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September 18th, 2014 8:45 AM by David W. Welch
There are 12,650 homes for sale listed by Orlando Realtors® and 7,428 homes listed as contract pending. Of the homes still available for sale, 2,257 are foreclosures and 1,068 are short sales. Of the homes with contracts pending, 1,657 are foreclosures and 2,584 are short sales.
Way too early Orlando real estate sales statistics for September: 1,234 closed sales with a median sales price of $166,000. Inventory keeps climbing. There are a lot of interest only ARMS that are starting to reach their reset point. Is that what we are already seeing with all the new listings?David Welch Real Estate Optimist, Orlando Real Estate