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Orlando Real Estate Statistics April 2009 (so far)
I spoke at the Orlando Regional Realtor Association 2nd Annual Tech Fair on Friday to three different groups about Active Rain. Thank you to those of you that sent me suggestions on what to speak about. For those of you that attended, I certainly hope that you found the information useful. I also hope you enjoyed the presentation.
Official numbers of course will not be out until next week, and I will report these again in a couple of days because the board pulls the data on the 5th. I just wanted to take a quick look, because we wrote a lot of contracts last month (over 3,000) and I phone and e-mail have been going gangbusters the last couple of weeks. Sales have been rockin for with seven months of year over year improvements and April was no exception. So far 1,704 closed sales have been posted with a median price of $132,900. That price is down from $137,000 in March, but the percentage of sold homes that are distressed properties remained pretty consistent at 56.7% There was an article in yesterday's paper that I shared on my facebook and @realtyoptimist. Banks are backing off the foreclosures and working with ... more

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