Orlando Real Estate Market 2021 | Housing Market Overview Orlando Real Estate Market 2021 | Housing Market Overview

Orlando Real Estate Market 2021 | Housing Market Overview

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Orlando Real Estate Market Data Updated
Data updated:
January 1, 2021

Orlando Real Estate market statistics and latest trends - January, 2021

For Sale Statistics

December, 2020

Average Homes Prices: $323,000
Average Price Per Square Foot: $157.48
For Sale Inventory: 4,875 Properties
Homes Sold: 3,672 Properties
Average Time To Sale: 45 Days
Average Mortgate Rates: 2.70%

For Rent Statistics

December, 2020

Average Rental Price: $1,649
Average Rental Price Per Square Foot: $1.12
For Rent Inventory: 2,632 Properties
Homes Rented: 1,472 Properties
Average Time To Rent: 37 Days

Demographics

Area´s Population:

2,608,147 People

Average Household Income:

$61,876 Per Year

Area´s Area Size

3,489,500 Square Miles

*Data provided by StellarMLS and Orlando Realtors Association

Orlando Housing Market StellarMLS and Orlando Realtors Association

Your Most Up-to-Date Orlando Housing
Market
Overview

Thinking of Orlando for your next real estate investment? Want to know how the market is performing in January, 2021, and how it's forecasted to perform in the months to come? You'll find everything you need to make investment magic in Orlando, and the answers to all your questions right here! Because real estate markets are complex, fickle systems. And understanding them is key to making a successful investment.

But using Orlando real estate market statistics, we can see how the housing market is performing across many metrics. Including average Orlando home price, days on the market (DOM), interest rates, and more. Giving us a better grasp on the state of the market, and better insight into its possible future states. Keep reading to learn all the latest Orlando housing market trends and statistics. Or contact Orlando Homes For Sale to find your Orlando investment home today!

What is the Average & Median Home Price in Orlando, Florida?

The Orlando real estate market is thriving!

Every month properties are appreciating in value as the average and median price rise.

Overall, the average and median home price for Orlando, Florida in December, 2020 was $323,000 and $275,000 respectively.

Making for a big year-over-year improvement overall!

Sounds like good news, sure, but what does it mean for you?

At Orlando Homes For Sale, we know there's no one-size-fits-all solution for real estate sales.

Therefore, our company has broken down these stats by home type to better serve your specific needs.

For instance, for condos in December, 2020 the median home price was $148,000.

While for townhomes, the median price was $235,000.

For single-family homes, it was $297,000.

Meaning average Orlando home price has been going up across the board!

Both by month-over-month, and year-over-year metrics!

But why?

In order to boost the economy during the pandemic, the Fed has dropped interest rates to historic lows.

Creating historically high demand from buyers.

But with so much uncertainty around the future, sellers are opting to hold on to their homes.

Creating an historically low inventory.

The result?

When historically high demand meets historically low supply, you get a seller's market for the ages!

January, 2020
Homes Prices Average Median
Condo $173,000 $140,000
Townhouse $248,000 $225,000
Single Family $303,000 $265,000
Overall $282,000 $245,000
February, 2020
Homes Prices Average Median
Condo $185,000 $146,000
Townhouse $228,000 $227,000
Single Family $315,000 $270,000
Overall $290,000 $250,000
March, 2020
Homes Prices Average Median
Condo $188,000 $146,000
Townhouse $237,000 $220,000
Single Family $317,000 $270,000
Overall $295,000 $254,000
April, 2020
Homes Prices Average Median
Condo $180,000 $145,000
Townhouse $241,000 $225,000
Single Family $323,000 $278,000
Overall $301,000 $264,000
May, 2020
Homes Prices Average Median
Condo $160,000 $140,000
Townhouse $222,000 $218,000
Single Family $311,000 $277,000
Overall $289,000 $260,000
June, 2020
Homes Prices Average Median
Condo $171,000 $141,000
Townhouse $230,000 $220,000
Single Family $330,000 $280,000
Overall $303,000 $265,000
July, 2020
Homes Prices Average Median
Condo $187,000 $145,000
Townhouse $234,000 $225,000
Single Family $346,000 $295,000
Overall $318,000 $270,000
August, 2020
Homes Prices Average Median
Condo $197,000 $153,000
Townhouse $236,000 $225,000
Single Family $343,000 $295,000
Overall $319,000 $275,000
September, 2020
Homes Prices Average Median
Condo $170,000 $140,000
Townhouse $240,000 $230,000
Single Family $358,000 $296,000
Overall $325,000 $370,000
October, 2020
Homes Prices Average Median
Condo $183,000 $150,000
Townhouse $244,000 $238,000
Single Family $348,000 $290,000
Overall $320,000 $270,000
November, 2020
Homes Prices Average Median
Condo $176,000 $150,000
Townhouse $239,000 $226,000
Single Family $357,000 $298,000
Overall $327,000 $275,000
December, 2020
Homes Prices Average Median
Condo $188,000 $148,000
Townhouse $250,000 $235,000
Single Family $351,000 $297,000
Overall $323,000 $275,000
Average home price for the last 12 months in Orlando, Florida

For Sale: Average Price per Square Foot

Another statistical marker we look at to determine the state of the market is average price per square foot.

Looking at the data, we see that in December, 2020, the overall average price per square foot hit $157.48.

A big year-over-year improvement compared to 2019!

And making now a great time to sell your home in Orlando!

January, 2020
Average Price Per Square Foot $141.45
February, 2020
Average Price Per Square Foot $144.44
March, 2020
Average Price Per Square Foot $146.14
April, 2020
Average Price Per Square Foot $146.13
May, 2020
Average Price Per Square Foot $143.95
June, 2020
Average Price Per Square Foot $148.16
July, 2020
Average Price Per Square Foot $151.59
August, 2020
Average Price Per Square Foot $152.73
September, 2020
Average Price Per Square Foot $155.39
October, 2020
Average Price Per Square Foot $154.68
November, 2020
Average Price Per Square Foot $157.73
December, 2020
Average Price Per Square Foot $157.48
Average price per square foot for the last 12 months in Orlando, Florida

Orlando for Sale Real Estate Inventory

Inventory is reaching historic lows in Orlando.

Down to an astounding overall inventory of just 4,875 by the end of December, 2020

The inventory is broken into 1,132 condos, 630 townhouses and 3,113 single-family homes.

And while a variety of factors had been contributing to the gradual reduction in inventory over the last few years, the drop we saw in mid-2020 was partially the result of COVID-19.

Homeowners are holding onto their homes, waiting to see what the future holds.

For the real estate market, for the job market, and for their health.

They may also have taken advantage of plummeting interest rates and refinanced their home.

In which case they may be waiting to make back their refinancing costs before they sell.

Meanwhile, sellers are capitalizing on the scarcity.

Contact Orlando Homes For Sale to see how we can help you capitalize, too!

