Florida real estate market statistics

Each month, we provide the latest Florida real estate market statistics. These stats are intended to help you can make an informed decision about the Florida real estate market before you buy or sell a home in the Florida area. Use our new market snapshot tool for a comprehensive analysis of your home’s value in today’s market, or call us for an analysis of comparable homes sold.

These statistics are for Single Family homes across Florida. If you would like similar statistics for a specific area, property type or price range, please contact us and tell us how we can help. We can provide real estate market statistics for specific regions around Austin.

June 2017

ORRA HOUSING MARKET REPORT - JUNE 2017

  • $222,500 - Was the Median Price for homes sold in June which was a 7% increase from the same time previous year
  • 3,837 - Closed sales in the month of June
  • Sales of single-family homes (3,047) in June 2017 increased by 6.80 percent compared to June 2016, while condo sales (436) increased 8.2 percent
  • The average interest rate paid by Orlando homebuyers in June was 3.98 percent, down from 4.09 percent the month prior
  • The overall inventory of homes that were available for purchase in June (9,141) represents a decrease of 14.0 percent when compared to June 2016, and a 4.1 percent increase compared to last month. There were 12.5 percent fewer single family homes and 21.9 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 2.38-month supply of homes in Orlando for June. There was a 2.99-month supply in June 2016 and a 2.28-month supply last month.

^ Back to top


May 2017

ORRA HOUSING MARKET REPORT - MAY 2017

  • $218,000 - Was the Median Price for homes sold in May which was a 7.4% increase from the same time previous year
  • The median price for single-family homes that changed hands in May increased 6.2 percent over May 2016 and is now $235,000. The median price for condos increased 21.7 percent to $118,000.
  • Sales of single-family homes (3,012) in May 2017 increased by 13.2 percent compared to May 2016, while condo sales (422) increased 15.0 percent
  • The average interest rate paid by Orlando homebuyers in May was 4.09 percent, down from 4.11 percent the month prior
  • The overall inventory of homes that were available for purchase in May (8,781) represents a decrease of 16.8 percent when compared to May 2016, and a 1.2 percent increase compared to last month. There were 16.2 percent fewer single family homes and 22.5 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 2.30-month supply of homes in Orlando for May. There was a 3.15-month supply in May 2016 and a 2.81-month supply last month.

^ Back to top


April 2017

ORRA HOUSING MARKET REPORT - MAY 2017

  • $215,000 - Was the Median Price for homes sold in April which was a 12.0% increase from the same time previous year
  • The median price for single-family homes that changed hands in April increased 11.2 percent over April 2016 and is now $233,500. The median price for condos increased 20.0 percent to $108,000.
  • Sales of single-family homes (2,373) in April 2017 decreased by 4.9 percent compared to April 2016, while condo sales (381) increased 3.0 percent
  • The average interest rate paid by Orlando homebuyers in April was 4.11 percent, down from 4.29 percent the month prior
  • The overall inventory of homes that were available for purchase in April (8,675) represents a decrease of 17.0 percent when compared to April 2016. There were 16.5 percent fewer single family homes and 20.6 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 2.83-month supply of homes in Orlando for April. There was a 3.29-month supply in April 2016 and a 2.46-month supply last month.

^ Back to top


March 2017

ORRA HOUSING MARKET REPORT - MARCH 2017

  • $217,000 - Was the Median Price for homes sold in March which was a 11.3% increase from the same time previous year
  • The median price for single-family homes that changed hands in March increased 10.6 percent over March 2016 and is now $234,900. The median price for condos increased 6.3 percent to $102,000.
  • Sales of single-family homes (2707) in March 2017 increased by 10.6 percent compared to March 2016, while condo sales (405) increased 18.4 percent
  • The average interest rate paid by Orlando homebuyers in March was 4.29 percent, steady from 4.29 percent the month prior
  • The overall inventory of homes that were available for purchase in March represents a decrease of 19.3 percent when compared to March 2016. There were 18.7 percent fewer single family homes and 23.5 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 2.48-month supply of homes in Orlando for March. There was a 3.46-month supply in March 2016 and a 3.41-month supply last month.

^ Back to top


February 2017

ORRA HOUSING MARKET REPORT - FEBRUARY 2017

  • $205,000 - Was the Median Price for homes sold in February which was a 10.8% increase from the same time previous year
  • The median price for single-family homes that changed hands in February increased 12.0 percent over February 2016 and is now $223,100. The median price for condos increased 20.9 percent to $99,750.
  • Sales of single-family homes (1,865) in February 2017 decreased by 0.9 percent compared to February 2016, while condo sales (334) increased 19.3 percent
  • The average interest rate paid by Orlando homebuyers in February was 4.29 percent, down from 4.30 percent the month prior
  • The overall inventory of homes that were available for purchase in February represents a decrease of 20.9 percent when compared to February 2016. There were 21.1 percent fewer single family homes and 23.5 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 3.49-month supply of homes in Orlando for February. There was a 4.43-month supply in February 2016 and a 3.86-month supply last month.

^ Back to top


January 2017

ORRA HOUSING MARKET REPORT - JANUARY 2017

  • $199,000 - Was the Median Price for homes sold in January which was a 10.6% increase from the same time previous year
  • The median price for single-family homes that changed hands in January increased 8.8 percent over January 2016 and is now $216,500. The median price for condos increased 13.6 percent to $99,950.
  • Sales of single-family homes (1,709) in January 2017 decreased by 0.3 percent compared to January 2016, while condo sales (282) increased 14.2 percent
  • The average interest rate paid by Orlando homebuyers in January was 4.30 percent, down from 4.32 percent the month prior
  • The overall inventory of homes that were available for purchase in January represents a decrease of 20.7 percent when compared to January 2016. There were 21.5 percent fewer single family homes and 19.3 percent fewer condos.
  • Current inventory combined with the current pace of sales created a 3.90-month supply of homes in Orlando for January. There was a 5.02-month supply in January 2016 and a 2.87-month supply last month.

^ Back to top