Orlando Real Estate

Orlando Real Estate February Official Numbers

March 11th, 2008 12:27 PM by David W. Welch

No big surprises if you have been keeping up with my blog. The median price was up a bit from $221,500 in January to $223,000 in February. The number of closed sales was also up from 813 to 922 or about 13%. Of course I still think the big news is the contracts pending. There were 1,537 new contracts in February up from 1,239 in January. That is a 24% improvement, and total contracts pending were up over 25% from 1,731 to 2,175. For the complete report from the Orlando Regional Realtor Association (ORRA) go to www.davidwelch.com and click Market Pulse.
Posted in:General
Posted by David W. Welch on March 11th, 2008 12:27 PM

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