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Monday, March 12, 2012

Orlando Real Estate Weekly Market Report

Orlando Real Estate Report Week of March 4, 2012

Orlando Single-family existing homes
  • Sales of Orlando single-family homes decreased to 259 during the week of Mar 4, from 458 the week prior
  • The median price of Orlando  single family homes decreased to $135,000, a change of -3.6%
  • The number of single-family home foreclosure transactions decreased to 36 last week, from 88 the week of Feb 26
  • The number of single-family home short-sale transactions decreased to 87 from 140 the week prior
  • Orlando Single-family inventory decreased by 132, and now sits at 9,471

Orlando Condos, townhomes, and villas
  • Sales of condos, townhomes, and villas decreased to 83 during the week of Mar 4, from 170 the week prior
  • The median price of condos, townhomes, and villas increased to $73,000, a change of 15.9%
  • The number of condo, townhome, and villa foreclosure transactions decreased to 23 last week, from 51 the week of Feb 26
  • The number of condo, townhome and villa short-sale transactions decreased to 24 from 50 the week prior
  • Condo inventory decreased by 68, and now sits at 2,298

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