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 June 02, 2013

Single-family existing homes

• Sales of single-family homes decreased to 318 during the week of Jun 2, from 457 the week prior
• The median price of single family homes increased to $178,250, a change of 1.9%
• The number of single-family home foreclosure transactions decreased to 41 last week, from 61 the week of May 26
• The number of single-family home short-sale transactions decreased to 59 from 91 the week prior
• Single-family inventory increased by 172, and now sits at 7,377

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 70 during the week of Jun 2 from 153 the week prior
• The median price of condos, townhomes, and villas decreased to $95,169, a change of -4.8%
• The number of condo, townhome, and villa foreclosure transactions decreased to 7 last week, from 25 the week of May 26
• The number of condo, townhome and villa short-sale transactions decreased to 9 from 26 the week prior
• Condo inventory increased by 34, and now sits at 2,092