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March 19th, 2012 8:05 AM by David W. Welch
There are 8,153 homes currently listed available for sale by Orlando Realtors, and 10,592 homes with contracts on them. The inventory continues to drop while contracts are climbing. Of the homes still available, 805 are foreclosures and 2,230 are short sales. REO's have actually moved up a little bit. Of the homes with contracts, 1,293 are foreclosures and 7,494 are short sales.
Early Orlando real estate sales statistics for March: 999 sales have closed with a median sales price of $115,000. Both are improvements over last month.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone