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February 27th, 2012 11:01 AM by David W. Welch
There are 8,475 homes available for sale listed by Orlando Realtors and 10,359 homes with contracts on them. Back on January 2 there were 9,067 homes available and 9,017 home with contracts. So in two months the inventory has dropped by 6.5% while the number of homes with contracts has climbed by 14.9%. Of the homes still available, 812 are foreclosures and 2,518 are short sales. Of the homes with contracts on them, 1,294 are foreclosures and 7,348 are short sales.
Early Orlando real estate sales statistics for February: 1,381 closed sales with a median price of $106,950.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone