Central Florida Real Estate Weekly Market Report: May 30 - June 5, 2021

Lake, Orange, Osceola, and Seminole Counties

Single-Family Existing Homes

• Sales of single-family homes decreased to 626 during the week of May 30, from 816 the week prior.

• The median price of single-family homes increased to $365,000, a change of 5.8%.

• The number of single-family home foreclosure transactions decreased to 2 last week, from 7 the week of May 23.

• The number of single-family home short-sale transactions remains constant at 4.

• Single-family inventory increased by 243, and now sits at 2,351. (Approximately 26 days of inventory)

Condos, Townhomes, and Villas

• Sales of condos, townhomes, and villas decreased to 225 during the week of May 30, from 298 the week prior.

• The median price of condos, townhomes, and villas increased to $229,000, a change of 14.5%

• The number of condo, townhome, and villa foreclosure transactions decreased to 1 last week, from 3 the week of May 23.

• The number of condo, townhome, and villa short-sale transactions remains constant at 0.

• Condo, townhome and villa inventory increased by 36, and now sits at 1,027. (Approximately 32 days of inventory).