Central Florida Market Update - September 2023

Home Sales in Orlando are Down!

Orlando median home prices decreased and sales decreased in September ’23!

 

According to the Orlando Regional Realtor Association, our median price increased to $370,000, and sales decreased by 6% while inventory decreased 2% compared to September ’22!

 

The current inventory level is now at a 2.64 month supply. To put it in comparison to how low our inventory is, economists consider a 6 month supply to be a balanced market!

 

 

Contact me today to list and sell your home for the highest possible price and the shortest amount of time!

 

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