The median price of an Orlando Home is $149,625 finished out the year and up 22% since 2012. Housing demand remains strong and is expected as inventory increases, and less sellers under water. Interest rates still remain low, new construction opportunities are growing. Short sales and foreclosure closing are decreasing while, normal sale closing are increasing. Its a great time to buy Orlando Real Estate.
- Average Interest Rate: 4.57%
- Inventory: 9,421
- New Listings: 2,833
- New Contracts: 2,353
- Under Contract: 6,026
- Back on the Market: 693
- Expired Listings: 586
- Withdrawn: 787
- Sales Closed: 2,376
- Days on Market: 69
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