"This last month has been refreshing."
-- Juliette Nieves of Fidelity Property Brokers in Kissimmee
Orlando home prices declined for the second month in a row in August and inventory continued rising, signaling a further cooling of the once blistering housing market and giving more leverage to potential buyers.
The median home price slightly dropped to $377,750 in August, a 0.8% decrease from July, according to the latest market report from the Orlando Regional Realtor Association, which records sales in Orange, Osceola, Seminole and Lake counties.
While the drop may be small, agents say it’s a noticeable difference.
Read more at the Orlando Sentinel