Market Statistics February 2009 for Orange County, FL - Orlando, Winter Park, Apopka, Ocoee, Winter Garden

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

The Orlando Regional Realtor Association ® released the market figures for Orange County and Seminole County today. For the first time in several years now, I am optimistic about where the market is headed.  We still have a long way to go by all means, but the numbers are encouraging.  Inventory continues to decrease while sales continue to remain steady.  New listings are less than there were in February 2008 and days on the market continues to decrease.  Here is a direct link to all the statistics.  Orange County market statistics.

Orange County covers Orlando, Winter Park, Maitland, Ocoee, Winter Garden, Windermere, Apopka, Belle Isle, Waterford Lakes, & College Park.

For the numbers listed below, in Orange County there were a total of 13,876 properties for sale as of today's date.  During February 2009 there were 2006 new listings and 818 solds.

 

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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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Rainer
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Terry Haugen STAGE it RIGHT! 321-956-2495
Stage it Right! - Melbourne, FL

Rob, my son has been trying to buy a home in Avalon Park since last May.  Everytime he finds something he can afford and investors sneaks in and outbids him.  Do you think the market is moving only investor bought homes?  Are they predominately short sales and foreclosures?  Or is there no data kept on those figures?

Mar 12, 2009 02:42 PM #1
Rainmaker
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Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

I don't think there is any data kept on those figures. The MLS data allows you to do some unscientific research.  From what I can tell about 40% or so of the homes selling in Orange & Seminole Counties are listed as short sales or bank owned.  Probably a few more than that actually are, but are not flagged by the MLS search as being so. There are still for more owner occupants selling and buying than there are investors from what I can see happening.  Sounds like your son has just had a little bad luck is all - he will find something that suits him soon enough.

Mar 13, 2009 01:08 AM #2
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Rainmaker
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Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
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