Orlando housing market sales price has increased for the fifth consecutive month
• Orlando home sales in May 2010 were up 38.42 percent over May 2009.
• Of the 2,605 sales in May, “normal” sales accounted for 35.36 percent of
all sales, while bank-owned and short sales made up 64.64 percent.
• Pending sales are up 56.76 percent in May of this year compared to May of
last year.
• Condo sales in the Orlando area increased by 56.61 percent in May when
compared to May of last year.
• The median price of all existing homes combined sold in May 2010 increased
0.33 percent to from April 2010
• In May 2010 the average home sold for 94.58 percent of its listing price.
• The May 2010 inventory level is 16.52 percent lower than it was in May
2009.
Posted: 11 June 2010
Source: Orlando Regional Realtors Association
Click here for original article
