There are 9,936 homes for sale listed by Orlando Realtors® and 7,402 homes listed as contract pending. Of the homes still available for sale, 536 are foreclosures and 290 are short sales. Of the homes with contracts pending, 877 are foreclosures and 1,249 are short sales.
Too early Orlando real estate sales statistics for April: 1,647 closed sales with a median sales price of $189,000. We are definitely on track for another 3,000+ sales this month. Inventory continues to decline, and pending sales are climbing. If this trend continues, we should see some real pressure on prices.
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