Orlando area's existing home inventory is at an all time low of 13,480 homes on the market for February 2011.

This is a sixteen percent drop from the same month February a year ago.  It is the lowest home inventory we have had since March of 2006 according to the Orlando Regional Realtor Association.

There have been 2,085 home sales in February.  The median price of an Orlando home is $96,000.