OrlandoForeclosure Listings

ORLANDO, ORANGE, FL

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Orlando Real Estate Facts and Amenities

Orlando, Florida is a major city in Florida and has approximately 18,702 foreclosed properties.

However, the number of foreclosure filings have been decreasing in Florida recently. During September 2013, the number of foreclosure filings was about 16% lower than during the previous month and 27% lower than what it was same time last year.

During August 2013, home sales declined by about 3% from the previous month and 28% from a year ago. That coupled with the high number of foreclosures does not indicate a healthy real estate market.

The average sales price of a non-distressed home was recorded as $135,000 and the median sales price of a distressed property was recorded as $106, 450.

Orlando is a very popular tourist destination and home to many theme parks, such as Disney World and Universal Studios. It also is only a few hours from the beach.

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Orlando Demographics and Housing Info

According to Census report, Orlando has 815,731 habitants. The region is divided, in terms of racial composition as: 56.07% whites, 17.57% Hispanic, followed by 17.14% blacks, 3.20% Asians, 0.29% Indians and 5.72% other races. Orlando population has a median age of 18 years.

4,924 households. This is the number of properties per zipcode counted by Census in its last work in Orlando. In Orlando, the average value of a home is $60,342. The regular number of people in each house is 1. Orlando has an average household income of $23,179.

Orlando counts with 24,122 business places, according to Census report. Working in these business places, there is a number of 548,798 employees. The annual payroll of the city is $347,354.

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