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CENTRAL FLORIDA

MONTHLY HOUSING MARKET UPDATES

  

 

 

These days, the Central Florida real estate market is ever-changing - on nearly a daily basis.  Right now, short sales, foreclosures and bank owned properties dominate the marketplace. But are they really a good deal?  Are prices going down or up?  How much inventory is out there?  What is the average price of a home here in Central Florida?  What are the latest trends?

During the month, many various organizations send us information, opinions and editorials and statistical data specific to the Central Florida real estate marketplace.

Each month we compile, edit, and interpret the various pieces sent to us and condense them into a report which we hope you will find useful.

 


The Orlando Florida Regional Housing Update April 2019

There were 3,127 closings (actual sales from MLS listings) in March, a 11.5% decrease from a year ago.  This marks the fifth month


The Orlando Florida Regional Housing Market Update March 2019

There were 2,402 closings (actual sales from MLS listings) in February, a 5.4% decrease from a year ago.  This marks the fourth month in a row


The Orlando Regional Housing Market Update February 2019

Inventory has increased over the past month to 8,243 from 7,782 in December, a 4.7% increase. This also represents an 8.4% increase in housing units available over this time last year.  One year ago there were 7,604 available.  Two year


The Orlando Florida Regional Housing Update January 2019

This issue includes a 2018 Sales and Price Recap at the end of this report.  Inventory decreased to August 2018 levels from 8,432 units in November to 7,782 in December – a 6.6% decrease. Despite this decrease, this


The Orlando Florida Regional Housing Monthly Update November 2018

Inventory rose again this this month by 2.2% over last month from 8,092 units to 8,272 this month.  The number has not been at this level since sometime in November of 2017.  However, this is still


The Orlando Florida Regional Housing Market Update October 2018

There were 2,768 closings (actual sales) in September, a 8.5% increase from a year ago, but down a whopping 18.1% from last month.  Single family home sales increased 7.6% and condo sales were up


The Orlando Regional Housing Market Update September 2018

The median (usually close to the average) price of all homes sales rose 2.7% from a year ago to


The Orlando Florida Regional Housing Update August 2018

Of the sales in July, 96.4% were normal, arms-length transactions – indicative of a normal housing market as it relates to the quality of buyers.  Sales of existing homes in the entire Orlando MSA were down 3.4% from a year ago.  Year to date, sales are


Orlando Florida Regional Housing Market Update June 2018

There were 3,407 closings (actual sales) in May, down 11.4% from a year ago but


Orlando Florida Regional Housing Update May 2018

There were 3,347 closings (actual sales) in April, up 8.03% from a year ago and down 5.2% from last month.    Single family home sales increased


The Orlando Florida Regional Housing Market Update April 2018

At a 99.1% overall increase, the overall median price is now just shy of doubling since July 2011.  The year over year median price for a single family home increased 6.4% as compared to last year to $249,900. Condos posted an increase of 19.4% over last year to


The Orlando Florida Regional Housing Market Update March 2018

There were 2,495 closings (actual sales) in February, up .6% from a year ago and up 11.0% from last month.  Single family home sales decreased 1.0% and condo sales were down 7.3% compared to a year ago.  Of the sales in January, 94.4%


The Orlando Florida Regional Housing Market Update February 2018

There were 2,225 closings (actual sales) in January, up .5% from a year ago but down 26.9% from December 2017. Single family home sales decreased .5% and condo sales were down 5.6% compared to a year ago. Of the sales in December, 93.6% (2,082) were normal,


The Orlando Florida Regional Housing Market Update January 2018

The median (usually close to the average) price of all homes sales rose 10.3% from a year ago to $230,000, and a 2.2% increase from last month.  Seventy-six of the past 77 months have seen year-over-year price increases in the Orlando MSA.    However,


The Orlando Florida Regional Housing Market Update November 2017

A year ago the unadjusted inventory was 10,025 and two years ago it was 11,441. For further comparison:  In December of 2008, there were 22,524 on the market. In March 2013, which was where inventory bottomed out, there were only 6,937.  

Single family home inventory is down 12.5% from a year ago, and the condo inventory is down by 28.2%.   


The Orlando Florida Regional Housing Market Update October 2017

Hurricane Irma had some impact upon the Orlando, Florida area real estate market in September.  Sales were delayed due to power outages and the inability to bind insurance resulting in more than one thousand fewer closings in September vs. August.  Inventory numbers were altered as


The Orlando Florida Regional Housing Market Update September 2017

There were 3,544 closings (actual sales) in August.  This is up 2.7% from a year ago and 4.8% higher than the previous month. Single family home sales increased 1.3% and condo sales were up 2.9% compared to a year ago.  Of the sales in July, 94.2% (3,340) were normal, arms-length transactions. Short sales


The Orlando Florida Regional Housing Market Update August 2017

There were 3,347 closings (actual sales) in July – another slight decrease of .2% from last month, and down 13.8% from a year ago. Single family home sales decreased .9% and condo sales were up 6.1% compared to a year ago.   Of the sales in July, 94.0% (3,145) were normal, arms-length


The Orlando Florida Regional Housing Market Update July 2017

There are now 9,141 homes on the market in the Orlando area – a gain of 4.1% from last month – but still


Orlando Florida Regional Housing Update June 2017

There were 3,817 closings (actual sales) in May – an increase of 23.5% from last month, and up 14.0% from a year ago.   Single family home sales increased 13.2% a.....



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 4/19/24 11:11 AM) |
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New Southern Properties Inc.
4300 West Lake Mary Blvd
Bldg 1010, #415
Lake Mary, FL 32746
Phone: 321-262-6162
Email: CLICK HERE