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July
11
11
ORLANDO'S REAL ESTATE MARKET REPORT
The Orlando's weekly real estate market report provided by the Orlando Regional REALTORS Association shows a decrease of single family homes, condos, townhomes and villas inventory for July 3rd - July 9, 2022 and an increase of median price range for all property categories.
Single-family existing homes
- Sales of single-family homes decreased to 419 during the week of Jul 03, from 767 the week prior
- The median price of single family homes increased to $426,600, a change of 0.4%
- The number of single-family home foreclosure transactions decreased to 2 last week, from 8 the week of Jun 26
- The number of single-family home short-sale transactions remains constant at 1
- Single-family inventory increased by 338, and now sits at 4,431
Sales of condos, townhomes, and villas
- Sales of condos, townhomes, and villas decreased to 142 during the week of Jul 03, from 245 the week prior
- The median price of condos, townhomes, and villas increased to $275,000, a change of 0.9%
- The number of condo, townhome, and villa foreclosure transactions increased to 1 last week, from 0 the week of Jun 26
- The number of condo, townhome and villa short-sale transactions increased to 1 from 0 the week prior
- Condo inventory increased by 47, and now sits at 1,340
Are you considering to sell your property? Give me a call at 407-417-4227 and let's connect!
I'm ready to assist you.