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).