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January 13th, 2012 7:56 AM by David W. Welch
There are 9,153 homes available for sale listed by Orlando Realtors, and 9,107 homes with contracts on them. Another way of looking at it is half of the for sale signs you see driving around are already under contract. Of the homes with contracts, 862 are foreclosures and 3,055 are short sales. The number of foreclosures active on the market has been very steady for quite some time now. Banks are only bringing homes on the market as quickly as they can be absorbed and foreclosure filings are way down. Of the homes with contracts, 1,085 are foreclosures and 6,828 are short sales.
Way too early Orlando real estate sales statistics, 373 transactions have closed with a median sales price of $105,500.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone