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 1, 2012

Single-family existing homes

• Sales of single-family homes decreased to 218 during the week of Jul 1, from 495 the week prior
• The median price of single family homes decreased to $144,675, a change of -2.8%
• The number of single-family home foreclosure transactions decreased to 36 last week, from 93 the week of Jun 24
• The number of single-family home short-sale transactions decreased to 64 from 155 the week prior
• Single-family inventory increased by 30, and now sits at 8,615

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 67 during the week of Jul 1, from 124 the week prior
• The median price of condos, townhomes, and villas increased to $87,000, a change of 4.0%
• The number of condo, townhome, and villa foreclosure transactions decreased to 14 last week, from 24 the week of Jun 24
• The number of condo, townhome and villa short-sale transactions decreased to 18 from 34 the week prior
• Condo inventory decreased by 15, and now sits at 2,088