Frankly Speaking Blog

Every Monday, Orlando Regional Realtor Association's Monday Morning Quarterback Report gives you a snapshot of the previous week's market activity, including sales, prices, days on market, and much, much more.

Week of July 07, 2013

Single-family existing homes

• Sales of single-family homes increased to 379 during the week of Jul 7, from 265 the week prior
• The median price of single family homes decreased to $172,000, a change of -1.7%
• The number of single-family home foreclosure transactions increased to 54 last week, from 30 the week of Jun 30
• The number of single-family home short-sale transactions increased to 71 from 42 the week prior
• Single-family inventory increased by 108, and now sits at 7,698

 Condos, townhomes, and villas

• Sales of condos, townhomes, and villas increased to 93 during the week of Jul 7 from 78 the week prior
• The median price of condos, townhomes, and villas increased to $110,000, a change of 7.4%
• The number of condo, townhome, and villa foreclosure transactions decreased to 7 last week, from 8 the week of Jun 30
• The number of condo, townhome and villa short-sale transactions increased to 16 from 6 the week prior
• Condo inventory decreased by 6, and now sits at 2,163