DECEMBER 2016 HOUSING REPORT
Market Statistics from OrlandoRealtors.org

During 2016, Orlando's housing market continued to see a rise in prices and a slight increase in home sales compared to 2015. 

The most notable trend for the year was consistent in inventory of available homes for sale.

The annual median price of a home in Orlando in 2016 was $200,000, which is a healthy 12% jump compared to 2015.

A total of 35,780 homes sold during the year, an increase of almost 2% compared to last year.

The limited number of homes available for sale in Orlando resulted in a challenging year for would-be buyers, who had limited options to select from.

Since last year the number of homes has dropped by 19% with only 8,590 homes currently available for sale. 

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