Market Statistics from OrlandoRealtors.org

In July, Orlando's summertime sales stampede continued as closings of existing homes increased by more than 33%.

Compared to the same time last year a total of 3,388 homes sold.

During the month, a strong demand has led to increased prices.

The median price of a home in Orlando rose 8% to $183,875 and when compared to July 2011 the current median price is up almost 60%.

Would-be home buyers are having a tough time with today's limited inventory of only 11,819 homes currently available for sale, a 2% drop from last year.

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