Top 5 Central Florida Cities with Short Sale Listings

Short Sale listings are when a home owner must sell their home even though they owe the lender more than the home is worth. The selling of this type of listing is subject to the lender agreeing to accept less than owed on the mortgage. For buyers who are patient, buying a home subject to a short sale could result in the buyer picking up a good home in the area they want for a good price.

So which Central Florida cities have the majority of short sale listings available to buyers? The following are the top 5 cities in Central Florida with the largest short sale inventory as of this post.

Top 5 Central Florida Cities with Short Sale Listings

1. Orlando - 2,694 short sales. Short sales in Orlando range in price from a low of $9,900 to just over $2 million. 1,152 of the active inventory are condos or townhomes. 1735 are listed as single family homes.
2. Kissimmee – 1,096 short sales. Prices of short sales in Kissimmee range from $8,500 to $250,000. 359 of the Kissimmee short sales are condos or townhomes.
3. Deltona - 396 short sales. Deltona short sale prices are between $24,000 and $259,000. Residential detached homes make up 394 of these short sales.
4. Apopka – 272 short sales. Prices in Apopka run from $24,000 to just over $300,000. The majority of the Apopka short sales are residential homes.
5. Saint Cloud short sales. Saint Cloud is the second Osceola city on this list. List prices run from $34,000 to nearly $700,000.

If you are interested in purchasing a short sale you should use a real estate agent who is qualified to help you with the transaction from start to finish. As a Certified Distressed Property Expert, I have the skills and know-how to help you find, negotiate and close a short sale transaction. Give me a call today to begin the process.

Related Florida real estate blog posts on short sales