We've had a lot of fluctuation in the Orlando area this summer! Let's look at the stats from last month, July 2022, which showed the first fall in home price as inventory rises. The median home price for July recorded at $380,900, a small decrease when compared with June.

We also saw more inventory, with a 19.9% rise! That meant this summer there were an average of 2,121 more available homes than last summer. Interestingly, homes averaged 21 days on the market in July, which is what pretty close to what we've been seeing all summer, despite more availability.

Orlando Market Report - August 2022

Orlando's MLS reports a decline in new listings by 11.6% from June, so we'll be keeping a close watch for new homes for our buyers! Please see the report below for additional details and reach out to us to learn more about homes in your specific market!

July 2022 Orlando Market Report