Orlando home sales (all home types and all sales types combined) in November 2017 were up 8.4 percent when compared to November of 2016 and down 6.4 percent compared to October 2017.
*Orlando’s market currently favors sellers, particularly within the lower (under $300,000) price categories, which are in very high demand. Indicators of a seller’s market include: declining inventory, rising sales, rising prices, and a very low months-of-supply statistic.
*The median price of all existing homes combined sold in November 2017 – $224,000- is an 11.4 percent increase from the $201,000 median price recorded in November 2016, and a 2.3 percent increase from the October 2017 median price of $219,000.