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June 12th, 2012 4:52 PM by David W. Welch
There are 7,563 homes for sale listed by Orlando Realtors and 11,341 homes listed as contract pending. Of the homes still available for sale, 756 are foreclosures and 1,764 are short sales. Of the homes with contracts pending, 1,376 are foreclosures and 7,741 are short sales.
Way too early Orlando real estate sales statistics for June: 592 closed sales with a median sales price of $116,000. I think we are looking at another 2,400-2,500 sales month. The inventory is a concern, but the decline seems to be slowing.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes