February 2010

 

A record 73.42 percent of closings facilitated by members of the Orlando Regional REALTOR® Association were categorized in January as either bank-owned or short sales, leaving only 26.58 percent worth of normal sales to buoy the area’s overall median price.   > Read the Media Release   > Read the Talking Points



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ORRA Originated Sales
January 2009
5.28%
22,613
4,340
2,282
3,830
556
1,377
1,598
1,050*
103*
February 2009
5.25%
22,168
3,876
2,434
4,348
599
1,134
1,488
1,322*
100*
March 2009
4.67%
21,448
4,043
2,956
4,906
665
1,290
1,426
1,754*
103*
April 2009
4.86%
20,194
3,715
3,412
5,818
648
1,014
1,339
1,854*
102*
May 2009
4.90%
19,123
3,754
3,455
6,603
690
958
1,300
1,882*
103*
June 2009
5.48%
17,831
3,921
3,686
7,230
797
1,111
1,297
2,220*
104*
July 2009
5.34%
17,231
4,158
3,696
7,713
787
849
1,266
2,299*
101*
August 2009
5.26%
16,361
4,232
3,324 8,237
436
787
1,259
2,190*
94*
Sept. 2009
5.09%
15,967
4,030
3,858
8,790
857
846
1,014
2,292*
96*
October 2009
5.02%
15,743
4,165
3,864
9,050
857
924
646
2,319*
92*
Nov. 2009
4.95%
16,002
3,758
3,023
8,633
1,007
636
1,047
2,329*
85*
Dec. 2009
5.03%
15,549
3,485
2,984
8,163
875
1,419
916
2,410*
89*
January 2010
5.05%
15,911
4,279
3,579
8,590
956
691
1,048
1,742
90

* Monthly revised sales. Complete stats and data may be found under Housing Statistics at orlrealtor.com.
Comments or suggestions? Contact Mike Blinn, Statistician.

Market Pulse™ data represents all listings taken or sold by ORRA brokers, regardless of location and is exclusive to residential property, which includes townhomes, duplexes, single-family homes, and condos. It does not include vacant land or commercial transactions.
Average Mortgage Rate
Inventory
Membership 1-10 1-09
ORRA 8,608 8,158
Affiliates 298 273
Applicants 123 92
Unemployment Rate Orlando MSA
December 2009 11.9%
December 2008 7.8%





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