Real Estate Market Update for Orlando, FL

Video: Real Estate Community Tour for Orlando, FL

See Real estate community tour for Orlando, FL Orlando, with many well known tourist attractions, receives over 50 million visitors annually. Over two million people call it home. Known as The City BeautifulOrlando offers a diversified blend of old and new. Lake Eola Heights and Thornton Park are graced with stately homes and quaint brick streets. Historic Church Street boasts an exciting array of restaurants, retail, and cultural attractions. The Amway Center is home to the NBAs Orlando Magic, and soccer fans enjoy the Orlando City USL team at the famous Citrus Bowl. A number of educational institutions serve the area, including the University of Central Florida. Orlandos balmy climate makes winter a pleasurable experience. With historically low unemployment, Metro Orlando is a center for tourism, entertainment, research and technology. Getting around is easy on a well designed network of interstates, expressways, and public transportation. When its all said and done, youll find Orlando is a great place to call home!
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 27% from one year earlier, and down 12% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 15%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold increased 9% year-over-year, and increased 13% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Orlando, with many well known tourist attractions, receives over 50 million visitors annually. Over two million people call it home. Known as The City BeautifulOrlando offers a diversified blend of old and new. Lake Eola Heights and Thornton Park are graced with stately homes and quaint brick streets. Historic Church Street boasts an exciting array of restaurants, retail, and cultural attractions. The Amway Center is home to the NBAs Orlando Magic, and soccer fans enjoy the Orlando City USL team at the famous Citrus Bowl. A number of educational institutions serve the area, including the University of Central Florida. Orlandos balmy climate makes winter a pleasurable experience. With historically low unemployment, Metro Orlando is a center for tourism, entertainment, research and technology. Getting around is easy on a well designed network of interstates, expressways, and public transportation. When its all said and done, youll find Orlando is a great place to call home!
Show Transcript
Map Information for Orlando, FL
Area Information for Orlando, FL
  • Population: 242,630
  • Median Age: 32.96 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 6.5%
  • Population Density: 2,370/sq mi
  • Population Change Since 2000: 20.81%
  • Closest Airport: Orlando International
  • Closest College: Florida College Of Integrative Medicine
  • Closest Jr. College: Valencia Community College-osceola
  • Median Household Income: $44,064
  • Annual Residential Turnover: 26.29%
  • Median Years in Residence: 2.38 yr
  • Median Home Sales Price: $85,000
  • Closest Major Sports Team: Tampa Bay Lighting
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Orlando, FL
Median Age: 32.96 Married: 22% Number of Households: 105,747 Households with Children: 28,895
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Orlando, FL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Avalon Middle School 2.2 mi Public 6-8 4-5 4
      Avalon Elementary School 2.2 mi Public K-5 5 4
      Timber Creek High School 2.7 mi Public 9-12 4 4
      Timber Lakes Elementary School 2.7 mi Public K-5 4-5 5
      Camelot Elementary School 4.3 mi Public PRESCHOOL-5 4 4
      Sunrise Elementary School 4.5 mi Public PRESCHOOL-5 5 4
      Discovery Middle School 5.4 mi Public 6-8 4 4
      Growing Together Academy 5.7 mi Private PRESCHOOL-K 0 5
      Andover Elementary School 6.3 mi Public PRESCHOOL-5 4-5 5
      Montessori School Of East Orlando 6.6 mi Private PRESCHOOL-6 0 3
      Cypress Springs Elementary School 7.2 mi Public PRESCHOOL-5 4-5 4
      East Lake Elementary School 7.4 mi Public PRESCHOOL-5 4-5 5
      Deerwood Elementary School 8.4 mi Public K-5 4-5 5
      Faith Christian Academy 8.4 mi Private PRESCHOOL-12 0 4
      Moss Park Elementary School 8.7 mi Public K-5 4-5 4
      Odyssey Middle School 8.7 mi Public 6-8 3-5 4
      Eastland Christian School 9.0 mi Private PRESCHOOL-12 0 4
      Trace Academy 9.3 mi Private K-8 0 5
      Ucp Transitional Learning Academy Middle School 9.5 mi Public 6-8 0 5
      Vista Lakes Elementary School 9.5 mi Public PRESCHOOL-5 4-5 4
      Northlake Park Community Elementary School 10.3 mi Public K-5 4-5 4
      Leaders Prepatory School 11.0 mi Private PRESCHOOL-12 0 5
      Lake Nona High School 11.0 mi Public 8-12 3-5 5
      Forsyth Woods Elementary 11.6 mi Public PRESCHOOL-5 2-5 5
      Good Shepherd Catholic School 12.1 mi Catholic 3-8 0 4
      Azalea Park Baptist School 12.1 mi Private PRESCHOOL-8 0 3
      Lake George Elementary School 12.3 mi Public K-5 4 4
      Conway Middle School 12.8 mi Public 6-8 3-5 4
      Christian Victory Academy 12.9 mi Private K-12 0 4
      Shenandoah Elementary School 13.0 mi Public K-5 3-5 4
      Audubon Park Elementary School 13.8 mi Public PRESCHOOL-5 4-5 4
      Pinecrest Preparatory Charter School 14.0 mi Public K-8 2-5 4
      Glenridge Middle School 14.3 mi Public 6-8 4 4
      Central Florida Leadership Academy Charter 14.4 mi Public 6-11 3 5
      Childs Place 14.4 mi Private PRESCHOOL-1 0 5
      Lake Como Elementary School 14.4 mi Public K-5 2 4
      Beeman Park Preparatory School 15.0 mi Private PRESCHOOL-5 0 4
      Blankner K-8 15.0 mi Public PRESCHOOL-8 4-5 5
      William R Boone High School 15.2 mi Public 9-12 3-5 4
      Cornerstone Charter Academy High School 15.2 mi Public 9-12 4 5
      Pine Castle Elementary School 15.3 mi Public PRESCHOOL-5 3 5
      Howard Middle School 15.5 mi Public 6-8 3-5 4
      Hillcrest Elementary School 15.5 mi Public K-5 5 4
      Ucp Charter School 15.7 mi Public PRESCHOOL-K 0 4
      Academy For Autism 15.8 mi Private - 0 4
      The Christ School 16.0 mi Private K-8 0 4
      Trinity Lutheran School 16.0 mi Private PRESCHOOL-8 0 4
      Lake Highland Preparatory School 16.1 mi Private PRESCHOOL-12 0 4
      Lake Eola Charter School 16.1 mi Public K-8 4-5 5
      Orange County Virtual School 16.6 mi Public K-12 4 5
      Harvest Baptist Christian Academy 16.7 mi Private PRESCHOOL-8 0 5
      Wetherbee Elementary 16.8 mi Public PRESCHOOL-5 3-5 5
      Nap Ford Community Charter School 16.8 mi Public PRESCHOOL-5 1 4
      Living Word Academy 16.9 mi Private PRESCHOOL-8 0 4
      Princeton Elementary School 16.9 mi Public K-5 4-5 4
      College Park United Methodist Primary School 17.2 mi Private PRESCHOOL-PRESCHOOL 0 5
      St. John Vianney Elementary School 17.2 mi Catholic PRESCHOOL-8 0 5
      Rio Grande Charter 17.3 mi Public PRESCHOOL-5 0 4
      Pine Castle Christian Academy 17.5 mi Private PRESCHOOL-12 0 5
      Southwood Elementary School 17.8 mi Public K-5 3 4
      Bishop Moore Catholic High School 17.8 mi Catholic 9-12 0 4
      Saint Charles Borromeo Parish School 17.9 mi Catholic PRESCHOOL-8 0 4
      Orange Center Elementary 17.9 mi Public K-5 2-5 3
      Tri-l Christian Academy 18.1 mi Private PRESCHOOL-8 0 4
      Mid Florida Tech 18.2 mi Public UNGRADE-UNGRADE 0 5
      Silver Star Center 18.2 mi Public 6-12 0 5
      The Paragon School 18.4 mi Private K-12 0 4
      Oakshire Elementary School 18.6 mi Public PRESCHOOL-5 4 4
      Orlando Science Middle High Charter School 18.7 mi Public 6-12 5 4
      The First Academy 18.8 mi Private K-12 0 5
      Avalon School 18.8 mi Private 1-12 0 5
      Regency Christian Academy 18.8 mi Private PRESCHOOL-8 0 5
      Eccleston Elementary School 19.2 mi Public PRESCHOOL-5 2 4
      Endeavor Elementary School 19.4 mi Public PRESCHOOL-5 4-5 4
      Ibn Seena Academy 19.4 mi Private PRESCHOOL-11 0 4
      Victory Christian Academy 19.5 mi Private K-11 0 5
      John Young Elementary School 20.3 mi Public PRESCHOOL-5 4 4
      Mollie Ray Elementary School 20.7 mi Public PRESCHOOL-5 1 4
      Saint Andrew Catholic School 21.1 mi Catholic PRESCHOOL-8 0 4
      Beryl Wisdom Adventist School 21.2 mi Private PRESCHOOL-8 0 3
      Montessori Way School 21.2 mi Private PRESCHOOL-K 0 5
      Heritage Preparatory School 21.3 mi Private PRESCHOOL-12 0 4
      One Accord Christian Academy 21.3 mi Private K-12 0 5
      Hunters Creek Elementary School 21.5 mi Public K-5 4 4
      Ridgewood Park Elementary School 21.8 mi Public PRESCHOOL-5 1 3
      Dr. Phillips High School 21.9 mi Public 9-12 3 4
      Edgewood Children's Ranch 22.6 mi Private 2-12 0 4
      West Creek Elementary School 22.8 mi Public PRESCHOOL-5 5 4
      Dr. Phillips Elementary School 22.9 mi Public K-5 4-5 4
      Magnolia 23.0 mi Public PRESCHOOL-12 0 4
      Palm Lake Elementary School 23.0 mi Public K-5 4-5 5
      Windy Ridge K-8 23.1 mi Public PRESCHOOL-8 4-5 5
      William Frangus Elementary School 23.1 mi Public PRESCHOOL-5 3 4
      Sand Lake Elementary School 23.7 mi Public PRESCHOOL-5 4-5 5
      Olympia High School 23.8 mi Public 9-12 4 4
      Holy Family Catholic School 23.8 mi Catholic PRESCHOOL-8 0 5
      Central Florida Christian Academy 23.8 mi Private PRESCHOOL-12 0 4
      Bay Meadows Elementary School 24.0 mi Public K-5 4-5 5
      Montessori World School 24.5 mi Private PRESCHOOL-8 0 4
      Way Of Grace Academy & Learning Center 24.6 mi Private PRESCHOOL-6 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Orlando, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.