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Orlando Regional Realtor Association Market Pulse - March

Snapshot: Sales volume increased 25% between May 2020 to May 2021 even with 60% less New Listings coming to market in this year to year comparison.  Nearly 33% more homes went under contract in May 2021 (5839) than came to market (3959).  Mortgage rates inched up in March but that didn't put a damper on new contracts which rose from 3564 to 3973 between February and March and increased 27% in comparison to March of 2020.  The Amount of sales between February and March 2021 also increased with a difference in sales of 30% month over month.  

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