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 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