To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us in person, via telephone or through video conferencing. Please call our office to discuss your options.

Good start to the year for residential property sales in Orlando

It is not uncommon for the housing market to have strong and weak periods. So far, Orlando had a good start to the year in terms of residential property sales. It has been reported that both price and sales volume have increased in this particular area, which is more than what can be said for other parts of Florida.

The midpoint price range for Orlando buyers was approximately $202,000 in January. This is about $3,000 higher than what has been seen elsewhere in the state. Pricing is believed to be up 14 percent on single-family homes, thanks to the job market and high-demand properties. Condo prices have increased nearly 18 percent compared to the previous year. These price gains have certainly been welcome news to sellers.

When it comes to single-family homes, approximately 2,000 were sold in January. This in an increase of just over four percent compared to this time the previous year. It is believed that the number of available houses on the market has decreased to a 4.5 month supply.

For those looking to sell their homes in the Orlando area, it would seem that now is a good time. Buyers seem interested, and sellers can get maximum value. The sale of residential property is a legal matter, though, and one that should not be rushed into to without making sure everything is in order. An experienced real estate attorney can help sellers throughout this process in order to ensure that they get the most out of their properties and that they are clear of any issues related to the properties they wish to sell.

Source:, "Orlando housing market outperforming Florida's", Mary Shanklin, Feb. 23, 2016

No Comments

Leave a comment
Comment Information

Request Your Free Telephone Consultation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.


North Office
950 S. Winter Park Dr
Suite 290
Casselberry, FL 32707

Toll Free: 888-681-4389
Casselberry Law Office Map

South Office
14115 Town Loop Blvd #300
Orlando, FL 32837

Toll Free: 888-681-4389
Orlando Law Office Map

At Korshak & Associates, P.A. we love feedback from our clients. Please take a moment and tell us how we’re doing!

Review Us