Orlando Real Estate Market Update - March 2012

Posted by Jeffrey G. Funk P.A. on Monday, April 16th, 2012 at 9:10am.

Home inventory has decreased 30% compared to this time last year. Home inventory in Central Florida has drastically decreased by 65.5% since spring of 2007. While conventional home sales made up 40.48% of the market in March, 33% of sales were short sales, and 26.51% were foreclosure sales.  The overall median home price climbed yet again, to $115,000. A 12% increase since March 2011.

Jeffrey G. Funk, P.A.
Realty Executives Central Florida
7932 West Sand Lake Road • Suite 302
Orlando, FL 32819
Office: 407-438-4028
Fax: 407-536-4328
Email: jeff@realtyinorlando.com

Leave a Comment