The median price of Orlando homes sold in September jumped 11.11 percent to $125,000, spurred by a significant increase in the number of traditional transactions and the higher prices generated by that sales type. Orlando’s median price has now posted positive year-to-year gains for 14 consecutive months.
In addition, the median price increased 3.91 percent over the August 2012 median price of $120,300.
All sales types experienced year-to-year increases in median price in September. The median price of normal sales increased 6.67 percent, while the median price of foreclosures increased 4.32 percent and short sales increased 1.01 percent.[embedplusvideo height=”281″ width=”450″ standard=”http://www.youtube.com/v/FMo8Mi8LNqw?fs=1″ vars=”ytid=FMo8Mi8LNqw&width=450&height=281&start=&stop=&rs=w&hd=0&autoplay=0&react=1&chapters=¬es=” id=”ep6276″ /]