are still active, especially those hoping to close before the holidays. Sellers should focus on presentation and smart pricing to stand out as inventory gradually builds.
ORRA’s Complete Market Report
Explore more data in ORRA’s State of the Market Report, which tracks trends over the past 13 months and includes historical data going back five years.