October 2013

ORRA
Originated
Sales

Active
Total
Average
With
Inventory
Mtg Rate
Contract
**

New
New
Under
Listings Contracts Contract

Sept '12

3.58%

8,073

985

3,086

3,104

9,268

648

239

661

2,296 * 84

Oct '12

3.49%

8,094

995

3,332

3,253

9,252

741

196

723

2,582 * 79

Nov '12

3.47%

7,847

954

2,890

2,936

8,847

650

255

675

2,560 * 82

Dec '12

3.46%

7,384

862

2,278

2,497

7,883

654

549

688

2,505 * 80

Jan '13

3.44%

7,336

901

3,361

3,314

8,432

629

257

692

2,015 * 80

Feb '13

3.21%

7,183

963

3,213

3,250

8,825

569

231

591

2,317 * 84

Mar '13

3.65%

6,937

951

3,446

3,455

8,799

538

257

667

2,710 * 79

Apr '13

3.49%

7,202

938

3,852

3,435

8,785

685

253

673

2,768 * 76

May '13

3.64%

7,272

955

3,841

3,519

8,631

653

218

745

2,984 * 69

Jun '13

4.25%

7,616

1,004

3,732

3,191

8,441

676

245

714

2,659 * 68

Jul '13

4.51%

8,099

911

4,015

3,341

7,990

717

250

731

2,958 * 63

Aug '13

4.64%

8,576

874

3,922

3,146

7,519

722

249

752

2,900 * 67

Sep '13

4.49%

9,127

830

3,588

2,767

7,224

743

305

742

2,404

ORRA
Originated
Sales

Total
Active
Average
Inventory
With
Mtg Rate
**
Contract

New
New
Under
Listings Contracts Contract

Back on
Expired Withdrawn
Market

Back on
Expired Withdrawn
Market

Sales
Closed

Sales
Closed

Days on
Market

67
Days on
Market

* Corrected monthly sales

** Includes listings with a status of "Active with Contract"
Complete stats and data may be found under Market Info at www.orlandorealtors.org. Comments or suggestions? Contact Mike Blinn,
Statistician.
Market Pulse data represents all listings taken or sold by ORRA brokers, regardless of location and is exclusive to residential property,
which includes townhomes, duplexes, single-family homes, and condos. It does not include vacant land or commercial transactions.

