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October 23rd, 2012 12:49 PM by David W. Welch
There are 7,468 homes for sale listed by Orlando Realtors and 10,395 homes listed as contract pending. Of the homes still available for sale, 845 are foreclosures and 1,509 are short sales. Of the homes with contracts pending, 1,093 are foreclosures and 7,286 are short sales.
Early Orlando real estate sales statistics for October: 1,428 closed sales with a median sales price of $120,000. I still think we are going to see more closed sales this month, but the median price is looking like it is dropping a bit.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes