Orlando, FL Market Update for October 2006
Here are the latest real estate market statistics for Orlando, FL. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 37.3%
| Average | September 2006 | October 2006 | % Change |
|---|---|---|---|
| Asking Price | $293,373 | $308,861 | 5.3% |
| Sales Price | $284,167 | $297,799 | 4.8% |
| % of Asking Price | 97% | 96% | -1.0% |
| $/SQFT | $175 | $171 | -2.3% |
| Days on Market | 89 | 101 | 13.5% |
| Total Transactions | 839 | 826 | -1.5% |
As of 11/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 11/6/2006: 9,764 properties on the market with 3,645 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.
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