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October 17th, 2012 8:09 AM by David W. Welch
There are 7,460 homes for sale listed by Orlando Realtors and 10,356 homes listed as contract pending. Of the homes still available for sale, 833 are foreclosures and 1,530 are short sales. Of the homes with contracts pending, 1,095 are foreclosures and 7,261 are short sales.
Too early Orlando real estate sales statistics for October: 960 closed sales with a median sales price of $123,750. Sales look really strong this month, but the price is off just a bit right now. The number of REO's has been up just a little bit, so they may be pulling the price down.
David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes