 Interest rates have  up over 5.6% for the first time this year, causing another spike in the inventory available for sale in the Orlando market. Sales, however, have not slowed down as almost more than 2,700 homes changed hands in September. Comparisons to a year ago September are somewhat futile: due to the rash of hurricane activity last summer, only 1,587 homes sold in September 2004. Year–to-date sales are 13% higher than last year.
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|
Orange & Seminole Counties
|
|
 |
 |
 |
 |
 |
 |
|
|
|
September 2004
|
5.73%
|
3,938
|
1,850
|
1,634
|
230
|
165
|
446
|
1,587
|
39
|
|
October 2004
|
5.68%
|
3,815
|
2,614
|
2,242
|
198
|
152
|
482
|
1,763
|
44
|
|
November 2004
|
5.69%
|
3,681
|
2,755
|
2,454
|
214
|
149
|
450
|
1,897
|
42
|
|
December 2004
|
5.53%
|
3,395
|
2,186
|
2,046
|
184
|
180
|
411
|
2,185
|
41
|
|
January 2005
|
5.55%
|
3,317
|
2,970
|
2,772
|
143
|
157
|
481
|
1,695*
|
46
|
|
February 2005
|
5.49%
|
3,141
|
2,397
|
2,831
|
149
|
95
|
410
|
1,988*
|
41
|
|
March 2005
|
5.25%
|
2,956
|
3,147
|
3,161
|
183
|
115
|
442
|
2,529*
|
37
|
|
April 2005
|
5.29%
|
2,947
|
3,314
|
3,362
|
165
|
129
|
423
|
2,557*
|
37
|
|
May 2005
|
5.12%
|
3,253
|
3,721
|
3,055
|
81
|
92
|
461
|
2,806*
|
30
|
|
June 2005
|
5.43%
|
3,710
|
3,948
|
3,177
|
262
|
143
|
543
|
3,119*
|
29
|
|
July 2005
|
5.55%
|
4,473
|
4,188
|
3,237
|
229
|
158
|
536
|
2,547
|
27
|
|
August 2005
|
5.32%
|
5,532
|
5,037
|
3,584
|
245
|
140
|
725
|
2,909
|
27
|
|
September 2005
|
5.62%
|
6,786
|
5,008
|
3,090
|
324
|
240
|
845
|
2,752
|
29
|
* Quarterly revised sales. Complete stats and data may be found under Housing Statistics at orlrealtor.com
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