orlando real estate statistics: September Sale Surge - 10/04/08 08:33 AM
As of this morning 1,322 closed sales were recorded for September, that is up from 1,225 in August. October is usually a better month, so hopefully buyers will not have trouble getting loans funded this month ahead of the effects of the bailout. I believe we could see over 1,400 closed … (1 comments)
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orlando real estate statistics: Bailout Vote - 09/29/08 06:53 AM
It looks like something is going to the floor of congress today, and we should all be praying that political gamesmanship was put aside. I guess we should find out today the specifics of the legislation. I believe in my last post, I wrote about the two possible strong case scenarios. … (4 comments)
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orlando real estate statistics: Sales up Higher than Expected - 08/25/08 09:50 AM
NAR announced July sales, which were up 3.1% compared to June. Economists had only expected a 1.6% increase. The pace set in July is still 13% off last year, and prices are also down by 7.1%. Right now what we have going on is all about supply and demand. Supply is … (2 comments)
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orlando real estate statistics: Orlando Real Estate Statistics July 2008 - 08/19/08 03:01 PM
The statistics for July as prepared by the Orlando Regional Realtor Association are available in this month's Market Pulse. If you have trouble opening this link, just go to my home page at www.DavidWelch.com. Check out some of the graphs at the bottom, especially the price and sales charts. You can … (0 comments)
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orlando real estate statistics: Pending Sale Index Up - 08/07/08 11:01 AM
The Pending Sales Index unexpectedly jumped more than 5% in June with the greatest increase coming in the South. This was reported today by Reuters. The pending sales in Orlando have been rising since January, but July actually had slightly fewer contracts written than June. Higher oil and gas prices are holding … (0 comments)
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orlando real estate statistics: Orlando Real Estate July Sales - 08/05/08 02:05 PM
The official sales numbers get pulled today to be reported around the 10th of the month. I am not quite sure when they are checked, but I just looked and there are 1,401 sales recorded in the MLS for July which is just shy of June's sales. It looks like several of … (0 comments)
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orlando real estate statistics: Orlando Real Estate Statistics 07/10/2008 - 07/10/08 10:50 AM
The numbers are in, and they are looking up with 1,443 closed sales which is up from May's 1,347. The median price is also up over May at $217,500 compared to $211,400. Unfortunately, interest rates are up as well with an average rate of 6.35% compared to 5.94% in May. The … (1 comments)
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orlando real estate statistics: Orlando's June Sales Numbers Median Price Looking Up - 06/30/08 12:15 PM
Looking at the numbers as they stand so far, the one that really stands out is the median price of the sold listings. As of this morning there have been 1,156 closed sales with a median price of $219,990. That is definitely on the higher end of what I have been … (1 comments)
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orlando real estate statistics: June Real Estate Statistics 06/26/2008 - 06/26/08 03:00 PM
There are currently 26,853 active listings in the tri-county area. Contracts pending in the same area have risen over the 3,600 mark to 3,613 as of today. Roughly 36% of the contracts are on homes in some stage of foreclosure. Right now there are 4,917 homes active in a foreclosure status. … (0 comments)
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orlando real estate statistics: New Listing in Winter Park and Some Sales Numbers - 05/29/08 01:31 PM
Check back at www.RealEstateOptimist.com later today to check out my new listing in Winter Park. This is a deal you are not going to want to miss if you are in the market for a condo. The last sale in this complex was about a year ago, and closed for $195,000. This … (0 comments)
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orlando real estate statistics: April "Official" Numbers - 05/12/08 10:30 AM
Well, the official numbers are in as reported in the Orlando Sentinel this morning. You can link to the article "Orlando-area home sales see improvement". The numbers being reported are pretty consistent with those that I have been estimating in my recent Orlando Real Estate blogs.
The number of sales at … (4 comments)
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orlando real estate statistics: Zillow Numbers Released Today - 05/06/08 02:53 PM
Zillow numbers came out, and the Orlando Sentinel jumped on the "bad news". They tried to make Zillow sound like they are some kind of authority on real estate values. They have an algorithm that estimates values based upon publicly available information. I will say that there are times when the … (0 comments)
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orlando real estate statistics: Orlando Real Estate Statistics 05/06/08 - 05/06/08 01:36 PM
Our local newspaper has now decided that Zillow.com is the source for real estate information. Click below to see the article, and make sure you read the comments people have posted. There are 100 responses to this article today so far. I had several responses to my comment, and quite a … (0 comments)
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orlando real estate statistics: Orlando Real Estate Statistics - 05/05/08 03:17 PM
Well today is the day that the association statistician cuts off the data coming in. I hope everyone has registered their sales from April. I have a feeling folks are getting things in the MLS in a more timely manner. As of today there were 1,161 closed sales for April that is … (3 comments)
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orlando real estate statistics: Orlando Real Estate Statistics 5/1/2008 - 05/01/08 11:36 AM
April saw yet more improvement in sales numbers. So far there are 1,079 closed sales reported for April with five days remaining for sales to be reported in the MLS. I typically see a couple hundred input after the close of the month. So we should see more than 1,200 closed … (0 comments)
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