There are 10,306 homes for sale listed by Orlando Realtors® and 6,577 homes listed as contract pending. Of the homes still available for sale, 733 are foreclosures and 389 are short sales. Of the homes with contracts pending, 1,042 are foreclosures and 1,277 are short sales.
Way too early Orlando real estate sales statistics for February: 1,555 closed sales with a median sales price of $178,000. The red hot market seems to be cooling off a little to start the year. We will have to watch it to see if this becomes a trend. Sales so far are looking to come in below last February's 2,662, but prices are up nicely compared to last year's $159,900. Our inventory is down, but so are our contract pending compared to a year ago.
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