Orlando Real Estate October 2023

Real Estate Agent with Charles Rutenberg Realty BK645994

The inventory of homes available for sale continues to climb on high interest rates. Prices too are up from a year ago rising 3% to $377,000. The number of sales is once again lower when compared with October 2022 with just 2,429 homes of all types closing during the month. That is down 11% compared to a year ago. The 7,813 homes available for sale at the end of October is still just a 3.2 month supply of inventory. Check out the brief video breaking down the #OrlandoRealEstate market results for October 2023.

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