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 15, 2012

Single-family existing homes

• Sales of single-family homes increased to 350 during the week of Jul 15, from 349 the week prior
  
• The median price of single family homes decreased to $137,000, a change of -2.1%
  
• The number of single-family home foreclosure transactions decreased to 65 last week, from 69 the week of Jul 8
  
• The number of single-family home short-sale transactions decreased to 93 from 95 the week prior
  
• Single-family inventory increased by 18, and now sits at 8,602

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 81 during the week of Jul 15, from 104 the week prior
  
• The median price of condos, townhomes, and villas decreased to $77,500, a change of -8.8%
  
• The number of condo, townhome, and villa foreclosure transactions decreased to 22 last week, from 26 the week of Jul 8
  
• The number of condo, townhome and villa short-sale transactions increased to 30 from 28 the week prior
  
• Condo inventory increased by 36, and now sits at 2,128