Orlando Real Estate

Orlando Real Estate March 2018

April 16th, 2018 3:23 PM by David W. Welch

#OrlandoRealEstate inventory continues to slowly decline, holding back stronger sales. Last month, the number of sales was only up about 1% compared to a year ago. The continued strong demand for homes in Orlando pushed the median price up to $230,000. That is up about 6% compared to last March. We are in the heat of the spring selling season, and homes are selling about as fast as they are coming on the market. Even with over 4,400 new listings last month, the total number of homes available for sale was up by just four properties to 7,710 over the prior month. Please take a look at this brief video from the Orlando Regional Realtor® Association with a breakdown of the market report for March 2018.

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on April 16th, 2018 3:23 PM


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