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Real Estate Market Report Orlando in brief

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Fri, Sep 25, 2020 at 2:00PM

Real Estate Market Report Orlando in brief

Single-Family Existing Homes

  • Sales of single-family homes increased to 621 during the week of Sep 13, from 451 the week prior
  • The median price of single family homes increased to $300,000, a change of 1.4%
  • The number of single-family home foreclosure transactions decreased to 5 last week, from 7 the week of Sep 6
  • The number of single-family home short-sale transactions decreased to 3 from 4 the week prior
  • Single-family inventory decreased by 23, and now sits at 4,658

Condos, Townhomes, and Villas

  • Sales of condos, townhomes, and villas increased to 162 during the week of Sep 13, from 120 the week prior
  • The median price of condos, townhomes, and villas decreased to $189,450, a change of -10.8%
  • The number of condo, townhome, and villa foreclosure transactions decreased to 1 last week, from 3 the week of Sep 6
  • The number of condo, townhome and villa short-sale transactions remained constant at 0
  • Condo inventory increased by 29, and now sits at 2,402

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