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March 11th, 2013 10:55 AM by David W. Welch
There are 6,494 homes for sale listed by Orlando Realtors and 9,803 homes listed as contract pending. Of the homes still available for sale, 750 are foreclosures and 1,032 are short sales. Of the homes with contracts pending, 1,138 are foreclosures and 6,157 are short sales.
Way too early Orlando real estate sales statistics for March: 526 closed sales with a median sales price of $140,000. March is going to be a very good sales month. I expect 2,400 sales and a median price above the $130,000 we saw in February. Also, after a very small break, inventory appears to be going down again.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes