Question

Home prices have dropped 5.19 percent in the last 3 years. And average home in. Orlando 3 years ago was $260,000. What's the average home price now?

Answer 1

Are home prices dropping in Orlando?

The median home price in April 2022 was $438,880, an increase of 21.1 percent from April 2021. Home sales in the Orlando area dropped by 7.3% as compared to March and -by 6.9% as compared to last year, according to the latest report from the Orlando Regional REALTOR® Association (ORRA)

Explanation: