Orlando real estate market statistics - April 2016

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

The Orlando Florida real estate housing statistics for April 2016 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 2015             11,725                4508                      3303                       3107                  $175,000

Feb 2016             10,696                3918                      2747                       2415                  $185,000

Mar 2016            10,583                4353                      3033                       3058                  $195,000

Apr 2016             10,447                4450                      3157                       3159                  $191,900

Spring is upon us.  The Orlnado real estate market is going full blast.  Inventory continues to creep downward but with plenty of new listings.  Buyers are finding a shortage of inventory to pick from and multiple offers seem to be fairly normal in the under $300,000 price range.   

Closed sales remain strong in spite of the new financing rules.  We now have a 3.3 month supply of homes available for sale. (10,447 inventory / 3,159 sales = 3.3 months' supply).  The market is a strong seller's market and sellers are having few problems selling if they price their property correctly.      

Prices are up almost 10% since April 2015 as the median price increased to $191,900.    

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
Central Florida
Florida Real Estate Market Reports
Seminole County Florida
Florida Real Estate Investors
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orlando real estate market statistics

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Rainmaker
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Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Rob, always enjoy viewing  information on other locations.  Tks for sharing.

May 31, 2016 06:51 AM #1
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for for preparing this report! It is very insightful and well done.  Very informative and most professional!

May 31, 2016 10:48 PM #2
Rainmaker
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Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good morning Rob Arnold ,  Thanks for sharing your Orlando report.  It seems to be the same story here.  Low inventory and plenty of Buyers.

Jun 04, 2016 11:53 PM #3
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Rainmaker
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Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
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