Orlando Real Estate

Come back later today to check out my new listing in Winter Park. This is a deal you are not going to want to miss if you are in the market for a condo. The last sale in this complex was about a year ago, and closed for $195,000. This one is going on the market for $158,900. The owner is looking for a quick sale at that price. There is a 1/1 across the street in a comparable complex listed for $149,500. This new listing is a 2/2 and almost 1,000 sq ft.

Sales numbers are still looking good for May. With today and tomorrow still to go, there have been 948 closed sales posted with a median price of $211,000. That is the same median reported in April. Available inventory remains at about 27,000. Pending contracts are above 3,400 with a median asking price of 219,500. Homes in some stage of foreclosure account for 4,683 of the active inventory.

www.DavidWelch.com, www.OrlandoAreaRealtor.com