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 April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 31% from one year earlier, and down 9% 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 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold decreased 5% year-over-year, and increased 28% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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: 260,168
  • Median Age: 35.02 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,533/sq mi
  • Population Change Since 2000: 29.25%
  • Closest Airport: Orlando International
  • Closest College: Florida Hospital Clg Of Health Science
  • Closest Jr. College: Valencia Community College
  • Median Household Income: $44,973
  • Annual Residential Turnover: 26%
  • Median Home Sales Price: $120,000
  • Closest Major Sports Team: Orlando Magic
  • Change Avg. Household Income Since 2000: 30.33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Orlando, FL
Median Age: 35.02 Married: 29% Number of Households: 111,685 Households with Children: 26,598
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 School Rating Parent Rating
      Avalon Elementary School 2.1 mi Public K-5 5 0
      Avalon Middle School 2.1 mi Public 6-8 4 0
      Timber Creek High School 2.7 mi Public 9-12 4 4
      Timber Lakes Elementary School 2.7 mi Public K-5 4 0
      Stone Lakes Elementary School 3.0 mi Public K-5 5 0
      Camelot Elementary School 4.4 mi Public PRESCHOOL-5 4 0
      Corner Lake Middle School 4.4 mi Public 6-8 3 0
      Sunrise Elementary School 4.5 mi Public PRESCHOOL-5 5 0
      Columbia Elementary School 5.3 mi Public PRESCHOOL-5 4 4
      Discovery Middle School 5.5 mi Public 6-8 4 0
      Waterford Elementary School 5.6 mi Public K-5 4 0
      Andover Elementary School 6.3 mi Public PRESCHOOL-5 5 0
      East River High School 6.3 mi Public 9-12 3 3
      Legacy Middle School 6.9 mi Public 6-8 3 0
      Cypress Springs Elementary School 7.2 mi Public PRESCHOOL-5 4 0
      East Lake Elementary School 7.3 mi Public PRESCHOOL-5 4 0
      University High School 8.0 mi Public 9-12 3 3
      Deerwood Elementary School 8.4 mi Public PRESCHOOL-5 4 0
      Faith Christian Academy 8.4 mi Private K-12 0 0
      Moss Park Elementary School 8.7 mi Public K-5 4 4
      Odyssey Middle School 8.7 mi Public 6-8 3 5
      Downey Christian School 8.9 mi Private K-12 0 0
      Eastland Christian School 9.0 mi Private PRESCHOOL-12 0 0
      Union Park Middle School 9.2 mi Public 6-8 1 0
      Vista Lakes Elementary School 9.4 mi Public PRESCHOOL-5 4 0
      Arbor Ridge K-8 10.1 mi Public PRESCHOOL-8 5 0
      Northlake Park Community Elementary School 10.5 mi Public K-5 4 0
      Leaders Prepatory School 11.0 mi Private PRESCHOOL-12 0 0
      Lake Nona High School 11.0 mi Public 8-12 4 4
      Lake Nona Middle School 11.0 mi Public 6-8 4 0
      Acceleration Academy 11.8 mi Public 8-12 1 3
      Colonial High School 11.9 mi Public 10-12 2 3
      Orlando Christian Prep 12.0 mi Private PRESCHOOL-12 0 0
      Lake George Elementary School 12.2 mi Public K-5 4 0
      Azalea Park Elementary School 12.4 mi Public PRESCHOOL-5 2 2
      Conway Middle School 12.8 mi Public 6-8 3 0
      Christian Victory Academy 12.9 mi Private K-12 0 0
      Grace Christian Academy 13.5 mi Private K-12 0 0
      Audubon Park Elementary School 13.8 mi Public PRESCHOOL-5 4 0
      Glenridge Middle School 14.3 mi Public 6-8 4 0
      Central Florida Leadership Academy Charter 14.4 mi Public 6-11 4 0
      Workforce Advantage Academy Charter 14.7 mi Public 11-12 0 1
