Listings are spending an average of just 29 days on the market, a new post-2007 Recession low.
June 2021 Recap
State of the Market
- Median home prices in the Orlando area reached a new high in June 2021: $315,000. That is a 5% increase from the previous month and a 19% increase over June 2020, when the median home price was $265,000.
- Sales increased 14% from May to June of this year, as the number of new listings continues to rise. This is on par with nationwide trends noted by the National Association of REALTORS®.
- Listings are spending an average of just 29 days on the market, a new post-2007 Recession low.
- Inventory is rising, as more houses are listed for sale. However, there was only .7 months of supply in