Orlando Real Estate June 2021

Real Estate Agent with Charles Rutenberg Realty BK645994

The #OrlandoRealEstate market continues to burn red hot as the summer selling season got under way last month. Sales and prices soared double digits, while the inventory of homes available for sale remains extremely low. June saw a 42% increase in the number of homes sold, compared to last year. The 4,414 closed sales last month is the highest number so far this year. The median price last month jumped 19% compared to a year ago, skyrocketing from $265,000 a year ago to $315,000. The inventory of homes available for sale did increase about 10% compared to May, but was still 53% lower than a year ago. There were only 3,098 homes active on the market for sale, which represents only about a three week supply of inventory. Check out this video breakdown of the market.

Comments (1)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello David  and thank you for the information in your market report.  Make it a great day!

Jul 20, 2021 08:39 AM