There are 8,992 homes available for sale listed by Orlando Realtors, and 9,507 homes with contracts. Of the homes available, 793 are foreclosures and 2,897 short sales. Of the homes with contracts on them, 1,176 are foreclosures and 6,984 are short sales.
Early Orlando, January real estate sales statistics: 1,216 sales have closed so far with a median sales price of $103,600. The lowest price of a home closed this month was $5,000 and the highest price was $4,438,900.
David Welch Real Estate Optimist, Orlando Real Estate, Any Home-Any Phone
I started a short series on business planning using Stephen Covey's Seven Habits as a guide. In my first post I talked about what Covey refers to as Private Victory and the first three habits: be proactive, begin with the end in mind, and put first things first. This post will focus on the Public Victory areas of: think win-win, seek first to understand then to be understood, and synergize.
You can apply these three habits in the implementation of your business plan as you are actually in field working with buyers, sellers, other agents, title companies, lenders and the other professionals we deal with on a regular basis.
Think win-win is an appropriate mindset when working with your customers. If you do your job well your customer has their home sold or their purchase closed and you get paid for your efforts. Your customer and you both have an incentive to work together and you both win at closing. This is also the best mindset to have when approaching the other agent, the title agent and the lender. By working together toward a successful closing every professional involved benefits.
Seek first to understand then to be understood is really the secret to success of any salesperson. Your customer is not looking to be sold, they are looking for your professional opinions and advice. You are their advocate in the transaction, and you need to understand their concerns. Ask your customer questions, then be quiet and listen. A little time listening to your customer can yield a much more productive relationship with them.
Finally, synergize goes hand in hand with thinking win-win with the other people involved in closing your transaction. I have had a business relationship with the same title agency and the same loan officer for about 13 years. I stongly encourage my customers to work with these people, because I have complete confidence their transaction will be handled professionally. I find that the transactions I close with these folks go so much more smoothly. You need to try to synergize with whoever may be providing your customer's loan or closing their transaction, but whenever you can working with your partners takes the synergy to another level.
There is one habit left, and I'll cover that in my next post.
There are 9,018 homes available for sale listed by Orlando Realtors, and 9,470 homes with contracts. Of the homes available, 829 are foreclosures and 2,902 are short sales. Of the homes with contracts, 1,154 are foreclosures and 6,982 are short sales.
Early Orlando real estate sales statistics: 1,108 sales have closed so far with a median sales price of $105,000. It looks like our number of closed sales will be off last year's mark of 2,100, but the median price looks to be about $10,000 higher than last year's $95,000.
December 2011 real estate search results are in and Orlando, FL was the #10 most searched market in the country in December 2011, based on data released today by Realtor.com, the #1 homes for sale real estate web site.
Median list prices for homes in Orlando, FL hit $155,000 in December 2011, a 0.71% increase from one year ago this month, and -2.52% decrease from November 2011. The national median list price in December 2011 was $188,000, a 5.03% increase compared to December 2010.
Active for sale inventory of homes in Orlando, FL in December 2011 leveled out at 11,159, a -43.26% decrease compared to December 2010. National inventory counts for December 2011 were 1,893,528, a -22.29% decrease as compared to a year ago.
The median age of inventory in Orlando, FL in December was 80 days, a 8.11% increase compared to November 2011. Nationally, the median age of inventory was 122 days, a 7.02% increase compared to November.
For details on all 146 MSAs monitored by Realtor.com in December 2011, click here:
http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx
Contact us if you’re interested in a custom report detailing real estate trend data by county or zip code.
Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale homes, active inventory counts and median age of inventory. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.
According to Realtor.com, the top 10 most searched real estate markets, identified as MSAs, in the United States in December 2011 include:
Chicago, IL 1stDetroit, MI 2rdLos Angeles-Long Beach, CA 3rdPhoenix-Mesa, AZ 4thAtlanta, GA 5thTampa-St. Petersburg-Clearwater, FL 6thPhiladelphia, PA 7thDallas, TX 8thLas Vegas, NV 9thOrlando, FL 10th
In addition, the top most searched real estate markets in Florida in December 2011, and the national searched rank included:
Tampa-St. Petersburg-Clearwater, FL #6Orlando, FL #10West Palm Beach-Boca Raton, FL #13Fort Lauderdale, FL #16Miami, FL #18Fort Myers-Cape Coral, FL #31Sarasota-Bradenton, FL #38Jacksonville, FL #42Melbourne-Titusville-Palm Bay, FL #46Fort Pierce-Port St. Lucie, FL #52Naples, FL #54Daytona Beach, FL #56Lakeland-Winter Haven, FL #62Pensacola, FL #110Tallahassee, FL #113Ocala, FL #124Punta Gorda, FL #129Gainesville, FL #130
Realtor.com is the most searched real estate web site today, and displays more than four million for sale and for rent property listings fed directly to the site for free by more than 933 multiple listing services (MLS) across the nation. More than 75 percent of all listings on Realtor.com are updated every 15 minutes with important information including price changes, sold data and property status changes, with the remaining properties updated every one to 24 hours. All homes tracked in these monthly reports are single family homes, condominiums, co-ops and townhomes.
