Real Estate Market in Orlando Florida

Stellar MLS is one of the largest MLSs in the United States, with 59,000 members and more than 300,000 listings in our system. Our customers and subscribers are the agents and brokers that make the Florida market work. Though our subscribers represent just under a third of all licensed real estate salespeople in Florida, they produce more than 55 percent of all the transaction volume in our state.
Perfect, Standardized Data We believe their success is directly tied to the service, support and technology we offer. Though every agent and broker is unique, they all demand perfect, standardized data that is easy to work with, whether it’s a simple search in the MLS, or a complex data feed that powers a regional real estate player.
Forget the Status Quo That’s why we’re never satisfied with the status quo. We know our job is to push for tools and solutions that benefit our subscribers and customers, like introducing the first instance of Matrix in Spanish. Or, breaking through historical and a…

Tight Inventory Supports Signs of a Seller’s Market

This is a national trend- the number of active real estate listings just isn’t enough to match buyer demand. Despite efforts of increasing inventory levels, most US cities are still struggling to have enough housing stock. This is apparent as house prices in July went up 5 percent which means affordability is also dropping. Properties priced below $200,000 are selling a lot faster than luxury homes .

Focus on Florida

So what do these national trends say about Florida housing market predictions? Well, the Florida real estate market is looking very healthy. We’re seeing consistent growth in sales, prices, and real estate transactions. Still, inventory trends are following national trends. New listings of single-family homes went down 2.2 percent this year with 96,984 new units on the market. Condo listings dropped double that by 4.5 percent with only 39,618 units. New home listings are expected to continue dropping throughout 2020.
Althoug…

Orlando "The City Beautiful" is a city in the United States of America, in the State of Florida and the county of Orange County. Located in Central Florida, it is the center of the Orlando metropolitan area, which had a population of over 3 million people according to U.S. Census Bureau figures released in July 2019. These figures make it the 23rd-largest metropolitan area in the United States, the sixth-largest metropolitan area in the Southern United States, and the third-largest metropolitan area in Florida and is the fourth-largest city in Florida, and the state's largest inland city.