|
A seller's market still prevails in Orlando, as our April numbers attest. We see tremendous jumps in Sales Pending from last year at this time (up almost 1,000), increased Sales Closed, far less Expirations, and a large drop in Inventory. As interest rates and the median price (about $160,000) continue to slowly rise, inventory should follow suit. |
|
|
Orange & Seminole Counties*
|
Avg. Mtg. Rate |
Inventory |
New
Listings |
Sales
Pending |
Back on Market |
Expired |
Withdrawn |
Sales
Closed
|
Avg. Days on Market
|
|
Apr.03
|
5.95%
|
7,561
|
2,942
|
2,413
|
442
|
397
|
758
|
1,655
|
63
|
|
May.03
|
5.85%
|
7,610
|
3,293
|
2,412
|
411
|
326
|
728
|
1,706
|
62
|
|
June.03
|
5.54%
|
7,448
|
2,768
|
1,847
|
838
|
290
|
647
|
1,769
|
58
|
|
July.03
|
5.73%
|
7,267
|
3,531
|
2,598
|
421
|
325
|
779
|
2,002
|
60
|
|
Aug.03
|
6.78%
|
7,213
|
3,238
|
2,321
|
505
|
365
|
748
|
1,903
|
60
|
|
Sept.03
|
6.64%
|
7,247
|
3,095
|
2,108
|
305
|
353
|
731
|
1,859
|
59
|
|
Oct.03
|
6.29% |
7,308
|
3,276
|
2,151
|
489
|
304
|
761
|
1,906
|
59
|
|
Nov.03
|
6.23% |
6,973
|
3,266
|
2,424
|
236
|
269
|
777
|
2,254
|
60
|
|
Dec.03
|
5.38% |
6,522
|
2,280
|
1,992
|
307
|
474
|
585
|
2,082
|
61
|
|
Jan.04
|
5.38% |
6,605
|
3,403
|
2,619
|
306
|
305
|
682
|
1,512
|
66
|
|
Feb.04
|
5.45%
|
6,182
|
2,918
|
2,632
|
363
|
326
|
659
|
1,405
|
61
|
|
Mar.04
|
5.25% |
5,634
|
3,444
|
3,387
|
372
|
268
|
696
|
2,081
|
59
|
|
Apr.04
|
6.04% |
4,995
|
3,212
|
3,403
|
391
|
197
|
696
|
2,036
|
57
|
* Based on Hotsheet reports and have not been purged. Truer figures may be found under Housing Statistics at orlrealtor.com
|
|
|
|
|
|
|
|
|
| Membership |
April 2004 |
April 2003 |
Unemployment Rate |
Orlando MSA |
| ORRA |
7,289 |
5,876 |
March 2004 |
4.4% |
| CFCRES |
301 |
330 |
March 2003 |
4.9% |
| Affiliates |
569 |
504 |
|
| Applicants |
357 |
207 |
|
|