For more information or commentary on local market trends, please contact:
Julie.Reynolds@move.comJennifer.DuBois@move.comJill.Kipnis@move.comCandice.Cerro@move.comMove@accesspr.com
There are 9,027 homes for sale listed by Orlando Realtors, and 9,435 homes with contracts. Of the homes available, 838 are foreclosures and 2,916 are short sales. Of the homes with contracts, 1,147 are foreclosures and 6,975 are short sales. Keep an eye on these trends: fewer homes available and a rising number of pending contracts. A year ago I sold a condo in Baldwin Park for $149,900, and a similar unit just came on the market for $199,900. It was under contract in four days.
Early Orlando real estate sales statistics: 1,038 sales have closed so far with a median sales price of $104,500. Looks like the January slump has hit, unless there are a bunch closing at the end of the month.
There are 9,022 homes available for sale listed by Orlando Realtors, and 9,391 homes with contracts. Anybody else noticing the inventory is continuing to decline? Of the homes available, 841 are foreclosures and 2,920 are short sales - also both declining. Of the homes with contracts, 1,132 are foreclosures and 6,969 are short sales.
Early Orlando real estate sales statistics: so far this month, 968 sales have closed with a median sales price of $105,000.
There are 9,060 homes available for sale listed with Orlando Realtors, and 9,326 homes with contracts. We were busy selling houses this weekend, but not listing too many. Of the homes available, 853 are foreclosures and 2,935 are short sales. Of the homes with contracts, 1,136 are foreclosures and 6,937 are short sales.
Orlando real estate sales statistics: so far 892 sales have closed with a median sales price of $105,000. I still hope to add two to that number by the end of the month.
There are 9,124 homes available for sale listed with Orlando Realtors, and 9,231 homes with contracts. Both numbers seem to be rising slightly. Of the homes available for sale, 857 are foreclosures and 3,002 are short sales. Of the homes with contracts, 1,118 are foreclosures and 6,883 are short sales.
There have been a couple of new listings in Baldwin Park, both small homes on Chatas priced at $299,000 bringing the inventory up to 23.
Early Orlando real estate sales statistics: so far this month there have been 785 sales closed with a median price of $101,000.
I don't read a lot of management books - at least not since I finished my MBA 22 years ago. One that I have read is Steven Covey's "Seven Habits of Highly Successful People." I was in a goal setting meeting at our office yesterday, and I started thinking about the seven habits and how well they correlate to our industry. Covey groups the habits into three different areas, so today I am going to focus on the grouping he titled "Private Victory". The three habits that fall into this category are "Be Proactive", "Begin with the End in Mind", and "Put First Things First."
The typical agent in our market only sells three or four houses a year, and I think a lot of that is directly related to them not having any kind of plan. Sitting and waiting for the phone to ring is not a plan. You have to be proactive, and that can mean a lot of things. Some people read that and immediately think it means cold calling. That is not necessarily the case. It just means that you have to reach out to the market, and let people know that you are in the real estate business. When making plans, you need to begin with the end in mind. How many people do you want to help this year? Assuming you are in business to make a profit, how much money do you need to make and how much do you make on your average transaction? Divide the former by the latter, and you will have the number of people you need to help. It is not rocket science.
Finally, you have to implement your plan, and that means putting first things first. We are always juggling three aspects of our business. I call them the three C's: contacts, contracts and closings. Before you can go to a closing, you have to have a contract. Before you can have a contract, you have to make contact with buyers and sellers. So, if you are really putting first things first, you are meeting potential customers. I have heard the average person knows about 300 people, and that sounds like a pretty good sized datebase of potential customers and referrals. Think of these three habits when you are working on your business plan, and read Covey's book for a whole lot more detail than I have written about here.
There are 9,128 homes available for sale listed with Orlando Realtors, and 9,209 homes with contracts. Of the homes available, 860 are foreclosures and 3,012 are short sales. Of the homes with contracts, 1,113 are foreclosures and 6,870 are short sales.
Early Orlando real estate sales statistics: so far there have been 716 closed sales with a median sales price of $101,000. At this pace we are probably going to have just about 2,000 closings this month. Prices look to be off from last month's $115,000, but probably higher than last years $95,000.
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