SEPTEMBER 2016 HOUSING REPORT
The month of September, Orlando's housing market saw strong home buyer demand as we once again saw home prices and sales rise as inventory continue to slide.
Median price of Orlando homes sold during the month of September, jumped to $205,000, that's an increase of 12% compared to last September.
At the same time, Orlando home sales rose slightly, increasing 3%.
Compared to last year in total, 3,091 homes closed.
During the month, the limited number of homes available for sale continues to stifle would-be buyers.
Since last year, the number of homes on the market has dropped by 10% with only 10,362 homes currently available for sale.