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May 11th, 2012 11:29 AM by David W. Welch
There are 7,693 homes for sale listed by Orlando Realtors and 11,163 homes listed as contract pending. Of the homes still available for sale, 840 are foreclosures and 1,888 are short sales. Of the homes with contracts pending, 1,409 are foreclosures and 7,658 are short sales.
Way too early Orlando real estate sales statistics for May: 563 closed sales with a median sales price of $120,000. We are slightly ahead of where we were this time last month, so I am predicting sales in the 2,400 range again. Looks like prices may be up again too, but they tend to be more volatile than the number of sales.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes