Orlando real estate market statistics - June 2015

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

The Orlando Florida real estate housing statistics for June 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

June 2014            11,518                4267                      2701                       2834                 $168,500

Apr 2015             11,725                 4508                      3303                       3107                 $175,000

May 2015            11,798                 4431                      3197                       3117                 $181,000

June 2015            12,058                4370                      3067                       3435                  $181,500

The market continues to stabilize.  Inventory has remained stead around the 11 to 12,000 mark for about 10 months now.  The number of new listings and new pendings remain stable as well.  The gap between those 2 numbers hovers around the 1300 mark which is a little high but deals are definitely closing.

Closed sales remain very strong.  June boasted the highest number of closed sales that we have seen since the association started reporting statistics back in 2004 - a new record in sales.  We now have a 3.5 month supply of homes available for sale. (12,058 inventory / 3,435 sales = 3.5 months' supply).  We are in a strong seller's market which is generally a good thing. It is somewhat challenging though for buyers because everything priced right is selling quickly.  Days on market has reduced down to just 67 days.  

Prices continue to climb slightly.  The median price of $181,500 is the 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.

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Topic:
Real Estate Market Trends
Location:
Florida Orange County Orlando
Groups:
Orlando Real Estate
Florida Real Estate Market Reports
Seminole County Florida
Florida Real Estate Investors
Tags:
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real estate market statistics orlando

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Rainmaker
863,526
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Rob Arnold - I love to read how the market is doing in other parts of the country. Your OC is acting similar to west coast's OC. Inventory is up as well as home prices. We also saw a surge in closed sales last month.

Jul 16, 2015 07:02 AM #1
Rainmaker
3,206,311
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Rob, Orlando does indeed look strong. Low average days on market and low supply may not be a terrible thing. Enjoy your day!

Jul 16, 2015 09:13 PM #2
Rainmaker
3,247,037
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Rob

Orlando Florida is an active real estate market.

Good luck and success.

Lou Ludwig

Jul 17, 2015 12:22 PM #3
Rainmaker
4,796,627
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Rob.  Thanks for the valuable information about the Orlando real estate market.

Jul 19, 2015 09:08 PM #4
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate the information.

Jul 21, 2015 10:11 PM #5
Rainmaker
1,282,609
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Go info for Orlando buyers and sellers!

Jul 24, 2015 11:42 PM #6
Rainmaker
5,313,632
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Have a most productive summer season.

Many Maryland retirees are moving to Florida.

Jul 26, 2015 01:58 AM #7
Rainmaker
3,143,549
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nice way to get the word out on the Orlando Real Estate Market. Buyers and sellers appreciate this type of info when they are thinking about buying or selling.

Jul 29, 2015 10:00 PM #8
Rainmaker
2,240,256
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Rob. Great job with your report, really important information for anyone considering buying or selling.

Jul 30, 2015 01:45 AM #9
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Rainmaker
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Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
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