Tuesday, November 17, 2009

Home Sales Up Nearly 80% In Orlando

A whopping 79.6% more existing homes were sold in October in Orlando than in same month 2008 according to the Orlando Regional Realtor Association. Members of the association sold 2,206 existing homes in October, comparing to only 1,228 closings in the same month a year ago.

Orlando homebuyers purchased 188 duplexes, villas and townhomes in October a mild increase from 103 in October of 2008.

Condo sales totaled 411 in October, over three times more than the 122 sold in October of 2008. A total of 3,499 condos have been resold year-to-date, compared to the 1,185 during the same time last year.

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