Wednesday, December 01, 2010

Orlando Market Statistics for October 2010



Orlando Regional Realtor Association has published the Orlando Market Statistics for October 2010.  The median price of a home has remained steady at $105,000 from September.  All data is lower across the board most likely with some effects from foreclosure freeze and seasonal adjustments with less listings, sales, contracts, and inventory.
  • Average Mortgate Rate:  4.28% lowest all year round
  • Inventory:  15,441
  • New Listings:  3,650
  • New Contracts:  3,466
  • Under Contract: 8,817
  • Back on Market: 1,080
  • Expired: 707
  • Withdrawn:  1,323
  • Sales Closed: 1,848
  • Averages Days on Market:  91
To review the entire Orlando Real Estate Statistics Report.