April’s housing data signals an encouraging outlook for anyone looking to buy or sell in Orlando this summer.
With a significant rise in both sales and inventory, and interest rates holding steady, buyers and sellers are benefiting from a more balanced and dynamic market as we approach the busy summer season.
Key highlights from April’s market report include:
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Median Home Price: $389,900
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Sales Growth: Home sales surged 62.4% from January to April, climbing from 1,514 to 2,459 transactions.
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Inventory Increase: Available homes rose by 41.9% year-over-year, with 13,304 properties on the market compared to 9,376 last April.
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Interest Rates: Remaining steady around 6.6%, with rates hovering in the low 6% range since October 2024.
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New Listings: April saw 4,503 fresh listings hitting the market.
This combination of increased inventory and stable financing costs is creating a welcoming environment for buyers and a great opportunity for sellers to capitalize on growing demand. Whether you’re considering making a move or simply watching the market, the signs point to an active and balanced summer ahead in Orlando’s real estate landscape.
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