The median home price for April was recorded at $388,500, up from $386,500 in March. This is the highest monthly median home price on record in the Orlando area. Overall sales rose 7.8% from March to April. There were 2,759 sales in April, up from 2,559 sales in March. This is the third month in a row that sales have risen.
Inventory for April was recorded at 9,376, up 4.5% from March when inventory was recorded at 8,971. April’s interest rate was recorded at 6.9%, up slightly from 6.7% in March.
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