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Orlando Real Estate Statistics January 20, 2014

By
Real Estate Agent with Charles Rutenberg Realty BK645994

There are 9,655 homes for sale listed by Orlando Realtors® and 6,741 homes listed as contract pending. Of the homes still available for sale, 1,573 are foreclosures and 1,237 are short sales. Of the homes with contracts pending, 1,099 are foreclosures and 3,591 are short sales.

Way too early Orlando real estate sales statistics for January: 819 closed sales with a median sales price of $140,000. Inventory rising, and sales are really off this month. I hope this is not the beginning of a new trend.

David Welch Real Estate OptimistOrlando Real Estate

Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Sales are often slower in January because so little work gets done in the previous month.  I've seen a lot of our listings go pending this month.  Hopefully things are picking up. 

Jan 20, 2014 09:38 AM
David Welch
Charles Rutenberg Realty - Orlando, FL
Real Estate Optimist - #OrlandoRealEstate

Personally, I have closed one, listed two and have three new contracts pending, but the overall numbers don't look too rosy this month. That is typical for January, but when was the last time we had a "typical" January? 2003? I do hope you are right, maybe it is a signal that we are moving back into historical seasonal norms. I guess we just have to wait and see.

Jan 22, 2014 09:26 PM