April 2014

Active
Total
Average
With
Inventory
Mtg Rate
Contract
**

New
New
Under
Listings Contracts Contract

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 * 81

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

Sept '13

4.49%

9,127

830

3,588

2,767

7,224

743

305

742

2,444 * 68

Oct '13

4.28%

9,470

727

3,942

3,106

7,099

749

298

779

2,384 * 64

Nov '13

4.36%

9,609

702

3,109

2,578

6,520

664

275

797

2,130 * 67

Dec '13

4.57%

9,421

524

2,833

2,353

6,026

693

586

787

2,443 * 70

Jan '14

4.47%

9,927

518

3,931

3,089

6,460

741

323

857

1,889 * 73

Feb '14

4.37% 10,184

504

3,982

3,232

7,085

732

303

774

1,997 * 76

Mar '14

4.43% 10,343

526

4,406

3,659

7,530

812

330

906

2,342

ORRA
Originated
Sales

Total
Active
Average
Inventory
With
Mtg Rate
**
Contract

ORRA
Originated
Sales

New
New
Under
Listings Contracts Contract

Back on
Expired Withdrawn
Market

Back on
Expired Withdrawn
Market

Sales
Closed

Sales
Closed

Days on
Market

76
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.

Mar '14

Feb '14

Jan '14

Dec '13

Nov '13

Closed Sales

Oct '13

Sept '13

Aug '13

Jul '13

Jun '13

May '13

Apr '13

Mar '13

Feb '13

Jan '13

Dec '12

Two-year Running Recap

10,000
10

8,000
8

Months of Inventory
6

New Contracts

4,000
4

2,000
2

New Listings
0

Months of Inventory

12,000

Nov '12

Oct '12

Sept '12

Aug '12

Jul '12

6,000

Jun '12

May '12

Apr '12

Mar '12

Units

April 2014

12

Total Pendings

April 2014

Average Monthly Mortgage Rate

5.50%
5.25%

2012

2013

2014

5.00%
4.75%
4.50%
4.25%
4.00%
3.75%
3.50%
3.25%
3.00%
2.75%

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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%

