Home sales slip, condos soar [Central Florida]

Home sales slip, condos soar [Central Florida]

The number of homes on the market in Orlando ballooned again last month as sales of single-family houses continued to cool and the momentum shifted strongly to condominiums, according to figures released Wednesday.

The Orlando Regional Realtor Association’s inventory reached a record 14,559 homes in March — a strong bump up from 12,966 in February and nearly five times the count from a year ago.

Existing-home sales totaled 2,781 in March in the local Realtors’ “core market,” which is mainly Orange and Seminole counties. That was 10 percent better than a year earlier and a record for March.