|
Home Page
Arts
Attractions
Buyer's Agent
Central Florida
Communities
Maps
Relocation
Roads
Schools
Weather
Forum |
|
November 2004 monthly update on Real Estate trends
and conditions in the Central Florida area.
It appears the Orlando area is beginning to see some of those
closings that were held up due to all the hurricane activity in
August and September finally close. However, we are still 27%
behind last October’s sales figures. Overall, though, 2004 is
still poised to be the best year on record for home sales – not
only in Orlando, but nationwide. After the delays from the
hurricanes play out, the only non-acts of God on the horizon that
threat the housing industry are inflation from the growing federal
deficit and rising oil prices.
Prior month's information
|
|
Orange & Seminole Counties*
|
Avg. Mtg. Rate |
Inventory |
New
Listings |
Sales
Pending |
Back on Market |
Expired |
Withdrawn |
Sales
Closed
|
Avg. Days on Market
|
|
Oct.03
|
6.29% |
7,308
|
3,190
|
2,151
|
489
|
267
|
777
|
2,238
|
59
|
|
Nov.03
|
6.23% |
6,973
|
2,499
|
2,424
|
236
|
254
|
703
|
1,569
|
60
|
|
Dec.03
|
5.38% |
6,522
|
2,227
|
1,992
|
307
|
256
|
588
|
2,235
|
61
|
|
Jan.04
|
5.38% |
6,605
|
3,307
|
2,619
|
306
|
351
|
672
|
1,564
|
66
|
|
Feb.04
|
5.45%
|
6,182
|
2,921
|
2,632
|
363
|
276
|
651
|
1,814
|
61
|
|
Mar.04
|
5.25% |
5,634
|
3,435
|
3,387
|
372
|
256
|
686
|
2,416
|
59
|
|
Apr.04
|
6.04% |
4,995
|
3,166
|
3,403
|
391
|
217
|
696
|
2,361
|
57
|
|
May.04
|
6.31% |
4,650
|
3,277
|
3,348
|
450
|
173
|
628
|
2,490
|
53
|
|
June.04
|
6.31% |
4,360
|
3,193
|
3,142
|
443
|
133
|
663
|
2,952
|
47
|
|
July.04
|
5.88% |
4,128
|
3,196
|
2,565
|
418
|
139
|
643
|
2,805
|
41
|
|
Aug.04
|
5.69% |
3,940
|
2,679
|
2,153
|
359
|
124
|
560
|
2,254
|
39
|
|
Sept.04
|
5.73%
|
3,938
|
1,850
|
1,634
|
230
|
165
|
446
|
1,587
|
39
|
|
Oct.04
|
5.68% |
3,815
|
2,614
|
2,242
|
198
|
152
|
482
|
1,763
|
44
|
|
|
* Based on raw data from the MFRMLS Hotsheet
reports. Refined figures may be found under Housing Statistics at
orlrealtor.com |
|
|
|
|
|
|
|
|
|
|
|
|
|
