Does Orlando housing data signal a market slowdown?
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🚨 Orlando Housing Market Update: Shifting Gears 🚨 This week's housing report shows a significant change in the market! 📉 Single-family home sales took a major dive, dropping from 501 last week to 331 this week. 📈 More homes are available! Single-family inventory jumped by 78, reaching a total of 7,449. 📉 Condo, townhome, and villa sales also declined, falling from 148 to 120. ⏱️ Homes are spending a bit more time on the market: Single-family homes: Average of 34 days Condos: Average of 71 d
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FacebookOrlando Regional REALTOR® Association
🌪️Orlando Housing Update: A Surprising Twist (Week of August 25th) Key Highlights: ⬆️Strong Sales Activity: The market continues to thrive, with a total of 649 homes (Single family homes, condos, townhomes, villas) sold during the week (Up from 544 in the previous week). ⬆️Single-Family Homes: Sales surged to 501, up from 424 the previous week. SFH median prices have slightly declined from an average of $429,700 in the previous week to $420,000. (The Twist) Condos, Townhomes, and Villas: Sales
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