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Orlando Real Estate Statistics November 12, 2014

By
Real Estate Agent with Charles Rutenberg Realty BK645994

There are 12,892 homes for sale listed by Orlando Realtors® and 7,187 homes listed as contract pending. Of the homes still available for sale, 2,299 are foreclosures and 1,006 are short sales. Of the homes with contracts pending, 1,771 are foreclosures and 2,402 are short sales.

Way too early Orlando real estate sales statistics for November: 606 closed sales with a median sales price of $163,000. Sales are rolling on, and the median price appears to have rebounded from last month's drop.

 

David Welch Real Estate Optimist, Orlando Real Estate,

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello David W. Welch,  Wow lots of short sales and foreclosures yet.  I area has seen that mark dry up.  Have a great day!

Nov 12, 2014 02:15 AM
David Welch
Charles Rutenberg Realty - Orlando, FL
Real Estate Optimist - #OrlandoRealEstate

Will, we had about 7,000-8,000 short sales at one point, so 1,000 is nothing. I will be glad to see them go. I think REO's will be here for a while yet. They have actually increased by about three fold from a year and a half ago.

Nov 12, 2014 02:27 AM