Orlando Real Estate Market Statistics for May 2014 shows inventory of homes up 50% over last years so their are more choices for home buyers. Home prices are up and affordability index is getting higher as well. The median price of a home is up 14% compare to this time last year at $165,000. Despite prices rising the interest rates are still great! If you are in the market to purchase a home, do not go it alone, take an experienced buyers agent to guide through all the choices and complexities of Orlando Real Estate.
- Average Mortgage Rate: 4.16%
- Inventory: 10,098
- New Listings: 4,693
- New Contracts: 3,275
- Under Contract: 7,407
- Back on Market: 824
- Expired: 310
- Withdrawn: 921
- Sa;es Closed: 2,651
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