The Orlando Regional REALTOR Association dropped its newest State of the Market update.
During the month of June 2022, the Orlando Housing Marking inventory experienced an increase compared to the same month last year. In addition, the median price increased while sales increased. A total of 3,946 homes sold during the month, a tally that is 14% less than the 4,414 sales in the same month during 2021.
The median price of an Orlando home sold in June 2022 was $387,000, which is a 23% increase compared to the same month last year.
The limited number of homes available for sale in Orlando is still a challenge for buyers. Compared to the same month in 2021, the number of homes on the market increased by 76%. Compared to last month, there are 41% more properties available. There are currently 5,367 homes listed for sale.
Are you looking to buy or sell? We have sold almost 1,100 homes as a team since 2007. We know how to navigate this market, writing winning offers for our buyers and getting above list and even appraised value for our sellers.
Call us today at (407) 564-2758 or fill out our customer inquiry form below and someone from our team will be in touch.
State of the Market Video
Enjoy this short video and learn about the State of the Market in the Greater Orlando area for June 2022.
Published July 16, 2022, for June 2022 Sales
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