Is Orlovista, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orlovista is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Orlovista was a Neutral Market.

Key Takeaway

Orlovista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Orlovista, FL

How much do homes in Orlovista, FL cost?

Median Sold Price

$322,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,000(+17.5%)

Key Takeaway

Homes in Orlovista have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Orlovista was $322,000 in November 2024, up 17.5% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225K$239K
+6.2%
3 $264K$335K
+26.9%
4 $295K$332.4K
+12.7%
5+ -$676.7K
N/A

Summary: Orlovista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Orlovista
+17.5%
Metro West
-1.1%

Housing Supply in Orlovista, FL

How many homes are available in Orlovista, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2423-4.2%

Summary: The Orlovista real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1312
-7.7%
4 55
0.0%
5+ 11
0.0%

Summary: The Orlovista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orlovista, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Orlovista in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Orlovista, FL

How long does it take to sell a home in Orlovista, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days49 Days+212.8%

Summary: Homes in Orlovista had an average of 49 days on market in Nov 2024, up by 212.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orlovista are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Orlovista; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Orlovista, FL

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