$10,000 Closing Credit*
$970,000
3,600 SqFt
5 Beds
•4 Full Baths
Beatriz Terrassa, Listing Office: MY REALTY GROUP, LLC.
Is City of Orlando / GOAA, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, City of Orlando / GOAA was a Buyer's Market.
Key Takeaway
City of Orlando / GOAA is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in City of Orlando / GOAA, FL
How much do homes in City of Orlando / GOAA, FL cost?
Median Sold Price
$879,990
$297/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$20,558(+2.4%)
Key Takeaway
Homes in City of Orlando / GOAA have sold for 2.4% more than they did a month ago.
Summary: The median home sold price in City of Orlando / GOAA was $879,990 in October 2024, up 2.4% from last month, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $589.9K | $602.5K | +2.1% |
| 4 Bedrooms | $859.4K | $823.3K | -4.2% |
| 5+ Bedrooms | $1.0M | $914.9K | -13.4% |
Summary: City of Orlando / GOAA housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 13.4%.
Housing Supply in City of Orlando / GOAA, FL
How many homes are available in City of Orlando / GOAA, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 76 | +1.3% |
Summary: The City of Orlando / GOAA real estate market had 76 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 30 | 28 | -6.7% |
Summary: The City of Orlando / GOAA housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in City of Orlando / GOAA, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in City of Orlando / GOAA in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for City of Orlando / GOAA, FL
How long does it take to sell a home in City of Orlando / GOAA, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 197 Days | +464.9% |
Summary: Homes in City of Orlando / GOAA had an average of 197 days on market in Oct 2024, up by 464.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in City of Orlando / GOAA has remained consistent over time.
Summary: During October 2024, 11 homes were sold in City of Orlando / GOAA; 18% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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