Central Florida Real Estate Weekly Market Report: August 22 - August 28, 2021

Lake, Osceola, Orange and Seminole Counties

Single-Family Existing Homes

• Sales of single-family homes decreased to 610 during the week of August 22, from 656 the week prior.

• The median price of single-family homes decreased to $360,000, a change of -0.4%.

• The number of single-family home foreclosure transactions increased to 4 last week, from 1 the week of August 15.

• The number of single-family home short-sale transactions increased to 2 from 0 the week prior.

• Single-family home inventory increased by 31, and now sits at 2,984 (Approximately 34 days of inventory on the market).

Condos, Townhomes, and Villas

• Sales of condos, townhomes and villas decreased to 191 during the week of August 22, from 196 the week prior.

• The median price of condos, townhomes and villas increased to $235,000, a change of 9.3%.

• The number of condo, townhome and villa foreclosure transactions increased to 2 last week from 0 the week of August 15.

• The number of condo, townhomes and villa short-sale transactions remains constant at 0.

• Condo, townhome and villa inventory increased by 12, and now sits at 1,058 (Approximately 38 days of inventory on the market).