Orlando Real Estate

Orlando Real Estate May 2018

June 15th, 2018 10:50 AM by David W. Welch

The inventory of #OrlandoRealEstate listed as active is down about 15% compared to a year ago. The decline in homes available for sale really showed up in nearly a 12% drop in sales compared to May of 2017. The lack of inventory combined with strong demand pushed prices up more than 7% last month. The median sales price climbed from $218,000 a year ago to $234,000 last month.

Here is a brief video breakdown of last month's results courtesy of the Orlando Regional Realtor Association.

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on June 15th, 2018 10:50 AM

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