Frankly Speaking Blog

Every Monday, ORRA'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 January 26, 2014

Single-family existing homes

• Sales of single-family homes increased to 373 during the week of Jan 26, from 227 the week prior
• The median price of single family homes increased to $169,000, a change of 5.6%
• The number of single-family home foreclosure transactions increased to 76 last week, from 50 the week of Jan 19
• The number of single-family home short-sale transactions increased to 56 from 27 the week prior
• Single-family inventory decreased by 12, and now sits at 9,671

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas increased to 111 during the week of Jan 26 from 59 the week prior
• The median price of condos, townhomes, and villas increased to $97,000, a change of 10.9%
• The number of condo, townhome, and villa foreclosure transactions increased to 27 last week, from 15 the week of Jan 19
• The number of condo, townhome and villa short-sale transactions increased to 9 from 6 the week prior
• Condo inventory increased by 26, and now sits at 2,646