Orlando Real Estate

PENDING
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$474,900.00
1751 Blue Ridge Rd

Winter Park, FL 32789



Beds: 4 Rooms: 0
Full Baths: 3 Sq. Ft.: 3113
Garage: 0 Built: 0
 

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 September 19th, 2014 12:02 PMPost a Comment (0)

September 18th, 2014 8:45 AM

There are 12,650 homes for sale listed by Orlando Realtors® and 7,428 homes listed as contract pending. Of the homes still available for sale, 2,257 are foreclosures and 1,068 are short sales. Of the homes with contracts pending, 1,657 are foreclosures and 2,584 are short sales.

Way too early Orlando real estate sales statistics for September: 1,234 closed sales with a median sales price of $166,000. Inventory keeps climbing. There are a lot of interest only ARMS that are starting to reach their reset point. Is that what we are already seeing with all the new listings?

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on September 18th, 2014 8:45 AMPost a Comment (0)

September 11th, 2014 2:01 PM

There are 12,508 homes for sale listed by Orlando Realtors® and 7,409 homes listed as contract pending. Of the homes still available for sale, 2,175 are foreclosures and 1,074 are short sales. Of the homes with contracts pending, 1,624 are foreclosures and 2,584 are short sales.

Way too early Orlando real estate sales statistics for September: 633 closed sales with a median sales price of $175,000. I think sales may still be pretty strong this month.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on September 11th, 2014 2:01 PMPost a Comment (0)

September 11th, 2014 12:22 PM
SOLD
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$135,000.00
860 N Orange Ave
#177
Orlando, FL 32801



Beds: 2 Rooms: 0
Full Baths: 2 Sq. Ft.: 1004
Garage: 0 Built: 2000
 

This is a new sold 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 September 11th, 2014 12:22 PMPost a Comment (0)

September 5th, 2014 1:03 PM
Inventory continues to rise with 12,439 homes currently listed as active by Orlando Realtors®. Of that number 2,141 or 17.2% are REO, 1,115 or 9.0% are short sales and 9,183 or 73.8% are equity sales. The pending inventory continues to creep down as we slowly work through the short sales. There are 7,270 properties listed as pending or active with contract. Of those 1,576 or 21.7% are REO, 2,593 or 35.7% are short sales and 3,101 or 42.7% are equity sales.

Sales were actually pretty darn good for August with 2,974 properties changing hands last month with a median sales price holding steady at $165,000. Of the homes that sold last month, 798 or 26.8% are REO with a median price of $110,500; 221 or 7.4% are short sales with a median price of $132,000; and 1,955 or 65.7% are equity sales with a median price of $192,000. The 221 short sales represents just 8.5% of the short sale pending inventory. Cash sales remain strong, but the percentage of transactions closing for all cash continues to decline as investor activity slows. There were 1,240 or 41.7% of the total sales closing with no financing with a median price of $106,700. The remaining 1,734 or 58.3% of the sales closed with some form of financing with a median price of $195,000.

Posted by David W. Welch on September 5th, 2014 1:03 PMPost a Comment (0)

September 3rd, 2014 8:45 AM

There are 12,284 homes for sale listed by Orlando Realtors® and 7,344 homes listed as contract pending. Of the homes still available for sale, 2,086 are foreclosures and 1,109 are short sales. Of the homes with contracts pending, 1,601 are foreclosures and 2,613 are short sales.

Early Orlando real estate sales statistics for August: 2,852 closed sales with a median sales price of $165,000. Inventory dropped a bit at the end of the month as listings expired.

David Welch Real Estate OptimistOrlando Real Estate


Posted by David W. Welch on September 3rd, 2014 8:45 AMPost a Comment (0)

August 27th, 2014 10:09 AM

There are 12,384 homes for sale listed by Orlando Realtors® and 7,595 homes listed as contract pending. Of the homes still available for sale, 2,084 are foreclosures and 1,112 are short sales. Of the homes with contracts pending, 1,634 are foreclosures and 2,670 are short sales.

Too early Orlando real estate sales statistics for August: 2,061 closed sales with a median sales price of $161,500. Either pendings jumped in the last week, or the stats from our MLS were off.

David Welch Real Estate OptimistOrlando Real Estate


Posted by David W. Welch on August 27th, 2014 10:09 AMPost a Comment (0)

August 20th, 2014 8:53 AM

There are 12,323 homes for sale listed by Orlando Realtors® and 6,709 homes listed as contract pending. Of the homes still available for sale, 2,026 are foreclosures and 1,139 are short sales. Of the homes with contracts pending, 1,648 are foreclosures and 2,709 are short sales.

Way too early Orlando real estate sales statistics for August: 1,357 closed sales with a median sales price of $162,500. Inventory is still climbing, but I think more slowly. Foreclosures are up, but short sales are down a bit.

David Welch Real Estate OptimistOrlando Real Estate


Posted by David W. Welch on August 20th, 2014 8:53 AMPost a Comment (0)

August 14th, 2014 9:01 AM

There are 12,280 homes for sale listed by Orlando Realtors® and 7,631 homes listed as contract pending. Of the homes still available for sale, 2,003 are foreclosures and 1,147 are short sales. Of the homes with contracts pending, 1,616 are foreclosures and 2,723 are short sales.

Way too early Orlando real estate sales statistics for August: 838 closed sales with a median sales price of $162,500. Inventory finally appears to be leveling off. We are also entering a slower time of year as students head back to school over the next few weeks.

David Welch Real Estate OptimistOrlando Real Estate


Posted by David W. Welch on August 14th, 2014 9:01 AMPost a Comment (0)

August 5th, 2014 1:40 PM
Active listings are up with 12,250 properties listed active by Orlando Realtors. That number is down from just a few days ago though, so I am wondering if the pace of new listings is finally slowing down. Of those active listings 1,990 or 16.2% are REO, 1,145 or 9.3% are short sales and 9,115 or 74.4% are equity sales. All types of listings are up from a month ago.

Pending sales continue to slide with only 7,524 currently listed as having a contract pending. Of the properties with contracts on them 1,571 or 20.9% are REO, 2,765 or 36.7% are short sales and 3,188 or 42.4% are equity sales. I include both pending and the active with contract status in my pending numbers.

There were 3,003 closed sales in the month of July with a median sales price of $169,900. I had hoped for 3,000 sales, and we just got across the line. Of the closed sales 760 or 25.3% were REO with a median price of $104,900; only 247 or 8.2% were short sales with a median price of $130,000; and 1,996 or 66.5% were equity sales with a median price of $202,500. Successful short sales continue take an average nine months from listing to close. The 247 closed short sales accounted for only 8.9% of the pending short sales. The overall median price was up slightly, as was the median price for REO and equity sales.

Cash sales remain strong, but continue to show signs of weakening. There were 1,230 or 41% of the closed sales closing for all cash  with a median sales price of $112,000. The remaining 59% or 1,773 sales had some type of financing and closed with a median price of $199,900. At the current sales pace there is about a four month supply of available inventory.

Posted by David W. Welch on August 5th, 2014 1:40 PMPost a Comment (0)

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