Orlando Real Estate - Blog

January 28th, 2010 12:50 PM

Compared with Florida's other metro areas, Orlando's existing-home sales overall held steady from November to December, according to a monthly report by the Florida Association of Realtors.

Orlando-area Realtors ended the year selling more single-family houses than agents in any other metropolitan market in the state, closing 2,300 sales last month. The next-busiest market was Tampa, with 2,123 sales.

For the month, Metro Orlando's condo market recorded 612 sales and a 3 percent decline in median price.

For the year, Orlando's condo prices fell more on a percentage basis than comparable cities in the state, plummeting 29 percent from $75,000 in December 2008 to $53,500. Tampa's condo prices dipped 17 percent; Miami's, 16 percent; and Fort Lauderdale's, 17 percent during the year. complete story

Source: OrlandoSentinel.com - Mary Shanklin

Posted by Orlando Realty Experts on January 28th, 2010 12:50 PMPost a Comment (0)
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