September 2015 Orlando real estate market statistics

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

The Orlando Florida real estate housing statistics for September 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

Sept 2014             12,316                4017                      2666                      2770                  $167,100

July 2015             11,819                 4302                      2971                      3566                  $183,300

August 2015        11,661                4006                      2828                       3195                  $181,000

Sept 2015             11,533                3702                      2389                       2857                  $182,000

The market continues to stabilize.  Inventory has remained stead around the 11 to 12,000 mark for about a year 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.  September sales are less than during the summer month but higher than they were a year ago. We now have a 3.5 month supply of homes available for sale. (11,533 inventory / 2,857 sales = 4.0 months' supply).  We are in a 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 again to just 67 days.  

Prices continue to climb slightly.  The median price of $182,000 is the 2nd highest price we have seen since the 2008 market crash.   (The highest price was in July.)

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 Seminole County Altamonte Springs
Groups:
Orlando Real Estate
Florida Rain Makers
Florida Real Estate Market Reports
Seminole County Florida
Florida Real Estate Investors
Tags:
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Rainmaker
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David Alan Baker Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

Thanks for posting.  I always enjoy seeing what other agents are doing for their posting of real estate stats.  This is good stuff.

Oct 19, 2015 06:53 AM #1
Rainmaker
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Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Raleigh - Cary Triangle Real Estate 919-602-8489

Rob, I read Orlando is the best place to invest in Real Estate. I can see why, those are some low average prices. You seem to have less homes available for sale than we do. 

Oct 25, 2015 10:49 AM #2
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Rainmaker
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Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
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