      Blankner K-8 15.0 mi Public PRESCHOOL-8 4 0
      William R Boone High School 15.2 mi Public 9-12 3 4
      Cornerstone Charter Academy High School 15.2 mi Public 9-12 4 4
      Cornerstone Academy Charter 15.2 mi Public K-12 4 4
      Hillcrest Elementary School 15.5 mi Public K-5 5 0
      Howard Middle School 15.5 mi Public 6-8 4 0
      Lake Highland Preparatory School 16.1 mi Private PRESCHOOL-12 0 0
      Lake Eola Charter School 16.1 mi Public K-8 5 5
      Oak Ridge High School 16.5 mi Public 9-12 1 3
      Orange County Virtual School 16.6 mi Public K-12 5 0
      Orange County Virtual Instruction Program 16.6 mi Public K-12 3 0
      Meadow Woods Middle School 16.6 mi Public 6-8 2 0
      Princeton Elementary School 16.9 mi Public K-5 4 0
      South Orlando Christian Academy 17.0 mi Private K-12 0 0
      Chancery High Charter School 17.2 mi Public 9-12 0 0
      Jones High School 17.4 mi Public 9-12 1 4
      Edgewater High School 17.4 mi Public 9-12 3 4
      Pine Castle Christian Academy 17.5 mi Private PRESCHOOL-12 0 0
      Memorial Middle School 17.6 mi Public 6-8 1 2
      Cypress Creek High School 17.7 mi Public 9-12 2 3
      Bishop Moore Catholic High School 17.8 mi Catholic 9-12 0 4
      Oakshire Elementary School 18.6 mi Public PRESCHOOL-5 4 0
      Orlando Science Middle High Charter School 18.7 mi Public 6-12 5 4
      Westridge Middle School 18.7 mi Public 6-8 1 2
      The First Academy 18.8 mi Private PRESCHOOL-12 0 0
      Sadler Elementary School 18.8 mi Public PRESCHOOL-5 0 5
      Freedom High School 18.9 mi Public 9-12 3 4
      Freedom Middle School 19.2 mi Public 6-8 3 3
      Carver Middle School 19.4 mi Public 6-8 0 2
      Endeavor Elementary School 19.4 mi Public PRESCHOOL-5 5 0
      Victory Christian Academy 19.5 mi Private K-12 0 0
      Gateway 19.8 mi Public 6-12 0 0
      John Young Elementary School 20.3 mi Public PRESCHOOL-5 4 0
      Lockhart Middle School 20.3 mi Public 6-8 1 4
      Sheeler High Charter School 20.5 mi Public 9-12 0 4
      Maynard Evans High School 20.9 mi Public 9-12 1 3
      Heritage Preparatory School 21.3 mi Private PRESCHOOL-12 0 0
      Hunters Creek Middle School 21.3 mi Public 6-8 4 0
      Florida Virtual School Full Time 9 12 21.4 mi Public 9-12 4 3
      Florida Virtual School Full Time K 8 21.4 mi Public K-8 4 0
      Hunters Creek Elementary School 21.5 mi Public K-5 4 0
      Robinswood Middle School 21.7 mi Public 6-8 1 0
      Sunshine High Charter 21.8 mi Public 9-12 1 1
      Dr. Phillips High School 21.9 mi Public 9-12 3 4
      Edgewood Children's Ranch 22.6 mi Private UNGRADE-UNGRADE 0 0
      West Creek Elementary School 22.8 mi Public PRESCHOOL-5 5 0
      Southwest Middle School 22.9 mi Public 6-8 4 0
      Dr. Phillips Elementary School 22.9 mi Public K-5 5 0
      Palm Lake Elementary School 23.0 mi Public K-5 4 0
      Metrowest Elementary School 23.0 mi Public PRESCHOOL-5 4 0
      Windy Ridge K-8 23.1 mi Public PRESCHOOL-8 5 0
      Chain Of Lakes Middle School 23.5 mi Public 6-8 3 0
      Sand Lake Elementary School 23.7 mi Public PRESCHOOL-5 5 0
      Acceleration Academy West 23.7 mi Public 8-12 1 0
      Olympia High School 23.8 mi Public 9-12 4 3
      Central Florida Christian Academy 23.8 mi Private PRESCHOOL-12 0 0
      Bay Meadows Elementary School 24.0 mi Public K-5 4 0
      West Oaks Academy 24.0 mi Private PRESCHOOL-12 0 0
      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: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      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.