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 May 20, 2012

Single-family existing homes

• Sales of single-family homes increased to 434 during the week of May 27, from 316 the week prior
• The median price of single family homes increased to $147,450, a change of 6.2%
• The number of single-family home foreclosure transactions increased to 81 last week, from 76 the week of May 20
• The number of single-family home short-sale transactions increased to 110 from 81 the week prior
• Single-family inventory decreased by 64, and now sits at 8,627

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas remained constant at 117 during the week of May 27
• The median price of condos, townhomes, and villas decreased to $76,000, a change of -11.6%
• The number of condo, townhome, and villa foreclosure transactions increased to 38 last week, from 33 the week of May 20
• The number of condo, townhome and villa short-sale transactions decreased to 19 from 25 the week prior
• Condo inventory decreased by 4, and now sits at 2,096