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May 30th, 2012 10:58 AM by David W. Welch
There are 7,623 homes for sale listed by Orlando Realtors and 11,387 homes listed as contract pending. Of the homes still available for sale, 763 are foreclosures and 1,862 are short sales. Of the homes with contracts pending, 1,419 are foreclosures and 7,714 are short sales.
Early Orlando real estate sales statistics for May: 1,907 closed sales with a median sales price of $119,950. I think we are definitely going to see 2,500 sales and a nice price increase year over year and compared to last month.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes