Orlando Real Estate

Orlando Real Estate Inventory Snapshot August 1, 2013

August 1st, 2013 9:02 AM by David W. Welch

Here is a quick snapshot of the Orlando real estate inventory.

List Price Inventory Mkt %
$ 100,000 1,715 23%
$ 200,000 3,616 49%
$ 300,000 5,134 69%
$ 400,000 5,959 80%
$ 500,000 6,355 85%
$ 600,000 6,588 89%
$ 700,000 6,763 91%
$ 800,000 6,878 92%
$ 900,000 6,974 94%
$ 1,000,000 7,059 95%
Total 7,443 100%

The median list price is $210,000 while the average list price is $360,475. Compare that with the sales that posted so far for last month, and there is a pretty big difference between what is actually selling. The median list price of last month's sales was $159,500 and the median sales price was $155,000 That is a $55,000 gap between the median list price and the median sales price. The average list price of last month's closed sales was $201,558 with an average sales price of $194,861. That is more than a $165,000 gap between average list price and average sales price.

David Welch Real Estate Optimist, Orlando Real EstateSearch for Homes

Posted in:General
Posted by David W. Welch on August 1st, 2013 9:02 AM

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