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October 2005 monthly update on Real Estate trends
and conditions in the Central Florida area.
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.
Prior month's information
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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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Orange & Seminole Counties
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September 2004
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5.73%
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3,938
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1,850
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1,634
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230
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165
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446
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1,587
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39
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October 2004
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5.68%
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3,815
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2,614
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2,242
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198
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152
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482
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1,763
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44
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November 2004
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5.69%
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3,681
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2,755
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2,454
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214
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149
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450
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1,897
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42
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December 2004
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5.53%
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3,395
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2,186
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2,046
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184
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180
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411
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2,185
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41
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January 2005
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5.55%
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3,317
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2,970
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2,772
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143
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157
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481
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1,695*
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46
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February 2005
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5.49%
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3,141
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2,397
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2,831
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149
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95
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410
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1,988*
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41
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March 2005
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5.25%
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2,956
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3,147
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3,161
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183
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115
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442
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2,529*
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37
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April 2005
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5.29%
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2,947
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3,314
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3,362
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165
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129
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423
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2,557*
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37
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May 2005
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5.12%
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3,253
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3,721
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3,055
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81
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92
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461
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2,806*
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30
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June 2005
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5.43%
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3,710
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3,948
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3,177
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262
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143
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543
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3,119*
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29
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July 2005
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5.55%
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4,473
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4,188
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3,237
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229
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158
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536
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2,547
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27
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August 2005
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5.32%
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5,532
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5,037
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3,584
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245
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140
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725
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2,909
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27
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September 2005
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5.62%
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6,786
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5,008
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3,090
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324
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240
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845
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2,752
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29
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* Quarterly revised sales. Complete stats and data may be
found under Housing Statistics at
orlrealtor.com
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