Frankly Speaking Blog

Monday Morning Quarterback Weekly Report for February 24 2013

March 4th, 2013 5:28 PM 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 24, 2013

Single-family existing homes

  • Sales of single-family homes increased to 539 during the week of Feb 24, from 314 the week prior
  • The median price of single family homes increased to $160,000, a change of 6.7%
  • The number of single-family home foreclosure transactions increased to 92 last week, from 68 the week of Feb 17
  • The number of single-family home short-sale transactions increased to 118 from 66 the week prior
  • Single-family inventory decreased by 88, and now sits at 7,384

Condos, townhomes, and villas

  • Sales of condos, townhomes, and villas increased to 177 during the week of Feb 24 from 98 the week prior
  • The median price of condos, townhomes, and villas decreased to $92,100, a change of -15.9%
  • The number of condo, townhome, and villa foreclosure transactions increased to 44 last week, from 20 the week of Feb 17
  • The number of condo, townhome and villa short-sale transactions increased to 26 from 11 the week prior
  • Condo inventory decreased by 18, and now sits at 2,061
Posted in:General
Posted by Frank Ferrell on March 4th, 2013 5:28 PM

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