By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal
Updated
May was a historic month for local home price escalation.
The median Central Florida sales price jumped 15% from May 2020, the biggest year-over-year price increase since 2016, according to the Orlando Regional Realtor Association. Plus, the median price hit $300,000 for the first time in the recorded history of the Realtor association.