Orlando, Florida Home Sales
A total of 1,805 homes were sold during the month of November 2024. That is 9% less than the 1,996 sales in November 2023. There were 1,805 sales in November, down 13.4% from 2,085 sales in October.
Median Home Price
The median home price for November was recorded at $380,000, down from $388,990 in October.
Inventory of Homes for Sale
Inventory for November was recorded at 11,604, up 2.2% from October when inventory was recorded at 11,357.
The market slowly settled over the last 12 months, and we now have what we consider a ‘balanced market’ for the first time in many years. As it nears the end of 2024, expect sales to cool as families focus on the holiday season, then ramp back up as we move toward springtime. Now is the perfect time to connect with local REALTOR® to discuss real estate goals for 2025. Start planning to take advantage of this balanced market’s exciting opportunities for buying or selling in the year ahead.
