Central Florida Real Estate Market Recap of July 2022
Posted by Florida Realty Marketplace on
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…
2281 Views, 0 Comments