Orlando Real Estate October 2023

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.