January, 2020
For Sale Inventory
Condo 1,040
Townhouse 596
Single Family 5,394
Overall 7,030
February, 2020
For Sale Inventory
Condo 1,086
Townhouse 603
Single Family 5,136
Overall 6,825
March, 2020
For Sale Inventory
Condo 1,162
Townhouse 680
Single Family 5,499
Overall 7,341
April, 2020
For Sale Inventory
Condo 1,237
Townhouse 766
Single Family 5,656
Overall 7,659
May, 2020
For Sale Inventory
Condo 1,264
Townhouse 789
Single Family 5,207
Overall 7,260
June, 2020
For Sale Inventory
Condo 1,207
Townhouse 745
Single Family 4,605
Overall 6,557
July, 2020
For Sale Inventory
Condo 1,242
Townhouse 759
Single Family 4,219
Overall 6,220
August, 2020
For Sale Inventory
Condo 1,258
Townhouse 743
Single Family 3,957
Overall 5,958
September, 2020
For Sale Inventory
Condo 1,240
Townhouse 746
Single Family 3,986
Overall 5,972
October, 2020
For Sale Inventory
Condo 1,211
Townhouse 749
Single Family 3,880
Overall 5,840
November, 2020
For Sale Inventory
Condo 1,261
Townhouse 730
Single Family 3,592
Overall 5,583
December, 2020
For Sale Inventory
Condo 1,132
Townhouse 630
Single Family 3,113
Overall 4,875
For sale inventory for the last 12 months in Orlando, Florida

Sold Homes in Orlando

While the number of homes on the Orlando housing market is down, sales are still trending up.

Overall sales for December, 2020 totaled 3,672.

With 401 condos, 381 townhomes, and 2,890 single-family homes sold during the month.

The low interest rates are definitely one of the main reasons why sales are so high.

Enacted by the Fed to stoke the economy, these unprecedented rates are causing many Orlando buyers to make an offer on a home - in spite of the high average closing price.

Another reason is that, while many potential sellers are staying put, buyers are on the move.

People are leaving cities in record numbers, in search of places where social distancing is a way of life, not a legal mandate.

Making homes in Orlando's suburbs and exurbs in high demand as of the writing of this page.

So, whether you want to take advantage of Orlando's strong seller's market and sell, or to take advantage of low interest rates and buy, count on Orlando Homes For Sale to help you close fast, and for a great deal!

January, 2020
Homes Sold
Condo 294
Townhouse 225
Single Family 1,751
Overall 2,270
February, 2020
Homes Sold
Condo 326
Townhouse 236
Single Family 1,959
Overall 2,521
March, 2020
Homes Sold
Condo 352
Townhouse 308
Single Family 2,544
Overall 3,204
April, 2020
Homes Sold
Condo 249
Townhouse 218
Single Family 1,926
Overall 2,393
May, 2020
Homes Sold
Condo 193
Townhouse 202
Single Family 1,732
Overall 2,127
June, 2020
Homes Sold
Condo 325
Townhouse 300
Single Family 2,478
Overall 3,103
July, 2020
Homes Sold
Condo 401
Townhouse 358
Single Family 2,920
Overall 3,679
August, 2020
Homes Sold
Condo 367
Townhouse 304
Single Family 2,868
Overall 3,539
September, 2020
Homes Sold
Condo 399
Townhouse 329
Single Family 2,750
Overall 3,478
October, 2020
Homes Sold
Condo 383
Townhouse 374
Single Family 2,877
Overall 3,634
November, 2020
Homes Sold
Condo 326
Townhouse 333
Single Family 2,592
Overall 3,251
December, 2020
Homes Sold
Condo 401
Townhouse 381
Single Family 2,890
Overall 3,672
Homes sold in the last 12 months in Orlando, Florida

Average Time to Sell a Home in Orlando

As we can see in the chart below, the overall average days on market (ADOM) for homes sold in December, 2020 was 45 days.

Such quick turnarounds indicate a healthy Orlando real estate market.

And a high-quality inventory.

Because nice homes with views and up-to-date finishes sell much quicker.

And the homes that spend fewer days on the market tend to sell for more!

Contact Orlando Homes For Sale today to see how we can put the Orlando housing market to work for you!

January, 2020
Average Time To Sale 60 Days
February, 2020
Average Time To Sale 58 Days
March, 2020
Average Time To Sale 54 Days
April, 2020
Average Time To Sale 47 Days
May, 2020
Average Time To Sale 48 Days
June, 2020
Average Time To Sale 52 Days
July, 2020
Average Time To Sale 54 Days
August, 2020
Average Time To Sale 51 Days
September, 2020
Average Time To Sale 48 Days
October, 2020
Average Time To Sale 48 Days
November, 2020
Average Time To Sale 44 Days
December, 2020
Average Time To Sale 45 Days
Average time to sell a home for the last 12 months in Orlando, Florida

What Are the Average Mortgage Rates in Orlando, Florida?

One of the most surprising Orlando housing market statistics to follow over the past year has been the average mortgage rate.

In order to stimulate the economy, the Fed began slashing interest rates.

In December, 2020 the average mortgage rate was 2.70%.

The low interest rates is one of the factors that is continuously increasing the sales volume.

Making this a great time to buy an Orlando residence, real estate investment, or to refinance your home.

Contact Orlando Homes For Sale today to see how we can help!

January, 2020
Average Mortage Rates 3.55%
February, 2020
Average Mortage Rates 3.43%
March, 2020
Average Mortage Rates 3.45%
April, 2020
Average Mortage Rates 3.20%
May, 2020
Average Mortage Rates 3.22%
June, 2020
Average Mortage Rates 3.04%
July, 2020
Average Mortage Rates 2.97%
August, 2020
Average Mortage Rates 2.85%
September, 2020
Average Mortage Rates 2.74%
October, 2020
Average Mortage Rates 2.72%
November, 2020
Average Mortage Rates 2.70%
December, 2020
Average Mortage Rates 2.70%
Average mortgage rate for the last 12 months in Orlando, Florida

How Did COVID-19 Affect the Orlando Real Estate Market?

Whether catalyzing changes already underway, or radically shifting the paradigm, the COVID-19 pandemic has changed the way we do business across virtually every market imaginable.

  • And the Orlando real estate market is no exception.
  • In some respects, the virus only accelerated trends that were already underway.
  • For example, the increase in average home price in Orlando.
  • Closing prices had been climbing for some time - a result of Orlando's unprecedented growth heading into the end of the 2010's - and COVID-19 simply accelerated that trend.
  • Although, "simply" might be putting it a bit too...simply.
  • Because the mechanism, or mechanisms, by which the virus caused prices to rise is complicated.
  • And it starts with one of the more surprising recent statistics from the Orlando housing market:
  • Record-low inventory.
  • With so much perceived uncertainty around the future, potential sellers started holding onto their homes to see how things played out.
  • Resulting in a much smaller inventory.
  • At the same time, the Fed, fearing a full-blown economic depression, slashed interest rates to historic lows.
  • This further incentivized buyers who, fleeing the strict lockdown measures, high contagion, and high prices up north, were already in the market for Orlando homes.
  • The result was a big boost to average Orlando home price compared to 2019, as well as a reduction in days on the market (ADOM).
  • Of course, to better see these impacts and their relevance to your needs, we need to break down the Orlando market.
  • To start, let's look at the vacation home market.

