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Orlando median home price continues upward climb as sales and inventory dip
Orlando home sales declined 4 percent in April compared to April of 2016, in large part the result of sustained declines in the number of homes available for purchase. Orlando’s skimpy inventory also continued to push prices upwards, with the area’s year-over-year median home price again hitting a double-digit increase.
Sales activity versus available inventory drive Orlando’s supply of homes to its lowest point...
Buyer activity during the month of March pushed the supply of homes available for purchase in Orlando to just 2.48 months’ worth, the lowest since May of 2013 and swinging the market pendulum further towards favoring sellers. Housing economists consider six months of supply to indicate a market that is balanced between buyers and sellers.
Orlando median home price jumps 11 percent as sales hold steady and inventory plummets
The Orlando housing market experienced increases in both median price and sales in February, while the inventory of homes available for purchase shrank by 21 percent in comparison to February of last year.
Orlando home sales increase 2 percent as median price jumps 11 percent in January
The Orlando housing market experienced increases in both median price and sales in January, while the pool of homes available for purchase shrank by 21 percent in comparison to January of last year.
Orlando home sales, median price increase along with mortgage rate in November
The Orlando Regional REALTOR® Association is one of the largest local trade associations in the state of Florida, with more than 12,000 members in Orange, Seminole, and the surrounding counties.
Orlando median price continues its upward trend as sales and inventory slip
The median price of Orlando area homes rose 14 percent year-over-year in October. Meanwhile, sales decreased 8 percent as inventory took its greatest year-over-year tumble in 2016 and dropped by 12 percent
Orlando home sales increase 3 percent as median price continues upward march and climbs...
The median price of Orlando homes rose 12 percent year-over-year in September, while sales increased by 3 percent. The supply of homes available for purchase in the Orlando area slid downward by 10 percent.
Orlando home sales jump 7 percent; median price rises 14 percent as inventory continues...
Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price.
Orlando median price jumps 12 percent amid declines in both inventory and sales
The inventory of homes available for purchase in the Orlando area dropped by 10 percent in July 2016, contributing to a 6.28 percent decrease in sales and a 12.04 percent increase in median price when compared to July 2015. Inventory has experienced 13 consecutive months of year-over-year declines
Orlando median price continues upward trek as buyer demand for homes outstrips inventory
The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price.
