Special offer

Orlando Real Estate February 2023

By
Real Estate Agent with Charles Rutenberg Realty BK645994

The latest #OrlandoRealEstate market report for February 2023 is in. Take a look at the brief video below. Inventory is up 140% from a year ago, but down for the third month in a row. Homes available for sale declined over 9% compared to January. Sales declined 30% from a year ago, but increased over 33% compared to the month before. The median sales price for February was up 3.8% compared to February 2022, and up 2.3% compared to January of this year. The Orlando real estate market remains quite strong, even with higher interest rates. Nearly 1/3 sales have been all cash, and even with the higher inventory levels, we still have less than a 2.5 month inventory of homes for sale.

Comments (2)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

 

Hi,

Enjoyed your blog page, and I added you as a friend. I would love the follow back. Bill

Mar 16, 2023 06:00 AM
David Welch

I actually already follow you! Thank you.

Mar 16, 2023 10:26 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks for sharing your market report with us here in the Rain David. It's always interesting to see how other areas of the country are doing.

 

Mar 21, 2023 09:07 AM