Orlando Vacation Home Market

As part of Greater Orlando, the tourist capital of the world, short-term-rental-friendly towns like Kissimmee, Davenport, and Clermont are great places to invest in a vacation home.

But COVID-19 has made things complicated.

Near the start of the pandemic, Florida Governor, Ron DeSantis enacted a statewide ban on short-term rentals.

And from March to May of 2020, the Orlando vacation home market was dead.

With no occupants during the ban, and fearing for the future, many Orlando vacation home owners took to selling off their real estate investment.

And now, even though the ban has been lifted and people are once again visiting Florida, many are still up for sale.

That gives you a valuable opportunity:

To get a great price on an Orlando real estate investment now, and a great ROI when the market rebounds.

And in fact, it already has in large part.

When Governor DeSantis lifted the ban on short-term rentals in June, occupancy rates took a quick upswing.

As of December and the Christmas season, we were back at full capacity!

And that's almost exclusively due to American renters.

As vaccines are administered and travel bans lifted, and as Orlando resumes its pre-COVID growth rate, we at Orlando Homes For Sale expect the Orlando vacation home market to grow right alongside it!

Residential Homes

Travel bans, stay-at-home orders, even restrictions on the number of friends and family we can have in our homes:

These measures have been harder on many than the virus itself.

But they've also brought interesting changes to the Orlando housing market.

As homeowners up north and in California tire of paying high prices for small accommodations they can't leave during lockdown, many are setting their sights on Florida.

Where housing is affordable, and lockdown measures less draconian.

This has resulted in lots of demand for long-term rentals.

Both from those looking to rent, and those looking to invest.

As well as lots of clients coming to us for help.

And we can help you too.

Whether you're looking for a place to rent, rent out, looking to convert your short-term rental to a long-term rental, or to sell your home to an eager investor, contact Orlando Homes For Sale today!

Homes for Sale in Orlando

Inventory reached record lows in 2020.

Yet, the size and diversity of the Orlando housing market means there are still plenty of great homes to be found.

And Orlando Homes For Sale has the area knowledge and market access to help you find them.

Orlando is one of the fastest-growing cities on the planet.

And it's easy to see why.

With great weather year round, a thriving job market, vibrant arts and culture scene, and of course, our famous theme parks, Orlando is a major city on the world stage.

It's no wonder, then, that after the first round of lockdowns ended in June, home sales surged.

And while they slowed after the initial surge, the general trend has been an upward one.

Of course, with lots of competition from other buyers, and a record shortage of homes on the market, if you want to get a good deal on your Orlando home, you'll need to bring in the professionals.

Orlando Homes For Sale is your premier broker in Orlando.

With the reach and resources to make your homebuying dreams come true.

For a price that will make you think you're still dreaming.

A City for All Needs

Looking for a place to grow your career?

Looking for a place to grow your career?

Homes for sale in Orlando give you access to a robust job market.

Where you'll find some of the fastest-growing tech, culinary, medical, and aerospace sectors in the country!

How about a place to grow your family?

As home to top-rated Orange County Public Schools, plenty of safe neighborhoods, and of course, Disney World, Orlando is the ideal place to raise kids!

Or maybe you're past all that, and looking for a place to retire.

In that case, look no further than Orlando.

Where warm weather, beautiful surroundings, and endless entertainment have been drawing retirees and snowbirds for decades!

And of course, if you're looking to find your home fast, and for a great deal, look no further than Orlando Homes For Sale - your premier realtor in Orlando.

Orlando Demographics

The Greater Orlando Area is a large and diverse metropolis made up of over 100 discreet neighborhoods.

Orlando's residents, who as of 2020, numbered over 2 million, run the gamut of social classes, ethnicities, faiths, and political leanings.

And the Orlando real estate market reflects this.

With an array of homes for sale including condos, apartments, townhomes, and single-family homes of many types.

From craftsman bungalows near Downtown to palatial lakefront estates in Winter Park and Windermere.

As you might expect, prices run the full spectrum too.

From under 100k to over 30 million!

However, the median Orlando home price, according to the U.S. Census Bureau, is $240,000.

That's a bit higher than the national median of $217,500.

Orlando's large, diverse real estate market means there's something for everyone.

But it also makes sifting through the options a huge task.

Where do you even start?

With Orlando Homes For Sale.

We'll sit down with you to discuss your needs and expectations.

Then, using our local-area knowledge, reach and resources, we'll help you hone in on the perfect area, with the perfect home, for you.

Contact Orlando Homes For Sale today!

January, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
February, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
March, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
April, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
May, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
June, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
July, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
August, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
September, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
October, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
November, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500
December, 2020
Demographics
Area´s Population 2,608,147
Average Household Income $61,876
Area´s Area Size 3,489,500

Population: How Many People Live in Orlando?

The city of Orlando boasts a population of around 2,608,147 people.

However, the Greater Orlando Area is home to over 2 million.

And it's growing by 60,000 new residents a year!

This growth is great news for investors, as it means high occupancy rates for long-term rentals, and huge appreciation potential.

Contact Orlando Homes For Sale to see how we can help you invest with success!


Average Household Income in Orlando

On average, Orlandoans make about $61,876 dollars per household.

Which, when you consider Orlando's relatively low cost of living - affordable homes, no state income tax, etc. - means just about anyone can make it in Orlando.

And there are lots of ways to do it.

Orlando boasts one of the hottest, most diverse job markets in the country.

With a burgeoning tech sector that has some calling Orlando the next Silicon Valley.

A culinary scene that often lands Orlando on "best food cities" lists

And - bolstered by Lake Nona Medical City, a major center for medical research and education - one of the nation's leading med-tech sectors.


Orlando Area Size

The Greater Orlando Area is quite large.

Coming in at just over 3,489.5 square miles.

And while this can make getting across town a challenge, Orlando's size is a big advantage when it comes to the housing market.

Whatever kind of home, in whatever kind of setting, you're looking for, you're sure to find it in Orlando.

Looking for a lakefront townhouse?

Orlando's got them.

A hilltop home in famously flat Florida?

You'll find these in Orlando, too.

Orlando's size and diversity mean that, eventually, you're bound to find the home that best suits your needs.

But "eventually" is the key word here.

Because, of course, sifting through all those options will take time.

Especially given the careful consideration that goes into buying a home.

But Orlando Homes For Sale can help.

Our comprehensive area knowledge lets us quickly hone in on the best homes, in the best locations, for you.

Helping you stay a step ahead of other buyers.

And saving you time, effort, and money.

Orlando Real Estate Rental Market Statistics

Looking at the statistics, we've seen how the Orlando residential housing market performed and we can help our clients make the best decisions.

But how about for rentals?

As a popular place to flee failing cities up north and in California, Orlando's long-term rental market is booming.

Now let's take a look at some Orlando market statistics contributing to the rise in popularity of this housing option.

