OrlandoForeclosure Listings

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 has been decreasing in Florida recently. During September 2018, the number of foreclosure filings was about 16% lower than during the previous month and 27% lower than what it was the same time last year. During August 2018, 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.