Orlando Housing Market Updated Numbers Through June 6th

Join me as we review the updated numbers for the #Orlandohousingmarket. We look at this weeks most recent home sales and inventory.

Orlando Housing Market Summary:

Single-family existing homes
- Sales of single-family homes increased to 657 during the week of May 29, from 633 the week prior
- The median price of single family homes increased to $440,000, a change of 2.3%
- The number of single-family home foreclosure transactions decreased to 1 last week, from 5 the week of May 22
- The number of single-family home short-sale transactions decreased to 0 from 1 the week prior
- Single-family inventory increased by 135, and now sits at 2,880

Condos, townhomes, and villas
-Sales of condos, townhomes, and villas increased to 238 during the week of May 29, from 215 the week prior
-The median price of condos, townhomes, and villas decreased to $257,500, a change of -14.2%
-The number of condo, townhome, and villa foreclosure transactions increased to 1 last week, from 0 the week of May 22
-The number of condo, townhome and villa short-sale transactions remains constant at 0
-Condo inventory increased by 36, and now sits at 961
***Week of May 29, 2022 - June 04, 2022***

Have questions about the current housing market fell free to reach out to:
Joseph Dionne
Managing Partner Appli Home Loans
www.applihl.com

Or
Brenden Rendo
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

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