AUGUST 2015 HOUSING REPORT
Market Statistics from OrlandoRealtors.org

In August, Orlando's housing market remained hot as closings of existing homes increased by more than 21%.

Compared to the same time last year a total of 3,094 homes sold in Orlando during the month.

During the month, strong demand has lead to increased prices as well.

The overall median price of a home in Orlando rose 11% to $182,000.

Since last August, would-be home buyers are having a tougher time finding a home with today's limited inventory.

The overall number of available homes currently for sale has dropped by 11% since last year with only 11,661 available for sale in the Orlando area.

Mike Rance
Mike Rance
Realtor
954 S Orlando Ave Winter Park FL 32789