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 August 26, 2012

Single-family existing homes

• Sales of single-family homes increased to 499 during the week of Aug 26, from 308 the week prior
• The median price of single family homes remained constant at $143,000 0.0%
• The number of single-family home foreclosure transactions increased to 98 last week, from 70 the week of Aug 19
• The number of single-family home short-sale transactions increased to 140 from 86 the week prior
• Single-family inventory decreased by 167, and now sits at 8,411

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas increased to 151 during the week of Aug 26, from 111 the week prior
• The median price of condos, townhomes, and villas decreased to $79,000, a change of -7.1%
• The number of condo, townhome, and villa foreclosure transactions increased to 37 last week, from 30 the week of Aug 19
• The number of condo, townhome and villa short-sale transactions increased to 42 from 28 the week prior
• Condo inventory increased by 19, and now sits at 2,161