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Orlando housing update: Single-family homes receive a boost in sales
The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year with 14 percent
Sales and median price increase as interest rate dips during Orlando’s peak homebuying season
Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7.4 percent, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1.2 percent increase in the number of homes available in May compared to April.
