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October 2004 monthly update on Real Estate trends
and conditions in the Central Florida area.
Welcome to a new phase in Market Pulse. Instead of releasing
preliminary figures on the first on each month, Market Pulse will
now be released mid-month in order to give you the most accurate
up-to-date figures available. Many month-end closings are not
entered into the MLS until after the first of the month, and
Market Pulse was not able to pick those up. This new process will
allow the statistics on the website and those used by the media
and economic reporting agencies to be in sync.
Prior month's information
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Orange & Seminole Counties*
|
Avg. Mtg. Rate |
Inventory |
New
Listings |
Sales
Pending |
Back on Market |
Expired |
Withdrawn |
Sales
Closed
|
Avg. Days on Market
|
|
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
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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
|
|
May.04
|
6.31% |
4,650
|
3,322
|
3,348
|
450
|
162
|
626
|
2,131
|
53
|
|
June.04
|
6.31% |
4,360
|
3,186
|
3,142
|
443
|
164
|
690
|
2,526
|
47
|
|
July.04
|
5.88% |
4,128
|
3,190
|
2,565
|
418
|
149
|
657
|
2,421
|
41
|
|
Aug.04
|
5.69% |
3,940
|
2,652
|
2,153
|
359
|
139
|
585
|
1,960
|
39
|
|
Sept.04
|
5.73%
|
3,938
|
1,850
|
1,634
|
230
|
165
|
446
|
1,588
|
39
|
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* Based on raw data from the MFRMLS Hotsheet
reports. Refined figures may be found under Housing Statistics at
orlrealtor.com |
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