Orlando Florida Home Sales
Published September 16, 2022, for August 2022 Sales
The Orlando Regional REALTOR Association dropped its newest State of the Market update.
Inventory & Sales Overview
During the month of August 2022, the Orlando housing market inventory experienced an increase compared to the same month last year. In addition, the median price increased while sales decreased. A total of 3,324 homes sold during the month, a tally that is 17% less than the 3,999 sales in the same month during 2021.
Median Home Price
The median price of an Orlando home sold in August 2022 was $377,750, which is an 18% increase compared to the same month last year.
Homes Available for Sale
The limited number of homes available for sale in Orlando is still a challenge for buyers. Compared to the same month in 2021, the number of homes on the market increased by 86%. Compared to last month, there are 4% more properties available. There are currently 6,762 homes listed for sale. Whether you’re looking to buy, sell, or rent, contact a realtor today so you can get moving.