Orlando Real Estate

Orlando Real Estate Statistics, March 6, 2012

March 6th, 2012 1:38 PM by David W. Welch

There are only 8,384 homes available for sale listed by Orlando Realtors and 10,267 homes with contracts. With nearly 2,000 closed sales last month, the supply of homes remaining is barely over a four month supply. We generally consider six months to be a balanced market. Of the homes still available, 831 are foreclosures and 2,433 are short sales. Of the homes with contracts on them, 1,228 are foreclosures and 7,342 are short sales.

I don't report the sales this early in the month, but it looks like March is coming in like a lion.

Posted in:General
Posted by David W. Welch on March 6th, 2012 1:38 PM


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