Central Florida Real Estate Weekly Market Report: August 1 - August 7, 2021
Lake, Osceola, Orange and Seminole Counties
Single-Family Existing Homes
Sales of single-family homes decreased to 589 during the week of Aug 1, from 799 the week prior.
The median price of single-family homes increased to $370,000, a change of 2.8%.
The number of single-family home foreclosure transactions decreased to 4 last week, from 8 the week of July 25.
The number of single-family home short-sale transactions decreased to 0 from 3 the week prior.
Single-family inventory decreased by 14, and now sits at 2,867 (Approximately 34 days of inventory on the market).
Condos, Townhomes, and Villas
Sales of condos, townhomes and villas decreased to 213 during the week of Aug 1, from 230 the week prior.
The median price of condos, townhomes and villas remains constant at $230,000.
The number of condo, townhome and villa foreclosure transactions increased to 3 last week, from 0 the week of July 25.
The number of condo, townhome and villa short-sale transactions remains constant at 0.
Condo, townhome and villa inventory increased by 19, and now sits at 1,076 (Approximately 35 days of inventory on the market).