Family fun is probably what comes to mind when you think of Orlando. Disney World, Universal Studios, Sea World and many more attractions can be found in the greater Orlando area. A little fun in the sun never hurt anybody, right? By the way, Orlando has on average 233 sunny days a year, compared to the national average of 205.
While Orlando receives visitors from around the world due to its major vacation appeal, there are over 285,000 lucky residents who call Orlando home every day. We can see why housing prices in Orlando rose 13% since last year and why homes for sale typically sell for more than their list price.
The Orlando region is the ninth fastest-growing region in the United States and has seen a population rise of 20% since 2010. This boom in Orlando has helped Florida see major job growth four years in a row and spurred a real estate building trend.
The weather in Orlando is hot, but the Orlando real estate market may be even hotter. So let’s take a look at the Orlando median home price, neighborhood demographics and the Orlando real estate forecast.