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November 30th, 2012 6:57 AM by David W. Welch
There are 7,267 homes for sale listed by Orlando Realtors and 9,989 homes listed as contract pending. Of the homes still available for sale, 801 are foreclosures and 1,410 are short sales. Of the homes with contracts pending, 1,090 are foreclosures and 6,847 are short sales.
Early Orlando real estate sales statistics for November: 1,912 closed sales with a median sales price of $126,699. Not only has the active inventory come down, but pending sales are way down too. Short sales, active and pending, have plummeted.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes