Central Florida Real Estate Weekly Market Report: May 16 - May 22, 2021

Lake, Orange, Osceola and Seminole Counties

Single-Family Existing Homes

• Sales of single-family homes decreased to 628 during the week of May 16, from 643 the week prior.

• The median price of single-family homes increased to $345,000, a change of 1.2%.

• The number of single-family home foreclosure transactions increased to 10 last week, from 6 the week of May 9.

• The number of single-family home short-sale transactions increased to 6 from 3 the week prior.

• Single-family inventory increased by 118, and now sits at 2,167.

Condos, Townhomes, and Villas

• Sales of condos, townhomes, and villas increased to 245 during the week of May 16, from 241 the week prior.

• The median price of condos, townhomes, and villas decreased to $189,800, a change of -11.3%

• The number of condo, townhome, and villa foreclosure transactions decreased to 0 last week, from 1 the week of May 9.

• The number of condo, townhome and villa short-sale transactions remains constant at 1.

• Condo, townhome and villa inventory decreased by 34, and now sits at 1,055.