Orlando & Orange County market statistics December 2008 - Apopka Ocoee Winter Park

By
Real Estate Agent with Sand Dollar Realty Group, Inc. BK627826

The latest market number for December 2008 have been provided by the Orlando Regional Realtor Association (R).  You can read a more detailed version of the report with lots of charts and graphs at the Metro Orlando market statistics webpage.

The info shows a lot more of the same trend we have been seeing for months.  Inventory slowly declining, sales remaining steady, days on market slowly drifting downward, prices still going down.  The big decline in inventory for December is typical because many listings expire on December 31 - it happens every year. This is typically followed by a surge of new listings in January. At least the new pendings and solds are up quite a bit from December 2007.

Some interesting numbers.  The graphs on the ORRA website paint a better picture of the Central Florida marketplace.  The stats below cover Seminole & Orange County including Orlando, Winter Park, Maitland, Apopka, Winter Garden, Ocoee, Belle Isle, Hunters Creek, Waterford Lakes, and College Park.

There were a total of 902 properties (houses, condos, and townhomes) that sold in Orange County during December 2008 with a median price of $173,250.  Prices have gotten awfully low during the last years and the numbers are finally making sense from a cash flow standpoint.  It is a good time to buy and hold.  Interest rates are at record lows. 

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(Copyright © 2009. 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.

I also provide flat fee MLS listings, For Sale By Owner, and menu-based services in most parts of Central & South Florida, the Space Coast, and the Treasure Coast including Orlando, Winter Park, Maitland, Ocoee, Winter Garden, Apopka, Altamonte Springs, Casselberry, Longwood, Winter Springs, Oviedo, Lake Mary, Sanford, Deltona, Debary, Deland, Mount Dora, Eustis, Clermont, Kissimmee, Winter Haven, Lakeland, Tampa, Sarasota, Bradenton, Miami-Dade, Fort Lauderdale, West Palm Beach, Port Saint Lucie, Melbourne, Daytona Beach, Ocala, Gainesville, Volusia, Brevard, and more.   

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