Florida's April Home Sales and Median Prices Rise: Impact on Central Florida Real Estate
In April 2024, Florida's real estate market saw a positive trend with both home sales and median prices experiencing an increase. According to Florida Realtors, the state's housing market continues to show resilience and growth, despite various economic challenges.
The report highlights that single-family home sales across Florida rose by 6.5% compared to the same period last year, while the median sales price for these homes also saw a 4.3% increase. Similarly, condo-townhouse sales climbed by 5.2%, with their median prices going up by 3.1%.
Industry experts attribute this growth to several factors, including strong demand from buyers, limited housing inventory, and favorable mortgage rates. Florida's appealing climate, lifestyle, and economic opportunities continue to attract new residents, further driving the real estate market.
Central Florida, a key region within the state, has mirrored this positive trend. The area's real estate market has benefited from the overall state growth, with increased sales activity and rising property values. Central Florida's diverse economy, coupled with its status as a popular tourist destination, has helped sustain demand for both residential and investment properties.
Why does this matter for Central Florida real estate? The rise in home sales and median prices signifies a robust market that can provide excellent opportunities for both buyers and sellers. For buyers, the ongoing demand highlights the importance of acting swiftly in a competitive market. For sellers, rising prices can mean higher returns on their properties.
Additionally, the overall health of the real estate market contributes to economic stability in the region, supporting jobs and local businesses. As Central Florida continues to grow, these positive trends can lead to more investments in infrastructure and community development, enhancing the quality of life for residents.
For more details on this report, visit the official article on the Florida Realtors website.
Central Florida Residential Real Estate Update: May 2024
Closed Sales
0
0
Median Sale Price
$0
$0
Cash Sales
0
0
Inventory
0
0
Historical 30-Year Fixed Mortgage Rates
| Date | Rate (%) |
|---|---|
| 2025-11-20 | 6.26 |
| 2025-11-13 | 6.24 |
| 2025-11-06 | 6.22 |
| 2025-10-30 | 6.17 |
| 2025-10-23 | 6.19 |
| 2025-10-16 | 6.27 |
| 2025-10-09 | 6.3 |
| 2025-10-02 | 6.34 |
| 2025-09-25 | 6.3 |
| 2025-09-18 | 6.26 |
| 2025-09-11 | 6.35 |
| 2025-09-04 | 6.5 |
| 2025-08-28 | 6.56 |
| 2025-08-21 | 6.58 |
| 2025-08-14 | 6.58 |
| 2025-08-07 | 6.63 |
| 2025-07-31 | 6.72 |
| 2025-07-24 | 6.74 |
| 2025-07-17 | 6.75 |
| 2025-07-10 | 6.72 |
About danny Berndt
Since 2015, I’ve dedicated myself to all things real estate, serving as a full-time Central Florida realtor. As the real estate broker and owner of DBT Realty and Titus Commercial Group, I take pride in providing top-notch service to clients throughout the Central Florida area. Originally from Miami, I made the move to Orlando in 2011 for my college education, and since then, I’ve immersed myself in the local real estate market.
In March of 2023, I had the joy of marrying my best friend, Rebecca. Settling into Heathrow, a welcoming community in Central Florida, we’ve found a place that feels just right for our growing family. (Asher Berndt being our first newborn as of 2024!)
Family has always been my anchor. Growing up, a “BERNDT” plaque at our home’s interior entrance served as a daily reminder of the legacy and responsibility I carried. Today, that sense of integrity is the cornerstone of my business, a business I aspire to pass down to our future family.
Address List
- 1065 E. SR 434 #195653 Winter Springs, FL 32708
- 407-906-7773
- contact@dannyberndt.com
DBT Realty
Real Estate Corporation #CQ1068685
Real Estate Broker Danny Berndt #BK3345523
