Monday, July 12, 2010

Orlando Real Estate Statics for June 2010

Orlando Regional Realtor Association released the latest in Orlando Real Estate Market Statistics, in the recent article for June 2010. Median price of a home in Orlando inching up to $116,000, while highest month of closed contract in past 12 months, showing a sign of buyers pushing to close by June 30 for tax credit, which had now been extended to September 30.
  • Average Mortgage Rate:  4.84%
  • Inventory of Homes:  16,304
  • New Listings: 4,470
  • New Contracts:  3,736
  • Under Contract: 9,625
  • Back on Market: 1,343
  • Expired:  743
  • Withdrawn:  1,294
  • Sales Closed:  2,834
  • Average Days on Market: 85