Keyword Analysis & Research: orlando florida real estate market

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Frequently Asked Questions

How competitive is the Orlando real estate market?

According to the national real estate brokerage, Redfin, the Orlando housing market is very competitive. In November 2021, Orlando home prices were up 16.0% compared to last year, selling for a median price of $325K. On average, homes in Orlando sell after 14 days on the market compared to 18 days last year.

Is Orlando a buyer’s or sellers market?

This shows that Orlando is a seller's real estate market having low inventory combined with lots of buyers looking for properties. A hot market would lead to a faster sale at or above the asking price. Although buying a home in a strong seller’s market can be difficult, it’s still possible to secure a deal.

What is the median price of a house in Orlando?

The median list price of homes in Orlando, FL was $305K, trending up 9.6% year-over-year. The median listing price per square foot was $184. The median sale price was $300K.

How many homes were on the market in Orlando in June 2021?

Listings spent just 29 days on the market in June 2021. That is one full week less than in May 2021. 36 distressed homes (bank-owned properties and short sales) accounted for .8% of all home sales in June 2021, a decline from the previous month. Orlando area inventory is down 52.8% from 6,557 homes in June 2020 to just 3,098 homes in June 2021.

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