217 new real estate properties in Orlando, Florida have been added to Ofirio in the last 7 days.
Of those new properties:
Orlando, Florida has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 1%. Homes in Orlando, Florida are on the market for 80 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the With Basement segment and it is 379% ($599,984) more than the week prior.
The average closing price for real estate in Orlando Florida has grown by 3% from the last week, which amounted to $534,148.
As of January 2023 Orlando, FL is a seller market which means homes sell faster at a higher price. In January 2023, 163 homes (30.2%) sold at asking price, 333 homes (61.8%) sold below asking price, and 43 homes (8.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 4.7% from $320,000 in January 2022 to $335,000 in January 2023. The number of homes sold in Orlando, FL has decreased by 46.7% over the last year from 958 in January 2022 to 511 homes in January 2023.
Homes in Orlando, FL have sold for 6.0% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $213.