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Tuesday, March 6, 2012

Olrando Real Estate- Weekly Report

Week of February 26, 2012

Orlando Single-family existing homes sales
  • Sales of single-family homes increased to 458 during the week of Feb 26, from 239 the week prior
  • The median price of single family homes increased to $140,000, a change of 12.0%
  • The number of single-family home foreclosure transactions increased to 88 last week, from 55 the week of Feb 19
  • The number of single-family home short-sale transactions increased to 140 from 76 the week prior
  • Single-family inventory decreased by 101, and now sits at 9,603

Orlando Condos, townhomes, and villas sales
Sales of condos, townhomes, and villas increased to 170 during the week of Feb 26, from 107 the week prior

  • The median price of condos, townhomes, and villas decreased to $63,000, a change of -16.0%
  • The number of condo, townhome, and villa foreclosure transactions increased to 51 last week, from 30 the week of Feb 19
  • The number of condo, townhome and villa short-sale transactions increased to 50 from 32 the week prior
  • Condo inventory decreased by 8, and now sits at 2,366

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