Inventory declines drive Orlando home sales down, squeeze median price upward in January
Posted by Suzi Karr Realty on Tuesday, February 16th, 2016 at 10:02am.
The median price of Orlando homes sold in January increased nearly 14 percent of January of 2015, amid an inventory level that has seen year-over-year decreases for the last seven months.
The overall median price (all sales types and all home types combined) for the month of January 2016 is $176,500, a 13.87 percent jump compared to the $155,000 median price in January 2015. >>Read more