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Orlando Standard

Tuesday, November 26, 2024

Orlando home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Orlando rose by $56,500 while total sales decreased by 49.3%, according to BlockShopper.com.

In February 2020, there were 381 homes sold, with a median sale price of $260,000 - a 27.8% increase over the $203,500 median sale price for the same period of the previous year. There were 752 homes sold in Orlando in February 2019.

The median sales tax in Orlando for the most recent year with available data, 2015, was $1,749, approximately 0.7% of the median home sale price for February 2020.

The following table compares Orlando to other Orange County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Winter Garden2846-39.1%$326,000$276,00018.1%
Doctor Phillips917-47.1%$319,900$285,00012.2%
Paradise Heights12-50%$285,000$35,100712%
Hunters Creek714-50%$272,000$221,00023.1%
Wedgefield45-20%$262,500$295,000-11%
Orlando381752-49.3%$260,000$203,50027.8%
Ocoee2852-46.2%$254,450$251,5001.2%
Holden Heights46-33.3%$252,450$224,00012.7%
Conway1419-26.3%$242,500$200,00021.3%
Apopka3888-56.8%$240,000$230,0004.3%
Meadow Woods2238-42.1%$230,000$219,5004.8%

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