Monday, December 14, 2009

November Market Statistics for Orlando Real Estate

Orlando Real Estate market is turning around, if you have not bought yet, you need to.  Overall , interest rates the lowest, inventory decreasing, days on market decreasing, and number of homes unders contract going up.
  • Average Mortgage Rate:  4.95%
  • Inventory of homes: 16,002
  • New Listings:  3,758
  • New Contracts:  3,028
  • Under Contract:  8,633
  • Back on Market: 1007
  • Expired Listing: 636
  • Withdrawn: 1047
  • Sales Closed:  2,238
  • Average Days on Market:  86
To review historical months click here.