Orlando median home price increases 6 percent; foreclosure sales leap 30 percent

Posted by Suzi Karr Realty on Wednesday, October 1st, 2014 at 12:56pm.

Orlando home sales declined in August while the area’s median price continued its upward trend, albeit at a slower pace, reports the Orlando Regional REALTOR® Association.

The overall median price for August is $165,000, a 6.45 percent increase over August 2013 and a 3.48 percent decrease compared to last month. Orlando’s overall median price has now recorded year-to-year gains for 38 consecutive months and has risen 42.86 percent since July 2011. 

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