Tuesday, September 14, 2010

Orlando Real Estate August Statistics


Orlando Real Estate Statistics

Orlando Real Estate August Statistics shows that sales of are up 10.91% over last August.  Distressed properties, consisting of short sales and bank foreclosures, are leading the majority of sales by 71.55% while regular sales accounted for 28.45%.  Condo sales have increased to 43.28% over last August, and condo sales throughout Florida is continue to be rising.  The median price for all types of homes is $99,900, which dipped 8.10% from July.  For more details, click on Orlando home sales increase as affordability hits all-time high.

  • Average Mortgage Rate:   4.61%
  • Inventory:  16,535
  • New Listings:  4,416
  • New Contracts:  3,892
  • Under Contract:  8,945
  • Back on Market:  1,277
  • Expired Listings: 613
  • Withdrawn:  1,285
  • Sales Closed:  2,429
  • Average Days on Market:  84
For historical data, see Orlando Regional Realtor Market Pulse.