Orlando Real Estate Market Update: Data from December 1-7, 2024
Check out the latest Orlando real estate market data and explore the best opportunities for investors and buyers.
By: Jen Dantas
Orlando Real Estate Market Weekly Update
The Orlando Regional Realtor Association (ORRA) has released its latest Orlando real estate market data report, covering the week of December 1-7, 2024. See the highlights that point to a booming market.
Single-Family Homes: Accelerated Growth
Sales up: 401 single-family homes were sold, a significant increase from 250 the previous week.
Price appreciation: The median price rose to US$$ 445,000, registering a growth of 2.3%.
Reduced inventory: Only 7,682 units are available, a drop of 12 properties, indicating strong demand.
Featured Condos, Townhomes, and Villas
More sales: 102 units were sold, surpassing the 70 from the previous week.
Price surge: The median price soared to US$$ 292,000, a staggering increase of US$11%.
More options on the market: Inventory rose to 3,845 properties, with 58 new units available.
Opportunities for Investors and Buyers
Orlando remains an attractive real estate market for investors, with high appreciation, proximity to tourist attractions, and steady rental demand.
For buyers: Competitiveness demands agility in decision-making.
For sellers: With prices rising, this is the perfect time to list your property.
Why Invest in the Orlando Market?
Orlando offers one of the most promising markets in the US, standing out for:
Continued appreciation: Weekly data demonstrates market strength.
Rental demand: Properties near theme parks have high occupancy rates, both for tourists and residents.
Return potential: Perfect for diversifying your investment portfolio.
Consult a Local Expert
Seize the moment and invest safely. Contact Jen Dantas, a real estate agent in Orlando, to learn about the best purchasing options that suit your needs.