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 August 04, 2013

Single-family existing homes

• Sales of single-family homes decreased to 321 during the week of Aug 4, from 617 the week prior
• The median price of single family homes decreased to $170,000, a change of -4.5%
• The number of single-family home foreclosure transactions decreased to 37 last week, from 82 the week of Jul 28
• The number of single-family home short-sale transactions decreased to 53 from 100 the week prior
• Single-family inventory increased by 161, and now sits at 8,117

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 96 during the week of Aug 4 from 175 the week prior
• The median price of condos, townhomes, and villas decreased to $92,950, a change of -13.1%
• The number of condo, townhome, and villa foreclosure transactions decreased to 17 last week, from 37 the week of Jul 28
• The number of condo, townhome and villa short-sale transactions decreased to 11 from 22 the week prior
• Condo inventory increased by 42, and now sits at 2,236