Found 2 blog entries tagged as Central Florida Real Estate Market.

Central Florida Real Estate Recap of February 2024

New Orlando Regional REALTOR® Association data shows a Rise in the Median Home price.

State of the Market

  • Overall sales rose 26.5% from January to February. There were 2,174 sales in February, up from 1,719 sales in January. This comes after eight months of falling sales.
  • The median home price for February was recorded at $377,000, up from $360,000 in January. This comes after three months of falling median home price.
  • Pending sales increased by 17.8%, with 3,303 in January and 3,891 in February.
  • New listings rose 7.8% from January to February, with 3,799 new homes on the market in February, compared to 3,524 in January.
  • Inventory for February was…

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Central Florida Real Estate Market Recap of July 2022

The Median home price has fallen for the first time in 6 months, with a decrease of 1.6% compared to June.

July 2022 Recap

State of the Market

  • The median home price for July 2022 was recorded at $380,900, a decrease of 1.6% compared to June. This is the first time in six months that the median home price has fallen.
  • Inventory jumped by 19.9% in a single month, from June to July – that's 1,081 more homes for sale. This is the third straight month of double-digit inventory increases.
  • Looking at May-July of this year compared to the same period last year, inventory has risen 67.38%. There has been an average of 2,121 more homes on the market this summer…

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