JUNE 2015 HOUSING REPORT
In June, Orlando sales skyrocketed to the highest home sales ever recorded in the area.
In the past 27 years, Orlando area buyers were drawn to the market again by low interest rates and a wider selection of homes on the market.
The overall median price for homes sold in June of 2015 increased 8% compared to June of last year to $181,500.
The number of home sales increased by 21% compared to June 2014 with a total of 3,435 homes sold during the month.
Higher prices and increased sales lead to more sellers putting their homes on the market, which is good news for area home buyers, who have more options when looking for their dream home.
The number of homes available for sale has increased by 5% since last year with 12,058 homes currently available.