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May 29th, 2012 2:52 PM by David W. Welch
There are 7,624 homes for sale listed by Orlando Realtors and 11,409 homes listed as contract pending. Of the homes still available for sale, 771 are foreclosures and 1,865 are short sales. Of the homes with contracts pending, 1,417 are foreclosures and 7,719 are short sales.
Early Orlando real estate sales statistics for May: 1,816 closed sales with a median sales price of $118,000. Inventory declining slowly, pendings climbing. With two days to go this month sales are looking pretty strong.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes