Central Florida MLS statistics - metro Orlando & Tampa Florida

I was digging around through some MLS stats yesterday afternoon and put together the following numbers:

Since 7/1/2009 there were: 22,604 residential closings in the 13+ counties that comprise the Mid-Florida MLS. 6,536 were not designated as if they were a distressed sale or not - the MLS started requiring properties to be designated this way on or about September 1.

16,068 were designated as a short sale, bank owned, or neither. Of those 16,068 -- 7,582 (47.2%) were bank owned, 3,524 (21.9%) were short sales, and 4,963 (30.9%) were neither.

Of the 22,604 closings - 9,575 (42.4%) were bought with ALL CASH, 5,511 (24.4%) were bought with FHA or VA mortgages, 6,255 (27.7%) were bought with conventional mortgages, and 1,263 (5.6%) were closed using some other form of creative financing or other financing.

It is surprisng how many cash buyers are out there. It is also surprising how many sales were bank owned compared to the others. Short sales seem to dominate the properties for sale, but are low on the list of closed sales.