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)