Monday, March 26, 2012

Orlando February 2012 Market Statistics

Orlando is very desireable city to invest or to live. Orlando is having a lower than expected inventory making it harder for buyers to find a good property.  Anything under $200,000 is becoming a sellers market. Mortgage rates are still fabulous.  Orlando Realtor Association statistics for Febuary 2012.


  • Inventory:9,253
  • New Listings: 3,323
  • New Contracts: 3,475
  • Under Contract: 9,348
  • Back on the Market: 658
  • Expired: 244
  • Withdrawn: 694
  • Sales Closed:1,854
  • Days on Market: 96
  • Average Mortgage Rate: 3.92%