Orlando Area Market Statistics for October 2011

Once again we can see an overall improvement in the market conditions in the Orlando Area, some of the most relevant statistics are:

  • Median Home Price has risen 18.8% since January 2011
  • Home inventory is the lowest since 2005, with only a 4.8 month supply of homes
  • Foreclosure sales are down 38.5% and the median price of a foreclosure rose up to 13.5 relieving some of the downward pull on home prices.
Well, in the real estate market we’ve had any good news/indicators are welcome!
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