APRIL 2015 HOUSING REPORT
During the month of April, Orlando home sales continue to be fueled by buyers looking to take advantage of low interest rates and the increased inventory of homes available for sale.
Compared to last April the overall median price of a home in Orlando rose 8% to $175,000.
A total of 3,031 homes sold in April, an increase of 12% over last year.
Higher prices and increased sales have lead to more sellers putting their homes on the market.
More inventory provides area home buyers with more options.
The number of homes available for sale has increased by 10% since last year with 11,725 homes on the market.