What is the Average and Median Rental Price in Orlando?

The rental market in Orlando Florida is also on the rise.

Overall, the average and median rental price for Orlando, Florida in December, 2020 was $1,649 and $1,550 respectively.

For a strong year-over-year improvement by both median and average measures!

January, 2020
Rental Prices Average Median
Condo $1,338 $1,273
Townhouse $1,651 $1,650
Single Family $1,833 $1,688
Overall $1,691 $1,595
February, 2020
Rental Prices Average Median
Condo $1,277 $1,250
Townhouse $1,663 $1,600
Single Family $1,795 $1,650
Overall $1,660 $1,567
March, 2020
Rental Prices Average Median
Condo $1,307 $1,250
Townhouse $1,644 $1,600
Single Family $1,756 $1,650
Overall $1,633 $1,550
April, 2020
Rental Prices Average Median
Condo $1,318 $1,250
Townhouse $1,663 $1,600
Single Family $1,767 $1,650
Overall $1,662 $1,585
May, 2020
Rental Prices Average Median
Condo $1,289 $1,200
Townhouse $1,685 $1,663
Single Family $1,876 $1,700
Overall $1,730 $1,600
June, 2020
Rental Prices Average Median
Condo $1,314 $1,250
Townhouse $1,721 $1,700
Single Family $1,959 $1,770
Overall $1,782 $1,650
July, 2020
Rental Prices Average Median
Condo $1,353 $1,275
Townhouse $1,721 $1,700
Single Family $1,960 $1,775
Overall $1,758 $1,650
August, 2020
Rental Prices Average Median
Condo $1,297 $1,250
Townhouse $1,729 $1,700
Single Family $1,993 $1,800
Overall $1,768 $1,650
September, 2020
Rental Prices Average Median
Condo $1332 $1250
Townhouse $1772 $1698
Single Family $1982 $1800
Overall $1776 $1650
October, 2020
Rental Prices Average Median
Condo $1,315 $1,250
Townhouse $1,769 $1,700
Single Family $1,924 $1,775
Overall $1,743 $1,650
November, 2020
Rental Prices Average Median
Condo $1,261 $1,200
Townhouse $1,707 $1,650
Single Family $1,920 $1,790
Overall $1,704 $1,600
December, 2020
Rental Prices Average Median
Condo $1,289 $1,250
Townhouse $1,695 $1,700
Single Family $1,897 $1,750
Overall $1,649 $1,550
Average rent price for the last 12 months in Orlando, Florida

For Rent: Average Price per Square Foot

As we can see in the chart below, the average price per square foot for a long-term rental home in Orlando is $1.12.

Which is very close to the national average of $1.18.

But, as we mentioned, Orlando's low cost of living and strong economy help you make up the difference.

Moreover, the size and diversity of the Orlando housing market means, if you can't afford to go big, there are plenty of compact compromises available to meet your needs.

January, 2020
Average Rental Price Per Square Foot $1.08
February, 2020
Average Rental Price Per Square Foot $1.09
March, 2020
Average Rental Price Per Square Foot $1.08
April, 2020
Average Rental Price Per Square Foot $1.07
May, 2020
Average Rental Price Per Square Foot $1.10
June, 2020
Average Rental Price Per Square Foot $1.09
July, 2020
Average Rental Price Per Square Foot $1.13
August, 2020
Average Rental Price Per Square Foot $1.13
September, 2020
Average Rental Price Per Square Foot $1.12
October, 2020
Average Rental Price Per Square Foot $1.14
November, 2020
Average Rental Price Per Square Foot $1.13
December, 2020
Average Rental Price Per Square Foot $1.12
Average rent price per square foot for the last 12 months in Orlando, Florida

Orlando for Rent Inventory

Another helpful piece of Orlando housing market statistics is the for-rent inventory.

And here we see something interesting.

Looking at the chart below, we see that overall inventory is 2,632.

Including 933 condos, 650 townhomes, and 1,049 single family homes.

Which means long-term rental inventory had the opposite reaction to COVID that residential homes had:

It went up.

But why?

Because, thanks to the recent slump in vacation home occupancy rates (reaching 0% for 3 months during the ban on short-term rentals), many Orlando vacation home owners are deciding to convert their real estate investment to a long-term rental.

Waiting out the pandemic, while also capitalizing on demand from renters fleeing locked-down cities across the country.

January, 2020
For Rent Inventory
Condo 898
Townhouse 330
Single Family 940
Overall 2,168
February, 2020
For Rent Inventory
Condo 900
Townhouse 423
Single Family 919
Overall 2,242
March, 2020
For Rent Inventory
Condo 1,023
Townhouse 479
Single Family 1,390
Overall 2,892
April, 2020
For Rent Inventory
Condo 973
Townhouse 547
Single Family 989
Overall 2,509
May, 2020
For Rent Inventory
Condo 987
Townhouse 598
Single Family 1,009
Overall 2,594
June, 2020
For Rent Inventory
Condo 961
Townhouse 582
Single Family 830
Overall 2,373
July, 2020
For Rent Inventory
Condo 829
Townhouse 413
Single Family 994
Overall 2,236
August, 2020
For Rent Inventory
Condo 797
Townhouse 379
Single Family 1,087
Overall 2,263
September, 2020
For Rent Inventory
Condo 933
Townhouse 455
Single Family 921
Overall 2,309
October, 2020
For Rent Inventory
Condo 872
Townhouse 301
Single Family 807
Overall 1,980
November, 2020
For Rent Inventory
Condo 892
Townhouse 297
Single Family 977
Overall 2,166
December, 2020
For Rent Inventory
Condo 933
Townhouse 650
Single Family 1,049
Overall 2,632
For rent inventory for the last 12 months in Orlando, Florida

Rented Homes in Orlando

In December, 2020 there were 1,472 homes rented in Orlando overall.

But you didn't come here for "overall;" you came for specifics.

For the Orlando housing market statistics that apply to your needs.

So, to better serve you, we've included them.

Here's the breakdown:

In December, 2020 there were 382 condos rented in Orlando.

275 townhomes were rented.

And 815 single-family homes.

So, as you can see, and as corroborated by the increase in inventory, demand for long-term rentals is on the rise.

As are occupancy rates.

That makes now a great time to make a long-term Orlando rental your next real estate investment.

So contact Orlando Homes For Sale today to get in on the action!

