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).