The median price of Orlando homes sold during the month of August increased nearly 10 percent. Inventory continued its year-over-year slide and dropped about 16 percent.

AUGUST BY THE NUMBERS

Median Price  $225,000 (UP 10%)

Sales                   3544 (UP 3%)

Pending Sales   5666 (UP 14%)

New Listings   4107 (UP 0.4%)

New Contracts  3431 (UP 34%)

Inventory           8833 (-16%)

Inventory

Orlando Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

 

Stats for Orlando Real Estate market

Orlando Real estate data

 

 

 

 

 

 

 

 

 
 

Florida continues to show strong economic signs. A large percentage of households believe the economy is improving — a three percent quarter-over-quarter increase, and a nine percent year-over-year increase.  NAR attributes the boost in the economic outlook to increased confidence in personal finances. Sixty-two percent of respondents believe their financial situation will be better in six months, a 4.8 percentage point increase from Q2.

Amazon has made it official: It will build a new warehouse south of Orlando International Airport that will open in 2018 with 1,500 new jobs. The high-tech facility would have potential to expand to 2.4 million square feet to supply the region’s growing need for e-commerce delivery, according to planning documents filed with Orange County. Amazon said full-time jobs at the new warehouse would come with benefits such as health insurance, a retirement savings plan, 20 weeks of paid parental leave and tuition reimbursement in related fields.
“It’s a major investment by a big-name company in our region,” said Laureen Martinez, a spokeswoman for the Orlando Economic Partnership. “There will be a variety of positions there, and some will be in the high-pay category.”