The November 2008 market stats have been released by the Orlando Regional Realtor Association (R) for Orange County & Seminole County.  Here are how the numbers played out.  You can find a detailed weblink to these  Orange County market statistics right here.

The month of November is typically a slower time of year as it starts the holiday season.  So there are less people buying and typically less pending contracts and closings.  These numbers show nothing unusual.  Listing inventory continues to decrease ever so slightly.  The number of new pending contracts and closings is less than previous months which is not a surprise.

A total of 671 houses and condos sold in Orange County, Orlando, & Apopka during November. The median price for single-family houses in the county was $195,000 which is much more affordable than in the last few years. It is a good time to buy a home because prices will eventually be headed back up.

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(Copyright © 2008. Sand Dollar Realty Group, Inc. All rights reserved.)   Subscribe to my blog via RSS feed.

Rob Arnold - Your full service and investor friendly Realtor ® in Orlando and Central Florida.

ABR, CPL, CRB, CSP, GRI, Managing real estate broker, Notary Public

407-389-7318 / 1-877-389-7318 www.SDRhouses.com/ We Buy Houses Florida

We sell foreclosures, short sales, and bank owned REO properties throughout Central Florida. We sell and list Central Florida real estate and Orlando real estate. Free list of foreclosure and short sale houses available.

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