Central Florida Real Estate Weekly Market Report: May 2 - May 8, 2021

Lake, Orange, Osceola and Seminole Counties

Single-Family Existing Homes

• Sales of single-family homes decreased to 623 during the week of May 2, from 788 the week prior.

• The median price of single-family homes decreased to $341,000, a change of -3.9%.

• The number of single-family home foreclosure transactions decreased to 2 last week, from 9 the week of April 25.

• The number of single-family home short-sale transactions increased to 5 from 1 the week prior.

• Single-family inventory decreased by 58, and now sits at 2,012.

Condos, Townhomes, and Villas

• Sales of condos, townhomes and villas increased to 265 during the week of May 2, from 262 the week prior.

• The median price of condos, townhomes, and villas decreased to $199,000, a change of -4.6%.

• The number of condo, townhome and villa foreclosure transactions decreased to 0 last week, from 3 the week of April 25.

• The number of condo, townhome and villa short-sale transactions decreased to 0 from 2 the week prior.

• Condo, townhome, and villa inventory decreased by 11, and now sits at 1,119.