1. Orlando Home Sales Are at a Historic Low
Total home sales in the Orlando area finished the year at approximately 26,700 transactions, marking the lowest sales volume since 2009. To put that into perspective, the last time Orlando saw this few sales, the average home price was around $130,000.
2) Orlando has handled the interest-rate shift remarkably well
Even with higher borrowing costs, home prices have remained steady. Median pricing has held firm, and average sale prices continue to increase. That kind of stability speaks to the depth of demand in our area and the confidence homeowners continue to have in Orlando real estate.
3) The upper end of the market is supporting values
While the median has stayed consistent, the average price continues to rise, suggesting that higher-end and luxury homes make up a greater share of today’s sales. Move-up buyers remain active, and quality properties are still commanding attention — helping support overall values even in a slower market.
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Warmly,