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10 March 2011

Orlando Summary from Trulia

Average price per square foot for Orlando FL was $77, a decrease of 2.5% compared to the same period last year. The median sales price for homes in Orlando FL for Dec 10 to Feb 11 was $87,000 based on 1,769 home sales. Compared to the same period one year ago, the median home sales price decreased 18.7%, or $20,000, and the number of home sales decreased 53.4%. There are currently 5,166 resale and new homes in Orlando on Trulia, including 7 open houses, as well as 11,133 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Orlando FL was $223,959 for the week ending Mar 02, which represents an increase of 0.9%, or $1,951, compared to the prior week. Popular neighborhoods in Orlando include Meadow Woods and Lake Nona, with average listing prices of $150,609 and $548,199.

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