Pace of Orlando home sales remains strong in June
• Orlando home sales in June showed an increase of 27.66 percent over June
2009.
• The number of new contracts filed in June 2010 represents an increase of
2.09 percent more than were filed in June 2009.
• Pending homes sales were up 33.13 percent in June of this year compared to
June of last year.
• The median price of all existing homes combined sold in June 2010
increased 0.87 percent from that recorded in May 2010.
• The median price for “normal” sales is up 9.38 percent from last month.
The median price for bank-owned sales is down 4.32 percent, and the median
price for short sales is up 4.78 percent from last month.
• In June, “normal” sales accounted for 32.15 percent of all sales, while
bank-owned and short sales made up 67.85 percent.
• The June 2010 inventory level is 8.56 percent lower than it was in June
2009.
• The current pace of sales translates into 5.75 months of supply; June 2009
recorded 8.03 months of supply.
Posted: 12 July 2010
Source: Orlando Regional Realtors Association
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