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July 30th, 2014 7:18 AM by David W. Welch
There are 12,259 homes for sale listed by Orlando Realtors® and 7,768 homes listed as contract pending. Of the homes still available for sale, 1,964 are foreclosures and 1,167 are short sales. Of the homes with contracts pending, 1,608 are foreclosures and 2,807 are short sales.
Early Orlando real estate sales statistics for July: 2,358 closed sales with a median sales price of $167,475. Inventory is continuing to rise while pending sales are declining. This is not the July I was hoping for.David Welch Real Estate Optimist, Orlando Real Estate