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 01, 2013

Single-family existing homes

• Sales of single-family homes decreased to 250 during the week of Sep 1, from 531 the week prior
• The median price of single family homes decreased to $170,000, a change of -4.5%
• The number of single-family home foreclosure transactions decreased to 31 last week, from 85 the week of Aug 25
• The number of single-family home short-sale transactions decreased to 31 from 76 the week prior
• Single-family inventory increased by 88, and now sits at 8,513

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 68 during the week of Sep 1 from 167 the week prior
• The median price of condos, townhomes, and villas increased to $105,500, a change of 0.5%
• The number of condo, townhome, and villa foreclosure transactions decreased to 12 last week, from 36 the week of Aug 25
• The number of condo, townhome and villa short-sale transactions decreased to 9 from 21 the week prior
• Condo inventory increased by 2, and now sits at 2,258