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July 23rd, 2014 11:39 AM by David W. Welch
There are 12,093 homes for sale listed by Orlando Realtors® and 7,870 homes listed as contract pending. Of the homes still available for sale, 1,915 are foreclosures and 1,119 are short sales. Of the homes with contracts pending, 1,662 are foreclosures and 2,877 are short sales.
Too early Orlando real estate sales statistics for July: 1,695 closed sales with a median sales price of $170,000. Inventory is continuing to rise while pending sales are declining. New listings last month slowed from May, but still way outpaced new contracts.David Welch Real Estate Optimist, Orlando Real Estate