Friday, March 20, 2009

Orlando Real Estate Fast Facts

  • Orlando Area distressed sales and bank owned represented 54.57% of active listing in January 2009.
  • First time home buyers account for 41% of the homes sales in 2008 compared to 33% in 2005.
  • Osceola County is leading among Central Florida Counties for -51.10% median price decline over past 2 years.
  • 410 Condos were sold for under $50K in January 2009 as compared to 28 in January 2009. That equal 1,364.29% increase in condos sold under $50K.
  • Orlando ranked #4 in overall most Wired city including broadband, access options, and wi-fi spots.