Orlando Real Estate

Orlando Real Estate
Helping Orlando Home Owners and Home Buyers Since 1997 - #OrlandoRealEstate

Author: David Welch

Orlando Real Estate Market June 2020

Sales were off by 9% compared to a year ago, but new contracts climbed nearly 14%. Inventory plummeted by 19% compared to last year, leaving us with just barely a two month supply of inventory of homes available for sale. Prices were up 6% compared to a year ago indicating strong demand for homes in […]

Orlando Real Estate Market April 2020

Sales and inventory were down as expected as buyers and sellers followed ‘safer at home’ orders. We saw a 28% decline in sales compared to a year ago, while inventory dropped only 3%. The median sales price jumped 12%. My thought is that buyers in lower price ranges were disproportionately effected by furloughs and layoffs. […]

Orlando Real Estate Market March 2020

COVID-19 stay at home orders are in effect for Orlando, Orange, Seminole and Osceola Counties and the state of Florida, but it was business as usual here in The City Beautiful for March 2020. Sales were up just 2%, and prices rose nearly 8%, while the inventory of homes available for sale dropped almost 10% […]

Orlando Real Estate January 2020

The number of homes available for sales plummeted by over 1,200 properties compared to a year ago, for a 16% decline. Strong demand saw an increase of more than 300 sales compared to a year ago for a 15% increase. The combination of lower supply and stronger demand pushed the median sales price up 8% […]

Orlando Real Estate Market Report October 2019

The only thing holding #OrlandoRealEstate back is the lack of available inventory in the more affordable price ranges. Sales dropped slightly last month on lower inventory, once again. The strong demand for homes pushed prices up at a very good pace. Check out this short video with a breakdown of the market results for October […]