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 02, 2012

Single-family existing homes

• Sales of single-family homes decreased to 208 during the week of Sept 2, from 499 the week prior
• The median price of single family homes decreased to $140,875, a change of -1.5%
• The number of single-family home foreclosure transactions decreased to 29 last week, from 98 the week of Aug 26
• The number of single-family home short-sale transactions decreased to 51 from 140 the week prior
• Single-family inventory increased by 17, and now sits at 8,428

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 73 during the week of Sept 2, from 151 the week prior
• The median price of condos, townhomes, and villas decreased to $73,000, a change of -7.6%
• The number of condo, townhome, and villa foreclosure transactions decreased to 14 last week, from 37 the week of Aug 26
• The number of condo, townhome and villa short-sale transactions decreased to 21 from 42 the week prior
• Condo inventory decreased by 6, and now sits at 2,155