Florida at the top of the list for real estate appreciation in 2022
Home values in Florida increased more in 2022 than in any other US state, according to data analyzed by real estate portal Zillow. The average value of a home in Florida, according to the most recent publicly available data measured in December 2022, was just under US$405,000 [...]
Real estate activity in Orlando - September 2022
Market situation The average interest rate for September was recorded at 6.3%, an increase of 19.5% compared to August, when the interest rate was 5.3%. Sales in September fell by 18.3% to a total of 2,717 sales compared to 3,324 sales in August. Compared to September [...]
Real estate activity in Orlando - August 2022
Market situation The average house price for August 2022 was recorded at $377,750, a slight drop of 0.8% compared to July's average house price of $380,900. This is the second month in a row that the average house price has fallen. Inventory rose by 3.7% in August, from 6,518 [...]
Real estate activity in Orlando - July 2022
Market situation The average house price for July 2022 was recorded at US$380,900, down 1.6% on June. This is the first time in six months that the average house price has fallen. Inventory increased by 19.9% in a single month, from June to July - there are more [...]
Real estate activity in Orlando - June 2022
Market situation Inventory increased by 41.2% from May 2022 to June 2022, with 1,586 more homes on the market in June compared to May. This is the second consecutive month with an increase in inventory, following the 44.2% increase in May. Inventory increased by 75.5% from June 2021 to [...]
Real estate activity in Orlando - May 2022
Market situation Inventory increased 44.2% from April 2022 to May 2022, with more than 1,200 additional homes coming on the market in May - this is the largest monthly increase in Orlando inventory ever recorded. The average sales price for May was recorded at US$379,950, an increase of 2.7% on [...]
Real estate activity in Orlando - April 2022
Market situation The average sale price in April was recorded at US$370,000, an increase of 2.5% compared to US$361,000 in March 2022; this sets a new record for the third month in a row. Interest rates increased by 17.6%, from 4.2% in March 2022 to 4.9% in April 2022. This is [...]
Real estate activity in Orlando - March 2022
Market situation The average sales price in March was recorded at US$361,000, an increase of 4.6% compared to US$345,000 in February 2022. This sets a record for the second month in a row. Interest rates increased by 8.7%, from 3.9% in February 2022 to 4.2% in March 2022. Overall sales [...]
Real estate activity in Orlando - February 2022
Market situation February's average house price was recorded at US$345,000, an increase of 2.99% compared to January 2022 and setting a new record, surpassing the December 2021 record of US$340,000. The average house price in February 2021 was US$280,000. Overall sales in February [...]
Real estate activity in Orlando - January 2022
Market situation The average house price in January was recorded at $335,000, a slight drop of 1.47% after the record of $340,000 in December 2021. Overall sales in January fell by 20.6%, with a total of 3,033 sales compared to 3,820 sales in December 2021. Houses averaged [...]