Central Florida Real Estate Report May 2023: Osceola County

Actively Listed Single-Family Homes

Year-over-year, active listings of single-family homes has increased by 47% from 1,032 in May 2022 to 1,514 in May 2023. The median list price has increased 3% from $445,925 in May 2022 to $460,000 in May 2023.

Month-over-month, active listings of single-family homes decreased by 3% from 1,568 in April 2023 to 1,514 in May 2023. The median list price has increased 3% from $445,895 in April 2023 to $460,000 in May 2023.

Sales Activity Of Single-Family Homes

Year-over-year, the number of sales decreased 7% from 653 sales in May 2022 to 610 sales in May 2023. The median sale price is constant (less than 1% change) from $431,035 in May 2022 to $429,995 in May 2023.

Month-over-month, the number of sales has increased 19% from 512 in April 2023 to 610 in May 2023. The median sale price increased 3% from $418,495 in April 2023 to $429,995 in May 2023.

Original List Price vs Sale Price Of Single-Family Homes

In May 2023, single-family homes sold for 97.1% of their original list price. In May 2022, single-family homes sold for 100.9% of their original list price and April 2023 they sold for 96.9% of their original list price.

Summary

The inventory of single-family homes is up significantly year-over-year and down slightly month-over-month and sale price is consistent or slightly up. Last year, homes were selling, on average, slightly higher than their listed price. This year, sale price, on average, is approximately 3% less than the originally listed price.