Orlando Real Estate

April 24th, 2015 11:54 AM

There are 11,457 homes for sale listed by Orlando Realtors® and 8,053 homes listed as contract pending. Of the homes still available for sale, 1,610 are foreclosures and 598 are short sales. Of the homes with contracts pending, 1,796 are foreclosures and 1,913 are short sales.

Too early Orlando real estate sales statistics for April: 2,092 closed sales with a median sales price of $174,250. April sales look like they will slightly outpace last year, and prices are likely to be up more than 7%.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on April 24th, 2015 11:54 AMLeave a Comment

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$269,900.00
2613 VINE ST

Orlando, FL 32806



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 2091
Garage: 0 Built: 1966
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

David W. Welch
RE/MAX 200 Realty
4076296330
www.davidwelch.com



 
  Visit this listing here

Posted by David W. Welch on April 19th, 2015 11:27 AMLeave a Comment

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Here is the latest market report courtesy of the Orlando Regional Realtor Association.



Posted by David W. Welch on April 15th, 2015 1:13 PMLeave a Comment

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$469,900.00
30531 Orange Dr

Leesburg, FL 34748



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 2407
Garage: 0 Built: 0
 

144 feet of frontage on Lake Harris.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

David W. Welch
RE/MAX 200 Realty
4076296330
www.davidwelch.com



 
  Visit this listing here

Posted by David W. Welch on April 9th, 2015 5:12 PMLeave a Comment

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April 6th, 2015 12:38 PM

Apparently, March was the month to buy a home in Orlando, but I'll get to that in a minute. Inventory inched down a bit to 11,450 properties listed available by Orlando Realtors®. Of the properties listed active, 1,667 or 14.6% are REO, only 640 or 5.6% are short sales, and 9,143 or 79.9% are equity sales.

Pending sales, including properties listed as pending and active with contract edged up slightly to 7,561. Of the properties with contracts, 1,729 or 22.9% are REO, 1,943 or 25.7% are short sales, and 3,889 or 51.4% are equity sales.

Although the total number of active properties, and the total number of pending sales changed very little last month, the flow of sales was full steam ahead. There were 3,341 closed sales in March with a median sales price of $175,000. Compared to March of last year that is a 37% increase in the number of closed sales and more than a 9% increase in the median price. Of the properties that closed last month 956 or 28.6% are REO sales with a median price of $117,000; 137 or 4.1% are short sales with a median price of $130,000; and 2,248 or 67.3% with a median price of $205,000. The 137 short sales represented only 7.1% of all the pending short sales.

Cash sales remain strong, but are down as a percentage of total sales. There were 1,339 or 40.1% of the total sales that closed for all cash with a median price of $112,500. The remaining 2,002 or 59.9% of the sales closed with a median price of $204,000.

David Welch Real Estate Optimist, Orlando Real Estate



Posted by David W. Welch on April 6th, 2015 12:38 PMLeave a Comment

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March 30th, 2015 2:43 PM

There are 11,419 homes for sale listed by Orlando Realtors® and 7,782 homes listed as contract pending. Of the homes still available for sale, 1,660 are foreclosures and 642 are short sales. Of the homes with contracts pending, 1,797 are foreclosures and 1,966 are short sales.

Early Orlando real estate sales statistics for March: 2,640 closed sales with a median sales price of $175,000. Sales and prices are up.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on March 30th, 2015 2:43 PMLeave a Comment

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March 19th, 2015 2:52 PM

There are 11,425 homes for sale listed by Orlando Realtors® and 7,740 homes listed as contract pending. Of the homes still available for sale, 1,687 are foreclosures and 690 are short sales. Of the homes with contracts pending, 1,833 are foreclosures and 1,951 are short sales.

Way too early Orlando real estate sales statistics for March: 1,512 closed sales with a median sales price of $178,000. I am looking for close to 3,000 closings this month at this pace. Nice price increase looks possible too.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on March 19th, 2015 2:52 PMLeave a Comment

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Here is the latest market report courtesy of the Orlando Regional Realtor Association.


Posted by David W. Welch on March 16th, 2015 12:56 PMView Comments (2)

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March 9th, 2015 1:11 PM

Last month's numbers are up and down, but that is not necessarily a bad thing. Inventory is actually down quite a bit from January. There are 11,460 homes listed as active by Orlando Realtors® which is quite a bit less than the more than 12,000 that were available in January. Of the homes listed available, 1,706 or 14.9% are REO, only 747 or 6.5% are short sales and 9,007 or 78.6% are equity sales.

While the active inventory is down, contracts pending are up. There are 7,553 homes listed as pending or active with contract. Of the homes with a contract, 1,856 or 24.6% are REO, 1,936 or 25.6% are short sales and 3,761 or 49.8% are equity sales.

Sales and prices are up from last month and last year with 2,662 closed transactions last month with a median sales price of $159,900. Sales are up more than 28% from last year, and the median price is up over 3% from a year ago. Of the home sales closed last month, 859 or 32.3% are REO sales with a median price of $111,069; 173 or 6.5% are short sales with a median price of $132,000 and 1,630 or 61.2% are equity sales with a median price of $189,000. The closed short sales accounted for only 8.9% of the pending short sales and took on average 317 days to close. Cash sales remain strong with 1,264 or 47.5% of the closed transaction closing for all cash at a median sales price of $105,299. The remaining 1,398 or 52.5% of the sales closed with some type of financing with a median price of $193,000.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on March 9th, 2015 1:11 PMView Comments (1)

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SOLD
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$95,000.00
1626 GULFVIEW DR # 421

Maitland, FL 32751



Beds: 3 Rooms: 0
Full Baths: 3 Sq. Ft.: 1328
Garage: 0 Built: 1982
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

David W. Welch
RE/MAX 200 Realty
4076296330
www.davidwelch.com



 
  Visit this listing here

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Posted by David W. Welch on February 28th, 2015 11:06 AMView Comments (1)

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