Orlando home sales continue to see double-digit growth in January.
Our Orlando housing market continues its streak of consistent growth, with January sales seeing an increase of 16% over January 2019. There were over 2,270 homes sold last month, compared to 2019’s 1,950 sales, according to the newest stats from the Orlando Regional Realtor Association.
The overall median price jumped almost 8% over last year’s reporting. The median price of Orlando homes sold in January was $245,000, up from $227,000 in January of last year.
If you take a look at the individual county breakdown, Lake County’s sales were up 9.2% compared to January 2019. A strong sign for the growth of our increasingly popular area. One category in particular saw a huge increase in sales. Townhomes/Villas saw an 8% increase in median price, but offered a staggering 37% increase in sales in January.
(graphic courtesy of Orlando Regional Realtor Association)
Additional January Stats:
- Overall Inventory decreased 14.7% when compared to last year’s period.
- First-time homebuyers affordability index increased to 99.81% from 96.52% last month
- Orlando housing affordability index for January is 140.36, up from 135.73% last month.
- Pending sales in January are up 7.8% compared to January of last year and are up 25.9% compared to last month.
Zenodro Homes is currently offering Modern Eco-Friendly Townhomes in our newest community, Hidden Forest. Call us today and schedule a visit with our Lifestyle Consultants.
About Zenodro Homes
With over 20 years of experience, the family-owned and operated Zenodro Homes is a fully integrated real estate development company. The company has positioned itself at the cutting edge of constructing environmentally friendly vacation townhomes designed to work with nature itself. It has built over 300 homes in South and Central Florida. Zenodro Homes’ expertise ranges from custom luxury residences and complete vacation home communities to residential condominium communities and single-family home communities. For more information, visit zenodro.com, call 407.831.4600, or email email@example.com
*All data supplied by the Orlando Regional REALTOR® Association.