4.28%

4.36%

4.57%

2014

4.47%

4.37%

4.43%

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%

Mar '14

Feb '14

Jan '14

Dec '13

Nov '13

Oct '13

Sept '13

Jul '13

Aug '13

Jun '13

Apr '13

May '13

Mar '13

Jan '13

Feb '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

Aug '11

Sept '11

Jun '11

Jul '11

Apr '11

May '11

Mar '11

2.75%

April 2014

New Listings
5,500

2012
5,000

2013

2014

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

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

3,942

3,109

2,833

2014

3,931

3,982

4,406

Three-year History - New Listings

4,800

4,400

4,000

3,600

3,200

2,800

2,400

Mar '14

Feb '14

Jan '14

Dec '13

Oct '13

Nov '13

Aug '13

Sept '13

Jul '13

Jun '13

May '13

Apr '13

Mar '13

Jan '13

Feb '13

Dec '12

Nov '12

Oct '12

Aug '12

Sept '12

Jul '12

Jun '12

Apr '12

May '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

2,000

April 2014

Inventory

17,000

2012
15,000

2006

2013

2007

2014

2008

13,000

11,000

9,000

7,000

5,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

9,470

9,609

9,421

2014

9,927

10,184

10,343

Three-year History - Inventory

15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000

Mar '14

Jan '14

Feb '14

Dec '13

Nov '13

Oct '13

Aug '13

Sept '13

Jul '13

Jun '13

Apr '13

May '13

Mar '13

Jan '13

Feb '13

Dec '12

Oct '12

Nov '12

Aug '12

Sept '12

Jul '12

Jun '12

May '12

Apr '12

Mar '12

Jan '12

Feb '12

Dec '11

Oct '11

Nov '11

Aug '11

Sept '11

Jul '11

Jun '11

May '11

Apr '11

Mar '11

6,000

April 2014

6,000

New Contracts - Monthly

2012

2013

2014

5,000

4,000

3,000

2,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

3,106

2,578

2,353

2014

3,089

3,232

3,659

May '13

Aug '13

1,000

Three-year History - New Contracts

5,000

4,500

4,000

3,500

3,000

2,500

Mar '14

Jan '14

Feb '14

Dec '13

Nov '13

Oct '13

Sept '13

Jul '13

Jun '13

Apr '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

Feb '12

Jan '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jul '11

Jun '11

Apr '11

May '11

Mar '11

2,000

April 2014

Total Under Contract

12,000

11,000

2012
2006

2013

2014

2007 2008

10,000

9,000

8,000

7,000

6,000

5,000

2012

Jan
8,709

Feb
9,348

Mar
9,748

Apr
10,078

May
10,291

Jun
9,963

Jul
9,704

Aug
9,362

Sep
9,268

Oct
9,252

Nov
8,847

Dec
7,883

2013

8,432

8,825

8,799

8,785

8,631

8,441

7,990

7,519

7,224

7,099

6,520

6,026

2014

6,460

7,085

7,530

Three-year History - Monthly Total Under Contract

11,500

10,500

9,500

8,500

7,500

6,500

Mar '14

Jan '14

Feb '14

Dec '13

Oct '13

Nov '13

Sept '13

Jul '13

Aug '13

Jun '13

May '13

Apr '13

Mar '13

Jan '13

Feb '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

May '11

Apr '11

Mar '11

5,500

April 2014

Units off the Market - Withdrawn or Expired

2,000

2012

2013

2014

1,750

1,500

1,250

1,000

750

500

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2012

1,120

938

992

965

914

1,005

1,091

1,092

900

2013

949

822

924

926

963

959

981

1,001

1,047

919

930

1,237

1,077

1,072

2014

1,180

1,077

1,236

1,373

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

1,700
1,600
1,500
1,400
1,300
1,200
1,100
1,000
900
800

Mar '14

Jan '14

Feb '14

Dec '13

Oct '13

Nov '13

Aug '13

Sept '13

Jul '13

Jun '13

Apr '13

May '13

Mar '13

Jan '13

Feb '13

Dec '12

Nov '12

Oct '12

Sept '12

Jul '12

Aug '12

Jun '12

Apr '12

May '12

Mar '12

Feb '12

Jan '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jul '11

Jun '11

Apr '11

May '11

Mar '11

700

April 2014

Thousands

Average vs Median Sales Price vs Sales

$300

3,500

$250

3,000

$200

2,500

$150

2,000

$100

1,500

$50

1,000

Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
'13
'13
'13
'13
'13
'13
'13
'13
'13
'13
'14
'14
'14
Median $140.0 $143.7 $145.1 $150.3 $157.0 $155.0 $156.0 $154.0 $155.0 $160.0 $149.5 $158.0 $160.0
Average $189.9 $187.2 $183.0 $197.3 $196.9 $200.8 $193.7 $192.6 $190.1 $201.5 $189.5 $192.6 $209.8
Sales
2,710 2,768 2,984 2,659 2,958 2,900 2,444 2,384 2,130 2,443 1,889 1,997 2,342

Total Contracts vs New Contracts vs Sales

12,000

10,000

8,000

6,000

4,000

2,000

Total
New
Sales

Mar
'13
8,799
3,455
2,710

Apr
'13
8,785
3,435
2,768

May
'13
8,631
3,519
2,984

Jun
'13
8,441
3,191
2,659

Jul
'13
7,990
3,341
2,958

Aug
'13
7,519
3,146
2,900

Sep
'13
7,224
2,767
2,444

Oct
'13
7,099
3,106
2,384

Nov
'13
6,520
2,578
2,130

Dec
'13
6,026
2,353
2,443

Jan
'14
6,460
3,089
1,889

Feb
'14
7,085
3,232
1,997

Mar
'14
7,530
3,659
2,342

Mar '14

Feb '14

Jan '14

Dec '13

Nov '13

Oct '13

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

Days

April 2014

Average Days - Contract to Close

80

75

70

65

60

55

50

45

40