Orlando median price continues upward trek as buyer demand for homes outstrips inventory in February The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price.
January 2016 Housing Market Released February 15, 2016 Median Price *The median price of all existing homes combined sold in January 2016 — $176,500 — is a 13.87 percent increase from the $155,000 median price recorded in January 2015, and a 4.59 percent decrease compared to December 2015.
Orlando Housing Report – Market ends 2015 with a 15 percent increase in annual sales; 9 percent increase in median price Orlando’s 2015 median price ($178,788) finished a healthy 9.02 percent higher than the 2014 annual median price ($164,000), thanks to a full 12 months of year-over-year price increases. Sales for 2015 finished 15.46 percent […]
NAR October 2015 | By Lawrence Yun Home sales are outpacing last year’s sales, but tight inventories and mortgage underwriting continue to weigh on the market. First-time buyers are slowly emerging but make up just 30 percent of buyers, down from historical norms of around 40 percent.
ORLANDO, Fla., Nov. 12, 2015 – Florida’s housing market reported more closed sales, higher median prices, a tighter inventory and fewer days on the market during the third quarter of 2015, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 74,141 in 3Q 2015, up 14.7 percent […]
Florida Real Estate Market Update Sept 2015 What’s happening in Florida’s housing market? Real estate is a vital part of the economy in the Sunshine State, and Florida Realtors® serves as the voice for real estate in Florida. In this Market Minute, Florida Realtors® Chief Economist Dr. John Tuccillo keeps you up-to-date on the state’s […]
September 2015 Orlando Housing Market Report Thursday, October 15, 2015 Orlando home sales increase 3 percent; median price rises 9 percent Following a record-breaking summer of home sales and with school now back in session, Orlando’s housing market took its traditional August-to-September breather. Regardless, sales in September were more than 3 percent higher than in […]
Orlando consumers chased the traditional summertime homebuying wave to its tail end and racked up 22 percent more home sales in August of 2015 than in August of 2014. Buyer demand also helped swell the median home price by 11 percent, which marks the greatest month-over-month percentage increase this year.
Orlando’s summertime sales stampede continued through July, which saw closings of existing homes increase more than 33 percent, reports the Orlando Regional REALTOR® Association. In addition, the area’s median price experienced yet another rise in July, marking 48 consecutive months of year-to-year increases. The July 2015 median price is now 59.20 percent higher than in […]
A leap in “normal” transactions has boosted Orlando area home sales more than 21 percent over June 2014 and to its highest number (3,435) since the Orlando Regional REALTOR® Association began recording sales. In addition to skyrocketing sales, the median price for existing homes sold in June increased 7.73 percent.
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Zillow-5-Star-Premier-Agent-Jayesh Khatri
