Orlando Real Estate

Orlando Real Estate Statistics, February 16, 2012

February 16th, 2012 10:39 AM by David W. Welch

There are currently 8,750 homes for sale listed by Orlando Realtors, and 9,984 homes with contracts. Of the homes still available, 821 are foreclosures and 2,733 are short sales. The Orlando Regional Realtor Association's monthly Market Pulse is out, and while closed sales were down last month, new contracts jumped by more than 500 homes compared to December. Of the homes with contracts, 1,264 are foreclosures and 7,159 are short sales.

Too early February Orlando real estate sales statistics: 729 closed sales with a median price of $100,000. At the current sales pace, I expect to see the month end with somewhere around 2,000 sales.

David Welch Real Estate Optimist, Orlando Real EstateAny Home-Any Phone

Posted in:General
Posted by David W. Welch on February 16th, 2012 10:39 AM

This sounds like a pretty good market. I would get in contact with a real estate attorney to make sure that every one of the sales are legal, and make sure there's no strings attached.
Posted by Real Estate Attorney Orlando on February 17th, 2012 3:12 PM


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