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 September 22, 2013

Single-family existing homes

• Sales of single-family homes increased to 360 during the week of Sep 22, from 339 the week prior
• The median price of single family homes decreased to $167,000, a change of -6.5%
• The number of single-family home foreclosure transactions decreased to 39 last week, from 53 the week of Sep 15
• The number of single-family home short-sale transactions increased to 70 from 57 the week prior
• Single-family inventory increased by 159, and now sits at 9,009

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 101 during the week of Sep 22 from 118 the week prior
• The median price of condos, townhomes, and villas decreased to $80,000, a change of -23.8%
• The number of condo, townhome, and villa foreclosure transactions increased to 24 last week, from 23 the week of Sep 15
• The number of condo, townhome and villa short-sale transactions increased to 15 from 14 the week prior
• Condo inventory increased by 42, and now sits at 2,374