May 21st, 2019 9:49 AM by alan Martin
Real Estate News
According to the Orlando Regional REALTOR® Association the median price, after 93 months of consecutive increases, has seen its first decline in April. Although only a 1% decline, it comes at the beginning of the summer selling season. The number of homes sold also decreased 2% in April with inventory remaining low. Orlando only has a 2.38 month supply of homes for sale making this a seller’s market. The good news is that April has seen a 2% increase of available homes for sale. Condos have seen the largest rise in inventory with a 20% increase in condos available for sale in April.
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.