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July 15th, 2014 11:26 AM by David W. Welch
There are 12,021 homes for sale listed by Orlando Realtors® and 7,827 homes listed as contract pending. Of the homes still available for sale, 1,963 are foreclosures and 1,125 are short sales. Of the homes with contracts pending, 1,554 are foreclosures and 2,934 are short sales.
Way too early Orlando real estate sales statistics for July: 919 closed sales with a median sales price of $170,000. Inventory is continuing to rise including traditional, REO and short sales while pending sales are declining. New listings last month slowed from May, but still way outpaced new contracts.David Welch Real Estate Optimist, Orlando Real Estate