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May 22nd, 2014 7:28 AM by David W. Welch
There are 11,191 homes for sale listed by Orlando Realtors® and 8,385 homes listed as contract pending. Of the homes still available for sale, 1,730 are foreclosures and 1,143 are short sales. Of the homes with contracts pending, 1,699 are foreclosures and 3,323 are short sales.
Too early Orlando real estate sales statistics for May: 1,621 closed sales with a median sales price of $161,000. Inventory is down a bit, and pendings are climbing.
David Welch Real Estate Optimist, Orlando Real Estate