During the month of November, the median price of a home in Orlando climbed again up 10% compared to the same time last year however total closing for the month slipped 3% compared to last November with a total of 2,225 homes sold in Orlando in November.
The overall median price of a home in Orlando rose to $182,000 in November which is an increase of 17%.
Since the start of 2015 the limited inventory of homes available for sale in Orlando continues to make finding a home challenging for many would-be home buyers.
The overall number of homes available for sale fell by almost 7% since last year with only 11,300 homes currently available for sale.