Frankly Speaking Blog

Every Monday, Orlando Regional Realtors Association's Monday Morning Quarterback Report gives you a snapshot of the previous week's market activity, including sales, prices, days on market, and much, much more.

Week of May 6, 2012

Single-family existing homes

• Sales of single-family homes decreased to 290 during the week of May 6, from 453 the week prior
  
• The median price of single family homes decreased to $136,000, a change of -2.0%
  
• The number of single-family home foreclosure transactions decreased to 67 last week, from 80 the week of Apr 29
  
• The number of single-family home short-sale transactions decreased to 66 from 117 the week prior
  
• Single-family inventory decreased by 123, and now sits at 8,723

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas decreased to 92 during the week of May 6, from 161 the week prior
  
• The median price of condos, townhomes, and villas decreased to $73,500, a change of -14.5%
  
• The number of condo, townhome, and villa foreclosure transactions remained constant28 last week, from 28 the week of Apr 29
  
• The number of condo, townhome and villa short-sale transactions decreased to 23 from 36 the week prior
  
• Condo inventory increased by 54, and now sits at 2,079