Wednesday, May 16, 2012
Normal Sales Up, Orlando Foreclosures Down
Orlando Real Estate sales in April were lower than March, the inventory of homes have decreased each month. This shortage of properties is causing the median price of an Orlando home to increase. The median price of an Orlando Single family home is $158,000.
Orlando Real Estate Statistics is showing homes are staying are leaving the market faster than any previous months with an average of 87 days. This report shows, average mortgage rates at still at an all time low at 4.03%.
Contact us today to take advantage of searching for your next Orlando Home.