Tuesday, June 11, 2019
Orlando Weekly Real Estate Update June 2nd, 2019

Orlando Weekly Real Estate Update June 2nd, 2019

Single-Family Existing Homes

- Sales of single-family homes decreased to 599 during the week of Jun 2, from 708 the week prior

- The median price of single-family homes decreased to $272,500, a change of -2.7%

- The number of single-family home foreclosure transactions increased to 19 last week, from 12 the week of May 26

- The number of single-family home short-sale transactions remained constant at 5

- Single-family inventory increased by 32, and now sits at 6,988

Condos, Townhomes, and Villas

- Sales of condos, townhomes, and villas decreased to 170 during the week of Jun 2, from 196 the week prior

- The median price of condos, townhomes, and villas decreased to $170,250, a change of -2.7%

- The number of condo, townhome, and villa foreclosure transactions decreased to 2 last week, from 5 the week of May 26

- The number of condo, townhome and villa short-sale transactions remained constant at 0

- Condo inventory increased by 62, and now sits at 1,891


 

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