Central Florida Real Estate Weekly Market Report: May 23 - May 29, 2021
Lake, Orange, Osceola and Seminole Counties
Single-Family Existing Homes
Sales of single-family homes increased to 816 during the week of May 23, from 628 the week prior.
The median price of a single-family home remains constant at $345,000.
The number of single-family home foreclosure transactions decreased to 7 last week, from 10 the week of May 16.
The number of single-family home short-sale transactions decreased to 4 from 6 the week prior.
Single-family inventory decreased by 59, and now sits at 2,108. (Approximately 18 days of inventory)
Condos, Townhomes and Villas
Sales of condos, townhomes and villas increased to 298 during the week of May 23, from 245 the week prior.
The median price of condos, townhomes and villas increased to $200,000, a change of 5.4%.
The number of condo, townhome, and villa foreclosure transactions increased to 3 last week, from 0 the week of May 16.
The number of condo, townhome and villa short-sale transactions decreased to 0 from 1 the week prior.
Condo, townhome and villa inventory decreased by 64, and now sits at 991. (Approximately 23 days of inventory)