January, 2020
Homes Rented
Condo 234
Townhouse 155
Single Family 624
Overall 1,013
February, 2020
Homes Rented
Condo 323
Townhouse 241
Single Family 913
Overall 1,477
March, 2020
Homes Rented
Condo 451
Townhouse 294
Single Family 1,171
Overall 1,916
April, 2020
Homes Rented
Condo 298
Townhouse 187
Single Family 979
Overall 1,464
May, 2020
Homes Rented
Condo 374
Townhouse 238
Single Family 1,209
Overall 1,821
June, 2020
Homes Rented
Condo 425
Townhouse 424
Single Family 1,271
Overall 2,120
July, 2020
Homes Rented
Condo 519
Townhouse 400
Single Family 1,117
Overall 2,036
August, 2020
Homes Rented
Condo 423
Townhouse 335
Single Family 942
Overall 1,700
September, 2020
Homes Rented
Condo 383
Townhouse 290
Single Family 827
Overall 1,500
October, 2020
Homes Rented
Condo 388
Townhouse 331
Single Family 869
Overall 1,588
November, 2020
Homes Rented
Condo 385
Townhouse 274
Single Family 785
Overall 1,444
December, 2020
Homes Rented
Condo 382
Townhouse 275
Single Family 815
Overall 1,472
Homes rented in the last 12 months in Orlando, Florida

Average Time to Rent a Home in Orlando

As you might expect given the rising demand for long-term rentals in Orlando, the average time to rent is going down.

In fact, if you put a home up for rent in Orlando, you can expect to find tenants in just 37 days!

Of course, your home won't rent itself out.

With rental home inventory on the rise, you'll have to put in work to stand out from the crowd.

Or bring in the professionals.

Enter: Property Management by Orlando Homes For Sale.

With the latest tech and techniques, as well as a loyal client-base we started building years ago, we have the reach and resources to make your Orlando real estate investment work for you.

Helping you keep your Orlando real estate investment booked year after year!

January, 2020
Average Time to Rent 42 Days
February, 2020
Average Time to Rent 40 Days
March, 2020
Average Time to Rent 37 Days
April, 2020
Average Time to Rent 32 Days
May, 2020
Average Time to Rent 34 Days
June, 2020
Average Time to Rent 33 Days
July, 2020
Average Time to Rent 33 Days
August, 2020
Average Time to Rent 30 Days
September, 2020
Average Time to Rent 32 Days
October, 2020
Average Time to Rent 32 Days
November, 2020
Average Time to Rent 33 Days
December, 2020
Average Time to Rent 37 Days
Average time to rent a property for the last 12 months in Orlando, Florida

Orlando Real Estate Investment

Typically, an Orlando real estate investment falls into one of two categories:

Short-term rentals, also known as vacation homes.

And Long-term rentals, also known as...well...rentals.

While Orlando is known as the vacation capital of the world, only a handful of areas allow vacation homes:

Kissimmee, Davenport, Champions Gate (master-planned community located in Davenport), and Reunion Resort.

Of course, long-term rentals are allowed everywhere.

But typically investors look for homes in high-population areas, such as Downtown Orlando, Clermont, and Ocoee, where it's easy to find renters.

Short-Term Rentals

While demand for long-term rentals went up in 2020, due in large part to COVID and COVID restrictions, short-term rental owners weren't so lucky.

Soon after COVID reached Florida, Governor Ron DeSantis issued a statewide ban on short-term rentals.

This would drive occupancy rates to 0% for months.

And cause many owners to put their Orlando real estate investment up for sale.

A sad story, but what's it mean for you?

If you've been thinking of investing in an Orlando rental, now is the time.

Whether you want to invest in a long- or short-term rental, 2 market trends have each helped you out in their own way.

The first trend is the one we just mentioned:

As occupancy rates fell toward, and ultimately hit, zero in 2020, many vacation-home owners put their homes up for sale.

Moreover, and perhaps more apposite to your needs, as of January, 2021, many are still selling.

And, most importantly, this abundance of supply has driven down prices.

Making it possible to find great deals now, and wait for occupancy rates to rebound later.

In the meantime, Orlando Homes For Sale can help you convert your vacation home to a long-term rental.

A secure source of income for a whole contractual year!

Then, depending on how things look after a year, we can help you either go back to renting short-term, or renew your long-term contract.

Of course, if that all sounds a bit complicated, we can also make things simple by converting your lease to a month-by-month agreement.

Giving you the option to opt out at a moment's notice.

Long-Term Rentals

The second trend, and the one helping long-term rental investors, is people seeking a less-intrusive COVID response and lower-cost living in Orlando.

As well as a quick way to get there.

The answer they found was long-term rentals in Orlando.

Since COVID and COVID-related lockdowns began in earnest, people have been coming to Florida in droves.

1,000 people a day, in fact.

Preferring Florida's relatively lax lockdown measures over their own states', which might include things like limits on the number of friends and family in your own home.

As well as Florida's relatively low cost of living, with single-family homes available for what they might pay for condos and townhomes up north or in California.

Long-term rentals are giving them a much faster way to move, as signing a lease is a much simpler, shorter process than buying a home.

And they're giving investors a great opportunity.

As the owner of a long-term rental, your rates will reflect the current level demand - which is very high.

So will your occupancy rates.

Moreover, base on the Orlando housing market statistics, we forecast that average home price will be on the rise for some time.

Meaning, as well as passive income, your Orlando real estate investment will provide lots of appreciation value!

Why Should I Buy a Property in Orlando, Florida?

  • Orlando is one of the fastest-growing cities in the country.
  • With 60,000 new residents calling Orlando home every year.
  • And it isn't hard to see why.
  • From year-round warm weather, to a thriving job market, to pristine natural assets and an endless array of entertainment options, Orlando has something for everyone.
  • And many of the things that make Orlando a great place to buy a residential home also make it a great place to buy real estate investment!
  • But first, let's look at what makes Orlando a great place to live.

Orlando: A Great Place to Buy a Residential Property

With an influx of 60,000 new residents a year, Orlando has been ranked by wallethub.com as the 43rd fastest-growing city in the country.

But people aren't just coming for the sunshine.

Orlando is becoming a major center of industry.

With many leading tech, med-tech, and aerospace companies calling it home.

It's also gaining recognition as a serious food city.

Thanks to high-profile chefs such as Brandon McGlamery and Todd English.

But more than just jobs, people are coming to Orlando because it's a wonderful place to live.

With top-rated Orange County Public Schools giving your kids a clear path to the future.

While towns like Lake Mary (32), Maitland (36), and Clermont (41), rank among the safest in the state.

Giving you peace of mind that your house, and all the people that make it a home, are protected.

Orlando: A Great Place to Buy an Investment Property

Orlando has long been a popular, viable place to own investment real estate.

Whether it's a vacation home catering to the theme park crowds, or a long-term rental catering to Orlando's large working-class demographic.

With a vacation home, you get a private, luxurious place to stay when you visit Orlando, and a reliable source of passive income the rest of the year.

While with a long-term rental, you get passive income, the security of a one-year lease, and greater appreciation value.

Of course, COVID-19 presented the Orlando real estate investment market with some new challenges.

But it also presented many exciting new opportunities.

And Orlando housing market statistics can help us better understand what these are.

For instance, when vacation home occupancy rates began to plummet early in 2020 - bottoming out at 0% for 3 months during the ban on short-term rentals - many vacation home owners put their properties up for sale.

This sudden increase in supply brought prices down, which, in combination with historically low interest rates and the continued growth of Orlando's theme park sector, gave investors a great opportunity:

To get a great deal now, on a great investment in the future.

Increased Demand for Long-Term Rentals

Another opportunity granted by COVID was increased demand for long-term rentals.

As lockdown measures tightened around the country, people paying premium rates for small accommodations in cities like New York, Boston, and Los Angeles started to rethink some big life choices.

What were they doing paying a premium for a great location, when everything that location had to offer was locked down?

Especially when a place like, Orlando, Florida was dangling its low cost of living and lax COVID restrictions in their face?

So, many decided to move, and, looking to make a quick exit, set their sights on the easiest, fastest type of housing to obtain:

Long-term rentals.

The Orlando housing market statistics corroborate this.

Orlando Real Estate Market Forecast - Increased Demand for Long-Term Rentals

Looking at the Data

Orlando Real Estate Market Trends Data

Looking at the data, we see that the number of homes rented has been climbing.

And rent rates are also going up.

All of which leads us to forecast that, in 2021, long-term rentals will remain a viable type of real estate investment in Orlando.

With a long-term rental, you'll have the security of a year-long contract with a single owner.

Giving you a reliable source of income.

As well as a well-vetted, trusted tenet - in whom your trust only grows over time.

Moreover, you'll have Orlando Homes For Sale as a reliable option for property management services.

There to give you the protection, and find you the tenets, you and your assets deserve.

Orlando Real Estate News

In the news today, it seems like there's a breaking story every hour.

And real estate news is no exception. 2020 took the Orlando real estate market on a wild ride, and, even though we've entered 2021, the ride seems far from over.

Here are just a few of the surprising Orlando real estate stories making headlines today:

Orlando is Growing!

When COVID-19 spread to Orlando, it seemed like the city went into hibernation.

The theme parks closed down, stores and windows shuddered their windows, and curfews went into effect.

But behind closed doors, Orlando was doing anything but sleeping.

We were planning, organizing, preparing to take 2021 by storm.

And we were growing.

Indeed, now, as the miasma of COVID begins to clear and Orlando begins to reopen, we get our first glimpses at what it's been up to all along.

For starters:

Orlando Housing Market New Residential Construction

New Residential Construction

Orlando's population has been growing for quite some time.

But as harsh COVID lockdowns and economic impacts began to make other cities unlivable, demand for the City Beautiful skyrocketed.

Now, as of January, 2021, Orlando is the 43rd-fastest-growing city in the country.

With more than 1,000 people making the move every day.

To accommodate them, many parts of Orlando have started building, or getting approval to build, new homes.

Like Osceola County, for instance.

According to bizjournals.com, on January 5th, 2021, the Osceola County Development Review Committee approved the construction of 1,600 new homes in Osceola County.

Including at such communities as The Crossings at Jones Road, Magic Village Resort III, Champions Gate, and more!

Then there's Celebration's newest addition, Island Village.

With Celebration's 5th and final development, Island Village, builder Mattamy Homes will add 1,300 new homes to the Disney-developed community.

Including sumptuous single-family homes, chic condos, and luxury townhomes.

Single-family homes will feature 3 to 5 bedrooms, options for between 1,613 and over 3,200 square feet of living space, and Celebration's signature architectural playfulness.

Moreover, the development will include 30,000 square feet of civic and retail space.

Giving you everything your active lifestyle demands in one convenient location!

Of course, homes aren't the only things being built in Orlando.

Orlando Real Estate Market Theme Parks

Theme Parks

The theme park capital of the world will soon add a brand-new park to its empire:

Universal's Epic Universe.

Where you'll find lands themed after famous franchises like Fantastic Beasts, Universal Classic Monsters, and Super Nintendo.

In addition to a new park, many of Orlando's existent theme parks are adding new attractions.

Such as the Velocicoaster at Islands of Adventure, Remy's Ratatouille Adventure at EPCOT, and the TRON Lightcycle Run at the Magic Kingdom.

New parks and attractions will bring thousands of jobs to Orlando.

Not to mention thousands of tourists.

And this, in addition to Orlando's growing population, presents many exciting opportunities.

As Orlando adds attractions, vacation homes become a more and more viable investment option.

While, as it adds residents, residential homes appreciate like never before.

Contact Orlando Homes For Sale to see how, with an Orlando real estate investment, you can leverage Orlando's growth to grow your portfolio.

Orlando Housing Market Mortgage Rates at Record Lows

Mortgage Rates at Record Lows

When the coronavirus pandemic began to hit its stride in the United States, the FED feared a full-scale economic collapse.

So they took drastic measures.

To stimulate the economy, the Fed began to slash mortgage rates to record lows.

And today, while the curve has been flattened quite a bit, rates are still falling.

In fact, as of the writing of this page, Forbes is reporting that interest rates for a 30-year fixed-rate mortgage have set yet another record.

Falling to an historically low level of 2.65%.

But with the advent of the vaccine, rates are sure to start climbing again soon.

To get in on record-low mortgage rates while you still can, contact Orlando Homes For Sale today!

Average Home Price In Orlando

Average Orlando Home Price Is on the Rise

Despite the pandemic, the average Orlando home price is going up.

But don't just take our word for it.

The proof is in the Orlando housing market statistics.

Looking at the numbers, we see that the average Orlando home price was up to $323,000 in December, 2020.

A significant improvement over the December, 2020 average of $323,000 in December, 2020.

Which makes it likely that the average home price in Orlando will continue to rise into the foreseeable future.

That means that, not only is now a good time to sell your home in Orlando.

It's also a good time to buy Orlando homes rack up appreciation value.

Orlando Real Estate Market Occupancy Rates Back Up

Occupancy Rates Back Up

Orlando is the vacation capital of the world.

So when legislators began implementing travel bans to slow the spread of COVID-19, Orlando's biggest economic sector was hit hard.

As part of the tourism sector, vacation homes likewise took a beating.

With occupancy rates falling to all-time lows.

And ultimately, thanks to an all-out ban on short-term rentals between March and May, bottoming out at 0%.

By June, however, things had started to pick back up.

And from August to December, occupancy rates had climbed back to 36-42%.

Fast forward to now, January 2021, and there's even better news:

Occupancy rates are back at full capacity!

And that's thanks almost exclusively to American tourists.

As vaccines are rolled out and travel bans rolled back, Orlando will once again be a hub for tourists from all over the world.

And the world's best place to own a vacation home.

Orlando Real Estate Market Forecast

Looking at the Orlando housing market statistics, we've seen how the market performed in 2020.

As well as how it's performing now in January, 2021.

But what's the future hold?

The Orlando housing market statistics can help us make a forecast.

And the number-one takeaway:

Orlando is Growing!

Despite the COVID-19 pandemic, and in some respects, because of it, Orlando is growing at an unprecedented rate.

Under lockdown, the city has been building.

Adding new homes, new attractions, and improving vital pieces of infrastructure like I-4 and the SunRail train system.

All of which is creating thousands of jobs for the people who call Orlando home.

Now, contrast that with other major cities like Los Angeles, New York, and Boston.

What do we see in cities like these?

Economies struggling under the weight of COVID restrictions.

Leaving people with no way to pay the high cost of living incurred in these cities.