Sept '13

Aug '13

Jul '13

Jun '13

May '13

Closed Sales

Apr '13

Mar '13

Feb '13

Jan '13

Dec '12

Nov '12

Oct '12

Sept '12

Aug '12

Jul '12

Jun '12

May '12

Apr '12

Mar '12

Feb '12

Jan '12

Dec '11

Nov '11

Oct '11

Sept '11

Units
12,000

10,000
10

8,000
8

6,000

Months of Inventory
6

New Contracts

4,000
4

2,000
2

New Listings

0
0

Months of Inventory

October 2013

Two-year Running Recap

12

Total Pendings

October 2013

Average Monthly Mortgage Rate

5.50%
5.25%

2011

2012

2013

2007

5.00%

2008
2009

4.75%
4.50%
4.25%
4.00%
3.75%
3.50%
3.25%
3.00%
2.75%

Jan

Feb

Mar

Apr
p

May
y

Jun

Jul

Aug
g

Sep
p

Oct

Nov

Dec

2011

4.84%

4.88%

4.91%

4.89%

4.66%

4.56%

4.53%

4.26%

4.19%

4.21%

4.10%

3.99%

2012

4.01%

3.92%

3.99%

4.03%

3.89%

3.80%

3.78%

3.78%

3.58%

3.49%

3.47%

3.46%

2013

3.44%

3.21%

3.65%

3.49%

3.64%

4.25%

4.51%

4.64%

4.49%

Three-year History - Average Monthly Mortgage Rate

5.25%
5.00%
4.75%
4.50%
4.25%
4.00%
3.75%
3.50%
3.25%
3.00%

Sept '13

Jul '13

Aug '13

Jun '13

May '13

Apr '13

Mar '13

Feb '13

Jan '13

Dec '12

Oct '12

Nov '12

Sept '12

Jul '12

Aug '12

Jun '12

May '12

Apr '12

Mar '12

Feb '12

Jan '12

Dec '11

Oct '11

Nov '11

Sept '11

Aug '11

Jul '11

Jun '11

May '11

Apr '11

Mar '11

Feb '11

Jan '11

Dec '10

Oct '10

Nov '10

Sept '10

2.75%

October 2013

New Listings
5,000

2011

2012

2013

4,500

4,000

3,500

3,000

2,500

2,000

1,500

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2011

3,478

3,202

4,152

3,391

3,145

3,204

2,912

3,264

3,193

2,997

3,045

2,641

2012

3,318

3,323

3,386

3,432

3,471

3,214

3,409

3,459

3,086

3,332

2,890

2,278

2013

3,361

3,213

3,446

3,852

3,841

3,732

4,015

3,922

3,588

Three-year History - New Listings

4,800

4,400

4,000

3,600

3,200

2,800

2,400

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Feb '13

Jan '13

Dec '12

Oct '12

Nov '12

Sept '12

Jul '12

Aug '12

Jun '12

May '12

Apr '12

Mar '12

Jan '12

Feb '12

Dec '11

Oct '11

Nov '11

Aug '11

Sept '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Sept '10

2,000

October 2013

Inventory
17,000

15,000

2011
2012
2006
2013
2007
2008

13,000

11,000

9,000

7,000

5,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2011

14,398

13,480

12,533

11,480

10,969

10,559

10,349

10,055

9,931

9,973

10,136

9,732

2012

9,258

9,253

8,666

8,642

8,243

8,136

8,106

8,128

8,073

8,094

7,847

7,384

2013

7,336

7,183

6,937

7,202

7,272

7,616

8,099

8,576

9,127

Three-year History - Inventory

18,000

16,000

14,000

12,000

10,000

8,000

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Feb '13

Jan '13

Dec '12

Nov '12

Oct '12

Sept '12

Jul '12

Aug '12

Jun '12

Apr '12

May '12

Mar '12

Jan '12

Feb '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Sept '10

6,000

October 2013

New Contracts - Monthly

6,000

2011

2012

2013

5,000

4,000

3,000

2,000

1,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2011

3,747

3,777

4,526

4,156

3,678

3,680

3,244

3,466

3,304

3,084

2,887

2,800

2012

3,375

3,475

3,805

3,497

3,675

3,289

3,281

3,393

3,104

3,253

2,936

2,497

2013

3,314

3,250

3,455

3,435

3,519

3,191

3,341

3,146

2,767

Three-year History - New Contracts

5,000

4,500

4,000

3,500

3,000

2,500

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Feb '13

Jan '13

Dec '12

Oct '12

Nov '12

Sept '12

Jul '12

Aug '12

Jun '12

May '12

Apr '12

Mar '12

Jan '12

Feb '12

Dec '11

Oct '11

Nov '11

Aug '11

Sept '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Sept '10

2,000

October 2013

Total Under Contract

12,000

11,000

2011
2006
2012
2007
2013
2008

10,000

9,000

8,000

7,000

6,000
,

J
Jan

F b
Feb

M
Mar

A
Apr

M
May

J
Jun

J l
Jul

A
Aug

S
Sep

O t
Oct

N
Nov

D
Dec

2011

8,777

9,223

9,510

2012

8,709

9,348

9,748

9,955

10,210

10,087

9,869

9,502

9,369

8,937

8,909

8,095

10,078

10,291

9,963

9,704

9,362

9,268

9,252

8,847

2013

8,432

8,825

8,799

8,785

7,883

8,631

8,441

7,990

7,519

7,224

Three-year History - Monthly Total Under Contract

11,000

10,500

10,000

9,500

9,000

8,500

8,000

7,500

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Feb '13

Jan '13

Dec '12

Nov '12

Oct '12

Sept '12

Jul '12

Aug '12

Jun '12

Apr '12

May '12

Mar '12

Jan '12

Feb '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Sept '10

7,000

October 2013

Units off the Market - Withdrawn or Expired

2,000

2011

2012

1,750

2013

1,500

1,250

1,000

750

500

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

2011

1,675

1,517

1,602

1,619

1,265

1,333

2012

1,120

938

992

965

914

1,005

2013

949

822

924

926

963

959

981

Nov

Dec

1,169

1,161

1,232

1,182

905

1,388

1,091

1,092

900

919

930

1,237

1,001

1,047

Three-year History - Units off the Market - Withdrawn or Expired

2,500
2,300
2,100
1,900
1,700
1,500
1,300
1,100
900

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Feb '13

Jan '13

Dec '12

Oct '12

Nov '12

Sept '12

Jul '12

Aug '12

Jun '12

May '12

Apr '12

Mar '12

Jan '12

Feb '12

Dec '11

Oct '11

Nov '11

Aug '11

Sept '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Sept '10

700

October 2013

Thousands

Average vs Median Sales Price vs Sales

$300

3,500

$250

3,000

$200

2,500

$150

2,000

$100

1,500

$50

Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
'12
'12
'12
'12
'13
'13
'13
'13
'13
'13
'13
'13
'13
$124.9 $122.5 $128.0 $132.5 $127.0 $133.0 $140.0 $143.7 $145.1 $150.3 $157.0 $155.0 $155.5

Median

1,000

Average $163.3 $159.2 $164.0 $172.9 $167.1 $172.7 $189.9 $187.2 $183.0 $197.3 $196.9 $200.8 $193.3
Sales
2,296 2,582 2,560 2,505 2,015 2,317 2,710 2,768 2,984 2,659 2,958 2,900 2,404

Total Contracts vs New Contracts vs Sales

12,000

10,000

8,000

6,000

4,000

2,000

Total

Sep
'12
9,268

Oct
'12
9,252

Nov
'12
8,847

Dec
'12
7,883

Jan
'13
8,432

Feb
'13
8,825

Mar
'13
8,799

Apr
'13
8,785

May
'13
8,631

Jun
'13
8,441

Jul
'13
7,990

Aug
'13
7,519

Sep
'13
7,224

New

3,104

3,253

2,936

2,497

3,314

3,250

3,455

3,435

3,519

3,191

3,341

3,146

2,767

Sales

2,296

2,582

2,560

2,505

2,015

2,317

2,710

2,768

2,984

2,659

2,958

2,900

2,404

Sept '13

Aug '13

Jul '13

Jun '13

May '13

Apr '13

Mar '13

Feb '13

Jan '13

Dec '12

Nov '12

Oct '12

Sept '12

Aug '12

Jul '12

Jun '12

May '12

Apr '12

Mar '12

Feb '12

Jan '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jul '11

Jun '11

May '11

Apr '11

Mar '11

Feb '11

Jan '11

Dec '10

Nov '10

Oct '10

Sept '10

Days

October 2013

Average Days - Contract to Close

75

70

65

60

55

50

45