Useful "News" and Updates on the Orlando, Central Florida Real Estate market.

All information provided is for reference purposes only, and Florida Property Agency does not guarantee the accuracy of said information.



Florida Real Estate Articles

Orlando's median home price drops 2.0 percent to $245,000

The median price of a home purchased in the Orlando area in August of this year decreased to $245,000, a 2.0 percent drop over August 2006's median price of $250,000. March and April of this year posted lower median prices: $240,000 and $242,100, respectively.

Sales Slow, Median Price Edges Down in February 2007 (FAR)


ORLANDO, Fla., March 23, 2007 - Florida's housing sector continued to show a more sustainable pace of sales in February, while still-low mortgage rates sparked buyer interest, according to the Florida Association of Realtors® (FAR). Statewide, sales of single-family existing homes totaled 10,779 last month compared to 14,080 homes sold in February 2006 for a 23 percent decrease.

Median Price Up, Sales Down in 2006 (NAFR)

Florida's housing market mirrored the national trend in 2006, with sales of existing single-family homes slowing to a more sustainable pace following a five-year run of record closings.

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