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March 9th, 2012 7:38 AM by David W. Welch
With the number of homes for sale continuing to drop, only 8,290 homes remain listed as active by Orlando Realtors and 10,399 homes are listed as contract pending. Of the homes still available, 780 are foreclosures and 2,390 are short sales. Of the home with contracts pending, 1,285 are foreclosures and 7,389 are short sales.
Way too early Orlando real estate sales statistics for March 2012: so far there have been 344 closed sales with a median sales price of $115,000. At this pace, I expect better than 2,200 sales this month.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone