The latest inventory and sales numbers are out for Orange County and Seminole County, Florida. The Orlando Regional Realtor Association released their numbers on Tuesday and more positives are in the figures.
You click here to get a detailed report on these Orlando real estate statistics.
The inventory of properties for sale continue to decrease by another 600 homes. The number of properties under contract is way up to over double what it was 6 months ago - part of this is because of changes in the rules regarding short sales which forces Realtors to mark unapproved short sales as pending once a contract gets signed.
One remarkable statistic is that the number of properties that sold during July 2009 (2141 homes) is higher than the number of expireds + withdrawns for the month (2115 homes). This is the first time that has happened in nearly 4 years. A very good sign.
Also prices appear to have possibly bottomed out (at least temporarily). For the second month in a row now both the average and median price in metro Orlando has increased slightly. Check the link above for full details. Orlando Sentinel Article.
| ORRA Originated Sales |  |
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| July 2009 | 5.34% | 17,231 | 4,158 | 3,696 | 7,713 | 787 | 849 | 1,266 | 2,141 | 103 |
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Rob Arnold - Your full service and investor friendly Realtor ® in Orlando and Central Florida.
407-389-7318 / 1-877-389-7318 www.SDRhouses.com www.WeBuyHousesFlorida.com
We sell foreclosure, short sale, and bank owned REO house home throughout Central Florida, metro Orlando, and the Space Coast. We sell and list Central Florida real estate and Orlando real estate. Free list of foreclosure and short sale houses available. Our firm also provides flat fee MLS listings, For Sale By Owner, and menu-based services in most parts of Florida including Orlando, Altamonte Springs, Apopka, Kissimmee, Sanford, Lake Mary, and Deltona.
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