Sold Home For Sale Sign in front of Beautiful New Home.

According to the Orlando Regional Realtor Association (Website) the number of home sale transactions saw a 25 percent increase last month compared to the same time last year.

The median price for homes during March was the highest since October 2008 ($177,500 vs. $160,000), and the number of sales was the highest since June 2010.

ORRA president attributes the rise in sales to the current low interest rate, increases in available inventory and a healthy local economy.

Homes of all types spent an average of 79 days on the market and sold for 97.27 percent of their listing price.

To see more detailed reports and statistics, click HERE.



Brendan O'Connor

Editor in Chief of

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  1. Historically low interest rates and rising rental costs make it a good time for non-homeowners to check out their options!