Orlando real estate market statistics - April 2015

By
Real Estate Agent with Sand Dollar Realty Group, Inc. BK627826

The Orlando Florida real estate housing statistics for April 2015 have been released by the Orlando Regional Realtor Association.  Here is a direct link to the full MLS statistics details. These numbers are for Orange County and Seminole County in Florida and show properties sold via the MLS.  They do not include for sale by owner FSBO, courthouse auction, builder sales, or other non-MLS sales.

Month            Inventory          New Listings       New Pendings      Closed Sales    Median Price

Apr 2014             10,647                 4401                      3604                       2698                 $162,500

Feb 2015             11,446                 3922                      3072                       2457                 $164,900

Mar 2015            11,529                 4418                      3244                       3132                 $177,100

Apr 2015             11,725                 4508                      3303                       3031                 $175,000

The market continues to stabilize.  Inventory has remained stead around the 11 to 12,000 mark for about 8 months now.  The number of new listings and new pendings remain stable as well.  The gap between those 2 numbers hovers around the 1200 mark which is a little high but deals are definitely closing.

Closed sales remain strong.  Orlando solds have been over 3000 properties for 2 months in a row.  We have not seen 3000 solds since June 2010 when the federal tax credit/stimulus for first time buyers expired.  We now have a 3.9 month supply of homes available for sale. (11,725 inventory / 3,031 sales = 3.9 months' supply).  We are in a seller's market which will hopefully continue throughout 2015. The Orlando market is reasonably healthy for both buyers and sellers right now.

Prices continue to climb.  The median price of $175,000 which is a fantastically high number - the 2nd highest price we have seen since the 2008 market crash.   

You can read another detailed analysis from the Orlando Realtors at this link. If I can help you buy or sell your property, please contact me or one of our agents and we will take great care of you and your real estate needs in Central Florida.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Orange County Orlando
Groups:
Orlando Real Estate
Central Florida
Florida Real Estate Market Reports
Seminole County Florida
Florida Real Estate Investors
Tags:
orlando real estate market
orlando real estate market statistics

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
99,710
The Julie Morales Team
RE/MAX Cinco Ranch - Katy, TX
Real Estate Questions? Call (832) 367-3412

Sounds like the market is back on track! It is definitely a seller's market.

May 19, 2015 08:28 AM #1
Rainmaker
2,726,343
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Rob - Thanks for the very good stats on Orlando real estate market for April 2015.

May 19, 2015 09:16 AM #2
Rainmaker
3,246,891
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Rob

The April 2015 Orlando Florida remains very strong.

Good luck and success.

Lou Ludwig

May 25, 2015 12:20 PM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,016,321

Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
Ask me a question
*
*
*
*
Spam prevention

Additional Information