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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.

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

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.

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.

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

The Orlando Regional REALTOR® Association has released a list of area candidates that it, Florida REALTORS®, and the National Association of REALTORS® are supporting for election to public office on August 30. The REALTOR® organization recommends candidates who are sensitive to issues related to real estate, homeownership, and private property rights

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.