Or, if they can still afford to live there, leaving them to pay a premium for cramped quarters in a great location which, because of lockdowns, they can't use.

To these disaffected souls, Orlando put out its hand.

Promising a low cost of living (including no state tax) and a strong economy.

Plus great weather and entertainment which, thanks to lax COVID restrictions, they'd have the freedom to get out and enjoy.

The choice was a no-brainer.

And the result was a staggering influx of people.

1,000 a day, in fact, as of the writing of this update.

And while that's been great for Orlando in the near term, it could spell trouble for the future.

The Double-Edged Sword of Growth

If Orlando continues at its current growth rate, in 10 to 15 years it could find itself cursed with the same high cost of living as cities like Los Angeles and New York.

And if that happens, it's only a matter of time before Orlandoans start leaving their city, too.

Taking all the demand, and the good prices, with them.

Don't wait till then.

If you've been thinking of an Orlando real estate investment, now is the time to do it.

Orlando is growing quickly, with no signs of slowing down.

And the average price for an Orlando home is on the rise.

But it won't stay that way forever.

Find your Orlando real estate investment at one of the great new communities below...before it's too late! 

Island Village

Island Village is Celebration's fifth and final village.

With homes slated to go on sale in the spring of 2021.

Of course, when they do go on the market, they won't stay there long.

Celebration is the famous "community of tomorrow" dreamed up by none other than Walt Disney.

Talk about brand recognition, huh?

And while the Disney Company no longer owns the community, Celebration retains its developer's hallmark traits:

High quality, smart design, and most of all, magic!

Island Village will feature condos, townhomes, and single-family homes.

All available in a variety of sizes, styles, and prices.

As well as thirty thousand square feet of civic, commercial, and recreational space.

Where you'll find everything you need - essentials and guilty pleasures - in one convenient location!

With this mix of world-class amenities, quality homes, and great brand recognition, Island Village homes are sure to appreciate for years to come.

So contact Orlando Homes For Sale to see how you can make investment magic at Island Village, Celebration!

Paradiso Grande

With its grand opening in 2021, Paradiso Grande will become the first and only place in Orlando you can rent single-family homes short term.

As such, it will also become the hottest real estate investment destination in Orlando.

With Paradiso Grande, you'll have the market cornered.

With a low-supply, high-demand commodity that stays booked and keeps paying!

Paradiso Grande will feature 3 to 15-bedroom homes.

As well as an amazing location off I-Drive, close to a huge trove of attractions.

Such as Disney, SeaWorld, Universal Studios, Old Town, Fun Spot America, and Icon Park

And many popular points of interest.

Like the Orange County Convention Center and Downtown Orlando.

Letting you rent this Orlando real estate investment to 2 reliable demographics: vacationers and business tourists.

Of course, with specs like that, once these homes are built they'll go fast.

But with Orlando Homes For Sale, you don't have to stress it.

Join our exclusive Paradiso Grande Resort Waiting List to get frequent updates about the community, and an alert letting you know when your dream property is ready!

Champions gate

Champions Gate is Orlando's premier golf resort.

With the Greg Norman-designed National and International twin courses giving players 2 distinct rounds of championship golf.

While luxury short-term rentals - including condos, townhomes, and single-family homes - let them stay where they play.

Moreover, Champions Gate happens to be just 10 minutes from the Walt Disney World Resort.

Making it a popular place to stay for visitors to the park.

And giving you, like Paradiso Grande, 2 reliable pools of tourists to rent to: golfers and Disney-goers.

This amazing Orlando resort has plenty of real estate investment homes ready to start making you money today.

But if you want the ultimate investment in the future, you'll have to be patient.

Builder, Lennar Homes, is adding 117 brand-new homes to the 5,000 that already populate the resort.

And while building is just getting underway, these homes will be worth the wait.

Not only will they afford you all the benefits of Champions Gate's great location and broad appeal.

As new-construction homes, they'll also promise lower maintenance and higher appreciation value.

But whatever kind of home you're looking for, contact Orlando Homes For Sale today to see how we can help you invest like a champion!

While this page has focused on Orlando housing market statistics, Orlando is far from the only place that's growing in Florida. In fact, the whole state is growing. And it's happening faster than ever.

After a long summer cooped up indoors under lockdown, people were elated when stay-at-home orders finally lifted. They masked up, ran outside, and what did they find?

Well, if they live in cities like New York or Boston, they found themselves smack in the middle of too-cold-to-be-outside season. So maybe they ran back inside, bundled up, and hit the streets again.

And then what did they find?

Restaurants unable to seat more than 25% of their usual crowds, venues unable to host live sports or music, and stores boarding up and moving online. In short, all the great local amenities they pay a premium to live close to, suddenly not so great. The same problems were plaguing people in cities like Los Angeles, too.

Minus the cold, of course. And so, facing a high cost of living for a low quality of life, these people set their sights on the place where that script was flipped:

Florida.

Today, they're coming at an unprecedented volume of 1,000 a day. Making Florida the 5th fastest-growing state in the country. With its 4th largest economy! But it's only a matter of time before Florida gets too big for its britches. The average home price in Orlando is rising rapidly. And we forecast that, in 10 to 15 years, it could look like California and New York do today.

Don't wait until it's too late to invest.

Orlando Real Estate Market Historical Data

Checking in on the Orlando housing market statistics is a great way to see how the market is doing at a given point in time. But to get the best understanding of how the market behaves, you need to take a more comprehensive view. Let's take a look at how the market performed between 2007 and 2021.

2007

Orlando Real Estate Market in 2007

By December of 2007, we were starting to see signs of the imminent market crash and the recession that would follow.

Sales were down 44.68% under the previous year.

And average Orlando home price was 10% lower than in December, 2006.

2008

Orlando Real Estate Market in 2008

By December, 2008, we saw the recession begin in earnest.

With median price falling 25.56% below where it was in December, 2007.

While sales shot up 34.29% as owners made desperate bids to offload their assets before prices fell even further.

2009

Orlando Real Estate Market in 2009

In 2009, we saw more of the same tell-tale signs of collapse.

As the average Orlando home price fell an additional 28.36%

And as more owners tried to jump ship, driving sales up again by 66.78%.

2010

Orlando Real Estate Market in 2010

By 2010, however, we were getting our first glimmers of hope.

Interest rates were beginning to fall again as lenders regained confidence in the market.

While the decrease in home values slowed to a 12.5% reduction, compared to the 28.36% drop the year before.

2011

Orlando Real Estate Market in 2011

Then, in 2011, the Orlando housing market statistics started to show the first real signs of recovery.

With interest rates falling to just 3.99%, down almost a whole percentage point from the December, 2010 rate of 4.93%.

And with the Average Orlando home price rebounding 13.33%!

2012

Orlando Real Estate Market in 2012

Interest rates fell again in 2012, reaching 3.46% by December.

Prices, too, showed that the market was continuing to rally.

Spurred by a low inventory of -463, prices reached a median value of $132,500 by year's end.

2013

Orlando Real Estate Market in 2013

Inventory fell another 188 points in 2013.

