Orlando Real Estate Market History

Now free from the stifling effects of so many short sales and foreclosures, the housing market in Orlando is finally returning to normal. During August of 2013, reported home sales continued their climb back to long-term average levels with the median price of existing homes sold in the Orlando area nearly 29 percent higher than a year ago. Although the housing market recovery may still be tentative, the latest report looks positive for real estate investment teams in the Orlando area.

Orlando real estate market data for the last 8 years ending with August 2013:

Orlando Housing Data for August 2013

Median Home Price: $155,000
Average List Price: $207,517
Average Sale Price: $201,092
Sales: 2,824
Pending Sales: 7,519
New Listings: 3,922
New Contracts: 3,146
Interest Rate: 4.64% (Based on 30-year fixed rate mortgage)

Orlando Housing Data for December 2012

Median Home Price: $132,500
Average List Price: $179,631
Average Sale Price: $172,892
Sales: 2,505
Pending Sales: 7,883
Interest Rate: 3.46%

Orlando Housing Data for December 2011

Median Home Price: $119,000
Average List Price: $184,835
Average Sale Price: $171,088
Sales: 2,213
Pending Sales: 8,095
Interest Rate: 3.99%

Real estate statistics for December 2010

Median Home Price: $105,000
Average List Price: $153,708
Average Sale Price: $145,172
Sales: 2,467
Pending Sales: 8,363
Interest Rate: 4.92%

Orlando Housing Data for December 2009

Median Home Price: $120,000
Average List Price: $170,248
Average Sale Price: $159,942
Sales: 2,410
Pending Sales: 8,163
Interest Rate: 5.03%

Orlando Housing Data for December 2008

Median Home Price: $167,500
Average List Price: $218,280
Average Sale Price: $202,637
Sales: 1,445
Pending Sales: 3,265
Interest Rate: 5.40%

Orlando Housing Data for December 2007

Median Home Price: $225,000
Average List Price: $314,151
Average Sale Price: $291,371
Sales: 1,076
Pending Sales: 1,559
Interest Rate: 5.93%

Orlando Housing Data for December 2006

Median Home Price: $250,000
Average List Price: $306,531
Average Sale Price: $295,347
Sales: 1,945
Pending Sales: 2,557
Interest Rate: 5.74%

Orlando Housing Data for December 2005

Median Home Price: $239,900
Average List Price: $295,057
Average Sale Price: $288,083
Sales: 2,775
Pending Sales: 0
Interest Rate: 6.10%