Orlando, Florida Home Sales

The Orlando, Florida real estate market continues to thrive, offering a dynamic landscape for both buyers and sellers. As one of the most sought-after locations in the Sunshine State, Orlando’s housing market is characterized by its vibrant community, diverse neighborhoods, and robust economic growth.

Current Market Trends

The Orlando real estate market in the summer and fall of 2024 has been influenced by several key factors. These include rising inventory, stabilizing home prices, higher interest rates, which are expected to ease in 2025, and persistent demand.

Demand is driven by the approximately 600 people per day, on average, who move to Florida overall. They are attracted by low taxes, great weather, and a thriving economy. 

The market data provided here is courtesy of the Orlando Regional Realtors Association. Their monthy State of the Market report is released on the 15th of the following month. Addtional housing market data, including breakdowns by ZIP Code and county, hostoric data, and a 20 years summary is available. 

Why Choose Orlando?

The appeal of the Orlando, Florida metropolitan area and its surrounding cities extends beyond its famous theme parks and tourist attractions. The city boasts a strong job market, excellent schools, and a variety of recreational opportunities. From the bustling downtown area to the serene suburban neighborhoods, Orlando offers something for everyone. Whether you’re a first-time homebuyer or looking to invest in real estate, Orlando’s diverse housing options cater to a wide range of preferences and budgets.

Tips for Buyers and Sellers

For buyers, it’s crucial to act quickly and make competitive offers. Working with an experienced real estate agent can provide valuable insights and help navigate the fast-paced market.

Sellers, on the other hand, should focus on staging their homes effectively and pricing them competitively to attract serious buyers.

Conclusion

The Orlando, Florida home sales market is vibrant and full of opportunities. Staying updated on market trends and working with knowledgeable professionals can make all the difference in achieving your real estate goals.

We at Jean Scott Homes work in the real estate market every day. We’re happy to provide the information and perspective to help you make the best financial decisions on the purchase and sale of your home.

 

First Time Homebuyer Just Closed on their New Home
First Time Homebuyer Just Closed on their New Home
Kids Love the New Family Home Pool
Kids Love the New Family Home Pool
A Realtor Reviews Closing Documents With Her Homebuyers
A Realtor Reviews Closing Documents With Her Homebuyers.jpg

Orlando, Florida Home Sales – October 2022

During the month of October 2022, the Orlando housing market inventory experienced a significant increase compared to the same month last year in addition the median price increased while sales decreased a total of 2,716 homes were sold during the month a tally of 28 percent less than the 3,760

July 8, 2024