Central Florida Real Estate Weekly Market Report: August 29 - September 4, 2021
Lake, Osceola, Orange and Seminole Counties
Single-Family Existing Homes
Sales of single-family homes increased to 837 during the week of Aug 29, from 610 the week prior.
The median price of single-family homes decreased to $350,000, a change of -2.8%.
The number of single-family home foreclosure transactions remains constant at 4.
The number of single-family home short-sale transactions decreased to 1 from 2 the week prior.
Single-family inventory decreased by 131, and sits at 2,853 (Approximately 24 days of inventory on the market).
Condos, Townhomes, and Villas
Sales of condos, townhomes, and villas increased to 281 during the week of Aug 29, from 191 the week prior.
The median price of condos, townhomes, and villas decreased to $216,000, a change of -8.1%.
The number of condo, townhome and villa foreclosure transactions decreased to 1 last week, from 2 the week of Aug 22.
The number of condo, townhome, and villa short-sale transactions remains constant at 0.
Condo, townhome and villa inventory decreased by 3, and now sits at 1,055 (Approximately 26 days of inventory on the market).