November 10, 2009

Members of the Orlando Regional REALTOR Association closed 54.72 percent more homes in October of this year than last, momentum that ORRA Chairman of the Board Kathleen Gallagher-McIver, RE/MAX Town and Country, attributed to people responding to the first-time homebuyer tax credit. 
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ORRA Originated Sales
October 2008
6.30%
24,657
4,289
1,959
3,316
607
1,691
1,675
1,228*
110*
Nov. 2008
6.00%
24,408
3,594
1,644
3,326
566
1,453
1,575
1,110*
108*
Dec. 2008
5.40%
22,524
3,460
1,871
3,265
597
2,707
1,579
1,445*
107*
January 2009
5.28%
22,613
4,340
2,282
3,830
556
1,377
1,598
1,050*
103*
February 2009
5.25%
22,168
3,876
2,434
4,348
599
1,134
1,488
1,322*
100*
March 2009
4.67%
21,448
4,043
2,956
4,906
665
1,290
1,426
1,754*
103*
April 2009
4.86%
20,194
3,715
3,412
5,818
648
1,014
1,339
1,854*
102*
May 2009
4.90%
19,123
3,754
3,455
6,603
690
958
1,300
1,882*
103*
June 2009
5.48%
17,831
3,921
3,686
7,230
797
1,111
1,297
2,220*
104*
July 2009
5.34%
17,231
4,158
3,696
7,713
787
849
1,266
2,299*
101*
August 2009
5.26%
16,361
4,232
3,324 8,237
436
787
1,259
2,190*
94*
Sept. 2009
5.09%
15,967
4,030
3,858
8,790
857
846
1,014
2,292*
96*
October 2009
5.02%
15,743
4,165
3,864
9,050
857
924
646
2,206
98

* Monthly revised sales. Complete stats and data may be found under Housing Statistics at orlrealtor.com.
Comments or suggestions? Contact Mike Blinn, Statistician.

Market Pulse™ data represents all listings taken or sold by ORRA brokers, regardless of location and is exclusive to residential property, which includes townhomes, duplexes, single-family homes, and condos. It does not include vacant land or commercial transactions.



Average Mortgage Rate



 

 







 

Inventory

 


Membership 10-09 10-08
ORRA 9,171 9,630
Affiliates 287 281
Applicants 122 89

 

Unemployment Rate Orlando MSA
September 2009 11.5%
September 2008 6.5%





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