ORRA HOUSING MARKET REPORT - APRIL 2018

Posted by Keene's Pointe Realty on Monday, May 21st, 2018 at 12:30pm.

Orlando home sales and median price both rise in March

Orlando’s median home price jumped more than 10 percent in April when compared to April of last year while sales likewise saw an increase of more than 8 percent, reports the Orlando Regional REALTOR® Association. Inventory declined by nearly 11 percent compared to this time last year.

The overall median price of Orlando homes (all types combined) sold in April is $237,000, which is 10.3 percent above the April 2017 median price of $215,000 and 3.0 percent above the March 2018 median price of $230,000. 

Year-over-year increases in median price have been recorded for the past 82 consecutive months; as of April 2018, the overall median price is 105.19 percent higher than it was back in July 2011. >>Read More

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