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Friday, February 24, 2012

Orlando Real Estate Weekly Report-median price goes up by 8.9%

Orlando Home and Condo Sales -Week of February 12, 2012

Single-family existing Orlando homes for Sale

  • Sales of single-family homes in the greater Orlando area increased to 315 during the week of Feb 12, from 201 the week prior
  • The median price of single family homes in Orlando increased to $125,200, a change of 8.9%
  • The number of single-family home foreclosure transactions increased to 60 last week, from 49 the week of Feb 5
  • The number of single-family home short-sale transactions increased to 105 from 63 the week prior
  • Single-family inventory decreased by 80, and now sits at 9,858

Orlando Condos, townhomes, and villas- Orange, Seminole, Osceola, Lake

  • Sales of  Orlando condos, townhomes, and villas increased to 107 during the week of Feb 12, from 77 the week prior
  • The median price of Orlando area condos, townhomes, and villas increased to $75,000, a change of 10.1%
  • The number of condo, townhome, and villa foreclosure transactions increased to 30 last week, from 23 the week of Feb 5
  • The number of condo, townhome and villa short-sale transactions increased to 32 from 29 the week prior
  • Condo inventory decreased by 30, and now sits at 2,374

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