Orlando housing market sees double-digit gain in sales in January

ORLANDO, Fla. — Orlando’s housing market marked a second consecutive month of double-digit year-over-year sales increases in January.

According to the latest report from the Orlando Regional Realtor Association, sales in Orlando increased by 16.4-percent over last January’s sales.

Each individual county’s sales comparisons are as follows: 

 *Lake: 9.2% above January 2019; 

*Orange: 9.9% above January 2019; 

*Osceola: 25.3% above January 2019; and 

*Seminole: 6.9% above January 2019.

The median home price in Orlando also rose by 7.9-percent last month to $245,000.  That number marks a 1.6-percent decline from the median home price in December.

Orlando’s inventory of available homes is still tight, with only about 7,000 homes available for sale last month.  That number represents a 14.7-percent decrease from the inventory in January of 2019.

You can find a link to the complete report by clicking HERE.