Orlando homes sales increase as median price climbs for third month in a row
• Orlando home sales in April 2010 were up 32.74 percent over April 2009.
• Of the 2,461 sales in April, “normal” sales accounted for 32.91 percent of
all sales, while bank-owned and short sales made up 67.09 percent.
• Pending sales are up 86.18 percent in April of this year compared to April
of last year.
• Condo sales in the Orlando area increased by 61.06 percent in April when
compared to April of last year.
• The median price of all existing homes combined sold in April 2010
increased 4.55 percent from that recorded in March 2010.
• In April 2010 the average home sold for 95.85 percent of
its listing price.
• The April 2010 inventory level is 21.93 percent lower than it was in April
2009.
Posted: 13 May 2010
Source: Orlando Regional Realtors Association
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