Orlando’s housing market is starting to show signs of spring momentum. With more homes hitting the market, buyers are finally getting some breathing room—and that’s leading to a noticeable uptick in both sales and pending deals.
Inventory on the rise, buyers have more choices right now. It’s a great time to explore what’s out there, negotiate good terms, and find the right home before things really pick up.
The median home price rose slightly in February, landing at $385,000—up from $375,000 in January. Overall sales jumped 21.3% month-over-month, with 1,837 homes sold in February compared to 1,514 in January.
Inventory is also climbing, with 12,411 homes available in February—the highest we’ve seen since October 2014. That’s a 6.1% increase from January’s total of 11,697.
Interest rates saw a slight dip, moving from 6.8% in January to 6.7% in February.
Bottom line? If you’re in the market to buy, now’s a great time to get a jump on it—before spring competition heats up even more.
Login with Google