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Real Estate Market Update for Orlando, FL
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 41% from one year earlier, and down 18% 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 over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 230-thousand dollars. The number of units sold decreased 4% year-over-year, and held steady 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.
Show Transcript
Map Information for Orlando, FL
Area Information for Orlando, FL
  • Population: 276,816
  • Median Age: 35.88 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,688/sq mi
  • Population Change Since 2000: 37.52%
  • Closest Airport: Orlando International
  • Closest College: Devry University-orlando
  • Closest Jr. College: Valencia Community College
  • Median Household Income: $45,610
  • Annual Residential Turnover: 25%
  • Median Home Sales Price: $150,300
  • Closest Major Sports Team: Orlando Magic
  • Change Avg. Household Income Since 2000: 33.52%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Orlando, FL
Median Age: 35.88 Married: 28% Number of Households: 119,244 Households with Children: 29,066
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 5 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 2 3
      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
      Andover Elementary School 6.3 mi Public PRESCHOOL-5 4 0
      East River High School 6.3 mi Public 9-12 2 3
      Legacy Middle School 6.9 mi Public 6-8 2 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 5 0
      Faith Christian Academy 8.4 mi Private K-12 0 0
      Sun Blaze Elementary School 8.5 mi Public PRESCHOOL-5 4 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 3 4
      Acceleration Academy 11.8 mi Public 8-12 1 3
      Colonial High School 11.9 mi Public 10-12 1 3
      Orlando Christian Prep 12.0 mi Private PRESCHOOL-12 0 0
      Good Shepherd Catholic School 12.1 mi Catholic PRESCHOOL-8 0 0
      Lake Nona Middle School 12.4 mi Public 6-8 4 0
      Azalea Park Elementary School 12.4 mi Public PRESCHOOL-5 2 2
      Conway Middle School 12.8 mi Public 6-8 2 0
      Christian Victory Academy 12.9 mi Private K-12 0 0
      Shenandoah Elementary School 13.0 mi Public K-5 4 0
      Grace Christian Academy 13.5 mi Private K-12 0 0
      Audubon Park Elementary School 13.8 mi Public PRESCHOOL-5 4 0
      Central Florida Leadership Academy Charter 14.4 mi Public 6-12 3 0
      Workforce Advantage Academy Charter 14.7 mi Public 11-12 0 2
      Blankner K-8 15.0 mi Public PRESCHOOL-8 4 0
      William R Boone High School 15.2 mi Public 9-12 4 4
      Cornerstone Academy Charter 15.2 mi Public K-12 4 4
      Cornerstone Charter Academy High School 15.2 mi Public 9-12 4 4
      Ucp Charter School 15.7 mi Public PRESCHOOL-1 0 0
      Lake Highland Preparatory School 16.1 mi Private PRESCHOOL-12 0 0
      Lake Eola Charter School 16.1 mi Public K-8 4 5
      Oak Ridge High School 16.5 mi Public 9-12 1 3
      Winegard Elementary School 16.5 mi Public PRESCHOOL-5 0 3
      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
      Saint John Vianney School 17.2 mi Catholic PRESCHOOL-8 0 0
      Chancery High Charter School 17.2 mi Public 9-12 1 0
      Jones High School 17.4 mi Public 9-12 1 4
      Edgewater High School 17.4 mi Public 9-12 2 4
      Pine Castle Christian Academy 17.5 mi Private PRESCHOOL-12 0 0
      Memorial Middle School 17.6 mi Public 6-8 0 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
      Orange County Virtual School 18.2 mi Public K-12 4 0
      Orlando Science Elementary Charter 18.4 mi Public K-5 5 0
      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 3
      The First Academy 18.8 mi Private PRESCHOOL-12 0 0
      Sadler Elementary School 18.8 mi Public K-5 1 5
      Freedom High School 18.9 mi Public 9-12 3 4
      Freedom Middle School 19.2 mi Public 6-8 2 3
      Carver Middle School 19.4 mi Public 6-8 1 2
      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
      Peaceforce Christian Academy 20.5 mi Private K-12 0 0
      Maynard Evans High 20.9 mi Public 9-12 1 3
      Saint Andrew Catholic School 21.1 mi Catholic PRESCHOOL-8 0 0
      Heritage Preparatory School 21.3 mi Private PRESCHOOL-12 0 0
      Hunters Creek Middle School 21.3 mi Public 6-8 4 0
      Flvs Full-time 9-12 21.4 mi Public 9-12 4 4
      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
      Kingsway Christian Academy 22.3 mi Private PRESCHOOL-8 0 0
      Edgewood Children's Ranch 22.6 mi Private UNGRADE-UNGRADE 0 0
      Dr. Phillips Elementary School 22.9 mi Public K-5 4 0
      Palm Lake Elementary School 23.0 mi Public K-5 4 0
      Metrowest Elementary School 23.0 mi Public K-5 2 4
      Windy Ridge K-8 23.1 mi Public PRESCHOOL-8 5 0
      Chain Of Lakes Middle School 23.5 mi Public 6-8 2 3
      Sand Lake Elementary School 23.7 mi Public PRESCHOOL-5 4 0
      Acceleration Academy West 23.7 mi Public 7-12 1 0
      Olympia High School 23.8 mi Public 9-12 3 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 © 2016. 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 ©2016 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.