Driving up prices yet again, this time by 20.75%.

Interest rates, however, climbed back to 4.57%.

2014

Orlando Real Estate Market in 2014

These trends continued into 2014, with inventory falling to 11,557 by December.

Nudging the average Orlando home price up again by 5.62%.

While interest rates made yet another 180-degree turn, this time falling to 3.86%.

2015

Orlando Real Estate Market in 2015

And again into 2015, where we saw interest rates ping-pong back up to 4.02%.

Inventory continuing to fall by 666 points.

And prices continuing to rise, with a year-over-year increase of 9.47%.

2016

Orlando Real Estate Market in 2016

2016 looked a lot like 2015, with a comparable interest rate of 4.32%.

As well as a comparably low inventory of 8,590.

And only a slight uptick in the rate of change of prices, with the average Orlando home selling for 12.7% more than in 2015, compared to 2015's improvement of 9.47%.

2017

Orlando Real Estate Market in 2017

2017 brought more growth to the Orlando housing market.

With prices rising by 10.31%.

And sales up 1.6% over the previous year.

2018

Orlando Real Estate Market in 2018

In 2018, however, the growth slowed.

As sales dropped 20.46%.

And as prices only increased by .87 percentage points.

2019

Orlando Real Estate Market in 2019

But 2019 saw the market rally once again.

As interest rates dropped to 3.66%, helping boost sales to 25.23% above where they were in 2018.

And sending prices up 7.33%.

2020

Orlando Real Estate Market in 2020

Despite the outbreak of COVID-19, the Orlando real estate market continued to grow in 2020.

With year-end sales up 20.36%.

And median price climbing an impressive 14.58%.

2021

Orlando Real Estate Market in 2021

And so we find ourselves in 2021, and the future looks bright!

Looking at the Orlando housing market statistics so far, we forecast that the average and median home price will continue to rise into the new year and beyond.

And that interest rates will stay low for some time.

Of course, as 2020 proved, the market always has surprises in store.

That's why Orlando Homes For Sale is always looking out for the latest trends and changes.

Helping us, and you, stay a step ahead of the game!

An Orlando Realtor for All Your Needs

As the premier real estate agent in Orlando, Orlando Homes For Sale has the range of services to meet all your real estate needs. Whatever type of home you’re looking for, an Orlando Homes For Sale broker will get to know you, your goals, and your expectations.

And help you find a home as unique as you and your family.

Count on Orlando Homes For Sale for:

Single-Family Homes for Sale in Orlando

A single-family home gives your family the space they deserve, and Orlando housing market statistics tell us they're appreciating at an amazing rate!

Count on Orlando Homes For Sale to help you maximize your ROI and quality of life with the best single-family homes for sale in Orlando FL.

Condos and Apartments for Sale in Orlando

Condos for sale in Orlando make a great option for buyers on a budget, and seasonal residents looking for a low-maintenance second home.

Pool Homes for Sale in Orlando

A private pool adds entertainment value, as well as appreciation value, to your home.

Count on Orlando Homes For Sale for great deals on homes for sale in Orlando FL with pool!

Lakefront Homes in Orlando

A lake view can add serious appeal to your investment rental.

But with high ticket prices, it can be easy to get in over your head.

Count on Orlando Homes For Sale to help maximize your ROI with great deals on Orlando lakefront homes for sale!

New Homes for Sale in Orlando

Orlando is growing, with thousands of new-construction homes for sale at great communities like Champions Gate, Paradiso Grande, and Island Village, Celebration.

Check out our current inventory of new homes for sale in Orlando to find yours today!

Luxury Homes for Sale in Orlando

With a low average home price, Orlando is the ultimate place to buy luxury homes.

But for the best price possible on luxury homes for sale in Orlando FL, count on Orlando Homes For Sale.

Vacation Homes for Sale in Orlando

Where better to own a vacation home than the vacation capital of the world!

And where better to find great deals on Orlando vacation homes for sale than Orlando’s premier vacation home dealer – Orlando Homes For Sale.

Villas for Sale in Orlando

A vacation home is one thing, but a vacation villa takes the luxury up a notch.

Count on Orlando Homes For Sale to help you get the price you deserve on Orlando villas for sale.

Community Homes for Sale in Orlando

Community homes offer the safety of a gated entrance, and the luxury of resort-style amenities.

Here are just some of the amazing Orlando communities we serve:

Royal Cypress Preserve

Royal Cypress Preserve boasts new-construction homes by Toll Brothers, a robust amenities package, and the added privacy and safety of a gated entrance.

See In Royal Cypress Preserve Homes For Sale

Havencrest

Havencrest features innovative home designs by builder, Taylor Morrison, tranquil lake views, and all the luxury amenities you and your renters deserve.

See In Havencrest Orlando Homes For Sale

Solaire at the Plaza

Solaire at the Plaza boasts an exclusive location in the middle of Downtown Orlando.

Imagine: living in the heart of one of the most vital cities in the US.

Where world-class food, shopping, nightlife, and jobs, are just a short walk away.

And now stop imagining and call Orlando Homes For Sale!

See In Solaire Apartments For Sale

Paradiso Grande Resort

Slated for a 2021 grand opening, Paradiso Grande Resort will soon be Orlando's premier real estate investment community.

You can corner the market with Orange County’s only single-family vacation homes, and an incredible location less than 5 miles from Disney.

And with Orlando Homes For Sale, you can secure your place in paradise now.

Sign up for our Paradiso Grande waiting list, and we’ll bring paradise to you!

See Paradiso Grande Resort Orlando For Sale

Vista Cay Resort

Vista Cay Resort features luxury condos just 12 minutes from Disney.

For a low-risk, low maintenance investment opportunity you don’t want to miss!

See All Vista Cay Real Estate For Sale

Lake Buena Vista Resort

Looking to maximize your occupancy rates with a great location?

At just 3 minutes from Disney, Lake Buena Vista Resort could be just what you’re looking for!

See All Homes In Lake Buena Vista For Sale

Floridays Resort

Located on world-famous I-Drive, Floridays Resort is one of Orlando’s best-located communities.

Disney, Universal, SeaWorld, and the Convention Center, are all under 15 minutes away.

But with attractions like Icon Park, Old Town, and Fun Spot America within walking distance, and a range of resort-style amenities at Floridays, your renters can have the vacation of a lifetime without even leaving the main drag.

See The Best Floridays Real Estate For Sale

The Numbers Don't Lie: There's Never Been a Better Time to Invest in Orlando

So, if you're thinking of Orlando for your next real estate investment, the time is now, and the team is Orlando Homes For Sale.

Because, as the housing market statistics show, with record-low interest rates, a rising average home price, and a growing population, there's never been a better time to invest in Orlando.

And there's no better team in Orlando than Orlando Homes For Sale.

We have the local-market knowledge to help you maximize your ROI.

And the skills to help you get a great price.

Moreover, with Property Management by Orlando Homes For Sale, you can be sure your home stays clean, safe, and booked - the whole year through.

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