Central Florida Real Estate Market Recap - August 2021
Posted by Florida Realty Marketplace on
Orlando’s median home price remained unchanged in August 2021 from the prior month – a record-high $320,000
August 2021 Recap
State of the Market
- Orlando’s median home price remained unchanged in August 2021 from the prior month – a record-high $320,000. The median price is 16% higher than August 2020’s $275,000.
- Sales fell for a second straight month this summer. In August 2021, sales dropped 4.4% from the previous month.
- Homes spent just 25 days on the market in August 2021, which is a record low. That is half the time homes spent on the market during the same month in 2020.
- For a fourth straight month, inventory increased, after reaching its lowest point in April 2021. This is in line with national trends…
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