Orlando Real Estate

The official numbers won't be out until the 10th, but here are my unofficial numbers for March 2008. Active listings still holding steady at 26,851. Pending sales are down a little bit, but that is because a lot of sales got closed finally. Now for the really good news. Closed sales counted so far 1,052 with a median price of $219,900. This is tentative though, because a few more lower sales, and this number could drop by $2,000. All closed sales are supposed to be reported in the MLS within two days, but the association statistician waits until the fifth of the month just to be sure all the sales get in. Even better news is that there were 1,711 new contracts written in March as compared with 1,239 in January and 1,537 in February.

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