Orlando Area Real Estate Video Update for May 2012 - 06/16/12 08:35 AM
 
<Transcript>
MAY 2012 Orlando Housing Market Update
The status of Sales in the metro area is changing.
*The median sales price jumped more than 9% in May from $110,000 to $120,000. Bank-owned properties increased in price by 4.3%, short-sales by $5.88% and normal sales by 3.23%.
*Orlando home sales (all home types combined) in May 2012 were down 5.88 percent when compared to May of 2011 and down 4.06 percent when compared to April 2012.
*In May "normal" sales accounted for about 47 percent of all sales, while bank-owned were 25% and short sales were 27 percent.
*The average number … (1 comments)

 
Eric Martell, Ph.D., Eric Martell (RE/MAX Properties SW, Inc.) Rainmaker_large

Eric Martell, Ph.D.

Eric Martell

Orlando, FL

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RE/MAX Properties SW, Inc.

Address: 6985 Wallace Road, Orlando, FL, 32819

Office Phone: (407) 352-5800 x 618

Cell Phone: (407) 947-3617

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