Orlando Regional Realtor® Association reports Home Values up 5% for month of September 2019

Orlando Regional Realtor® Association reports Central Florida median home value up 5% year-over-year in its monthly Market Report. Median value now at $245,000 with sales up 7% year-over-year & ADOM of only 51 days. Inventory hovering near lows of only 2.62 months supply. Data is collected from MLS sales across greater Orlando including Lake, Osceola, Orange & Seminole counties. Full report is available here: October 2019 Market Pulse Report

Orlando Regional Realtor® Association reports home values up 8.7% in August 2019

Orlando Regional Realtor® Association reports home prices up 8.7% in its monthly Market Pulse Report for sales data from August 2019. Sales are about flat year-over-year with inventory levels dwindling at 2.3 months supply of inventory. Average days-on-market at historical low of 49 days. The overall median home value is still about $14,000 below the peak of July 2007 & 106% above the market bottom in January 2011. Full report is available here: Market Pulse Report for data from August 2019

Orlando Regional Realtor® Association reports home values up 5% in July 2019

Orlando Regional Realtor® Association reports home values up 5% year-over-year in its monthly “Market Pulse” report for data from July 2019. The median home value increased to $247,000 in July 2019. Sales also up 7% year-over-year despite dwindling inventory of only 2.2 months supply. Average days-on-market is near historical low of only 49 days. The seller’s market persists with multiple buyers competing for limited supply of inventory. The full report is available here: ORRA Market Pulse Report

Orlando Regional Realtor® Association reports home values up 5% in June 2019

Orlando Regional Realtor® Association reports home values up 5% year-over-year in its monthly “Market Pulse” report for data from June 2019. The median home value increased to $250,000 in June 2019. Inventory remains extremely low with only 2.3 months available, well below a healthy balance of 6 months. Despite the low inventory levels, inventory has seen its 8th consecutive month of increases with a 7% rise year-over-year from June 2018 to June 2019. The full report is available here: July 2019 Market Pulse Report

Orlando Regional Realtor® Association reports home values up 4% in May 2019

Orlando Regional Realtor® Association reports home values up 4% year-over-year in its monthly “Market Pulse” report for data from May 2019. The median home value increased from $233,000 in May 2018 to $243,000 in May 2019. Inventory remains bleak with only 2.1 months available, well below a healthy balance of 6 months. However, condo inventory is leading the Orlando area with a 27% increase in condos available year-over-year. The full report is available here: ORRA Market Pulse Report published June 2019

Orlando Regional Realtor® Assoc. reports first decline in median value in nearly 8 years

Orlando Regional Realtor® Association reports 1st decline in median home value after nearly 8 years of price appreciation, in its monthly “Market Pulse” report for Apr. 2019. Inventory still near record low levels w/ only 2.3 months of supply available. Prices are down only 1% year-over-year with a median home value of $235,000 for Central Florida. The traditional summer selling season is just around the corner & historically, jumps are expected in prices & sales. Central Florida is still overall in a seller’s market, although prices of $600,000 & above are generally favoring buyers. Condos are experiencing the highest increase in sales & prices were up 6% year-over-year. Full report available here: Market Pulse Report for data from April 2019

Orlando Regional Realtor® Association reports 2.2% increase in home values in Mar. 2019

Orlando Regional Realtor® Association reports Central Florida home values up 2.2% year-over-year in its monthly market “Market Pulse” report for data from Mar. 2019. The overall median home value was $235,000 with an average-days-on-market of 62 days. Price increases have been recorded for 93 consecutive months with home values up 103.5% since 2011.

Inventory is hovering near historical lows & showing a slight increase of 5.3% year-over-year. Distressed sales (REO & short sale) are representing less than 4% of total sales.

The full report is available to view here: Market Pulse Report for data from March 2019