FEBRUARY 2016 HOUSING REPORT
Market Statistics from OrlandoRealtors.org
During the second month of 2016, Orlando's housing market saw prices continued to climb.
While the number of home sells fell the overall median price of a home in Orlando rose to $185,000, which is a 12% increase compared to last February.
At the same time Orlando home sells fell 5% compared to last February with 2,334 homes sold during the month.
Rising home prices coupled with low inventory are making it more and more difficult for would-be home buyers.
The overall number of homes available for sale has dropped by about 7% since last year with only 10,696 homes available for sale.