Wednesday, May 15, 2013

Orlando Housing Market Report - April 2013

Orlando inventory level of homes remains critically low, 16% lower than last year,  causing a strong demand in quality properties and competitive buying among buyers, and sellers are getting full priced offers.  The median price of a home has increased 24% to $145,000 since last year.   Decreasingly, the average days on the market is 76 and lowest since 2006.

  • Average Mortgage Rate: 3.49%
  • Inventory 7,202
  • New Listings 3,852
  • New Contract 3,435
  • Under Contract 8,785
  • Sales Closed 2,689
  • Days on Market 76
If you are considering buying an Orlando Home but are not finding what you are looking for contact us at to explore your options.