Orlando Real Estate Market Trends for August 2016
September 23rd, 2016 by tisner
Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic.com, lets you know which projects need a seasoned hand and a beginner can undertake.
Take a look at how many families decided to become homeowners in our local market in August…
Orlando Real Estate Sales Statistics
Orange County Real Estate Sales Statistics – August 2016
Orange County home sales increased by 2.08%. Prices increased with the average sales price up 9.74% and the median price increased by 11.28%. Market times decreased by 10 days compared to August 2015.
| Orange County |
Homes Sold |
Average Sales Price |
Median Sales Price |
Average Market Times |
| August 2016 | 2010 | $258,676 | $217,000 | 50 |
| August 2015 | 1969 | $235,714 | $195,000 | 60 |
Osceola County Real Estate Sales Statistics – August 2016
Osceola County home sales decreased by 4.92%. Prices increased with the average sales price up 8.65% and the median price increased by 10.12%. Market times decreased by 8 days compared to August 2015.
| Osceola County |
Homes Sold |
Average Sales Price |
Median Sales Price |
Average Market Times |
| August 2016 | 619 | $206,385 | $185,000 | 68 |
| August 2015 | 651 | $189,949 | $168,000 | 76 |
Seminole County Real Estate Sales Statistics – August 2016
Seminole County home sales increased by 5.92%. Prices increased with the average sales price up 11.9% and the median price increased by 15.49%. Market times decreased by 5 days compared to August 2015.
| Seminole County |
Homes Sold |
Average Sales Price |
Median Sales Price |
Average Market Time |
| August 2016 | 805 | $247,122 | $220,000 | 46 |
| August 2015 | 760 | $220,850 | $190,500 | 51 |
Lake County Real Estate Sales Statistics – August 2016
Residential sales in Lake County home sales increased by 15.37%. Prices increased with the average sales price up 14.19% and the median price increased by 13.12%. Market times decreased by 12 days compared to August 2015.
| Lake County |
Homes Sold |
Average Sales Price |
Median Sales Price |
Average Market Time |
| August 2016 | 653 | $204,837 | $189,990 | 72 |
| August 2015 | 566 | $179,386 | $167,950 | 84 |
Polk County Real Estate Sales Statistics – August 2016
Polk County home sales increased by 17.2%. Prices increased with the average sales price up 10.55% and the median price increased by 12.98%. Market times decreased by 21 days compared to August 2015.
| Polk County |
Homes Sold |
Average Sales Price |
Median Sales Price |
Average Market Time |
| August 2016 | 1056 | $162,336 | $155,000 | 65 |
| August 2015 | 901 | $146,841 | $137,194 | 86 |