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February 16th, 2012 10:39 AM by David W. Welch
There are currently 8,750 homes for sale listed by Orlando Realtors, and 9,984 homes with contracts. Of the homes still available, 821 are foreclosures and 2,733 are short sales. The Orlando Regional Realtor Association's monthly Market Pulse is out, and while closed sales were down last month, new contracts jumped by more than 500 homes compared to December. Of the homes with contracts, 1,264 are foreclosures and 7,159 are short sales.
Too early February Orlando real estate sales statistics: 729 closed sales with a median price of $100,000. At the current sales pace, I expect to see the month end with somewhere around 2,000 sales.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone