Friday, March 09, 2007

Orlando Real Estate Februrary 2007 Statistics

Here are the latest February statistics in Orlando Real Estate by Orlando Regional Realtor Association. Inventory slightly increased from January, but mortage rates remaining steady. Contracts pending longer, and homes on market longer. Sales slightly down from January.
  • Average Mortgage Rate: 5.92%
  • Inventory of Homes: 22,055
  • New Listings: 5,556
  • New Contracts: 2,387
  • Under Contract: 3,096
  • Back on Market: 302
  • Expired Listings: 1,236
  • Withdrawn: 1,775
  • Sales Closed: 1,386
  • Average Days on Market: 92
Please click on link for historical data, and graphical information.
http://www.orlrealtor.com/Pages/marketpulse/Market_Pulse_3_07.pdf