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December 28th, 2011 8:42 AM by David W. Welch
There are 9,389 homes for sale in Orlando and 9,287 homes with contracts. Both figures have been dropping as we approach the end of the month and year.
There have been 1,584 closed sales so far this month with a median sales price of $115,000. It looks like we will finish with about 2,000 sales, and if the prices hold that will be the fifth month in a row with year over year price increases. December 2010 the median price was $100,000.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone