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October 10th, 2014 10:00 AM by David W. Welch
There are 12,822 homes for sale listed by Orlando Realtors® and 7,286 homes listed as contract pending. Of the homes still available for sale, 2,368 are foreclosures and 1,050 are short sales. Of the homes with contracts pending, 1,747 are foreclosures and 2,498 are short sales.
Way too early Orlando real estate sales statistics for October: 579 closed sales with a median sales price of $157,000. Inventory rising, and the fall month over month drop in sales price. Prices still up compared to a year ago at $150,000.David Welch Real Estate Optimist, Orlando Real Estate