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Orlando Home Sales Up In April

Photo: Mark Moz, Flickr

Orlando home sales are up. We take a look at the housing numbers.

The median home price for an Orlando home went up more than 10 percent in April when compared to April 2017. Sales also saw an increase of more than eight percent, according to Orlando Regional REALTOR Association.

“We still have historically low interest rates so affordability, while the home prices have been going up, the median household can still afford a home 26 percent over the median price,” said ORRA President Lou Nimkoff.

He said the challenge is inventory with only 7,700 homes available for sale in the market –that supply is at or near historical lows.

The overall median price of Orlando homes sold last month was $237,000.


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Crystal Chavez

About Crystal Chavez

All Things Considered Host and Reporter

Crystal Chavez comes to WMFE from Texas Public Radio in San Antonio, Texas. She served as the Morning Edition host in the Alamo City for the past three years. Crystal also produced a weekly radio program called Fronteras, providing in-depth reporting on U.S.-Mexico border issues, immigration and changing ... Read Full Bio »

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