Frankly Speaking Blog

Monday Morning Quarterback Weekly Report for February 23 2014

March 10th, 2014 7:09 AM by Frank Ferrell

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 February 23, 2014

Single-family existing homes

  • Sales of single-family homes increased to 470 during the week of Feb 23, from 276 the week prior
  • The median price of single family homes decreased to $170,500, a change of -3.5%
  • The number of single-family home foreclosure transactions increased to 107 last week, from 49 the week of Feb 16
  • The number of single-family home short-sale transactions increased to 47 from 24 the week prior
  • Single-family inventory decreased by 35, and now sits at 9,932

Condos, townhomes, and villas

  • Sales of condos, townhomes, and villas increased to 119 during the week of Feb 23 from 78 the week prior
  • The median price of condos, townhomes, and villas increased to $111,000, a change of 12.2%
  • The number of condo, townhome, and villa foreclosure transactions increased to 37 last week, from 17 the week of Feb 16
  • The number of condo, townhome and villa short-sale transactions increased to 13 from 6 the week prior
  • Condo inventory decreased by 13, and now sits at 2,769
Posted in:General
Posted by Frank Ferrell on March 10th, 2014 7:09 AM

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