New Contracts

Pending sales reach all-time high; median price makes a monthly gain

(March 19, 2010 – Orlando, FL) Members of the Orlando Regional REALTOR® Association filed 4,043 new sales contracts in the month of February, the greatest monthly tally since the organization began recording the statistic in 2005 at the height of Orlando’s red-hot market. The number represents a jump of 66.11 percent more new contracts filed in February 2010 than in February 2009 (2,434).

courtesy of ORRA email