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Valence Realty Group

Chuck & Cyndy Valence, Broker/Owners
Serving the Greater Orlando Area

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Orlando Housing Market Report Video – February 2016

March 16, 2016 by cvalence

Orlando median price continues upward trek
as buyer demand for homes outstrips inventory in February

The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price.

The overall median price (all sales types and all home types combined) for the month of February 2016 is $185,000, a 12.19 percent jump compared to the $164,900 median price in February 2015. The median price is up 2.78 percent compared to the January 2016 median of $180,000.

The Orlando median home price has now experienced year-over-year increases for the past 55 consecutive months; as of February the median price is 60.17 percent higher than it was in July 2011.

Filed Under: Market Reports

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Cyndy & Chuck Valence

Valence Realty Group

Greater Orlando Area REALTORS®
Chuck (407) 797-5034
Cyndy (Spanish) (407) 810-3434
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