July 2nd, 2016 12:42 PM by Frank Ferrell
Orlando home sales rise 7 percent, median price jumps 12 percent to $203,000
The median price of Orlando homes sold during the month of May increased more than 12 percent compared to May 2015 and crossed the $200,000 mark for the first time since August 2008. In addition, sales showed a year-over-year increase of nearly 7 percent despite a continuing slide in inventory.Source Orlando Regional Realtor Association