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March 26th, 2012 2:33 PM by David W. Welch
The number of homes available for sale continues to decline. There are only 7,990 homes listed as available by Orlando Realtors, and 10,809 homes listed as pending. Of the homes still for sale, 760 are foreclosures and 2,162 are short sales. Of the homes with contracts pending, 1,354 are foreclosures and 7,567 are short sales.
Orlando real estate sales for March 2012 so far: 1,544 closed sales with a median price of $115,000.