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Real Estate Update

May 2004

By Theresa Johnston, About.com

A seller's market still prevails in Orlando, as April numbers attest. Tremendous jumps can be seen in Sales Pending from last year at this time (up almost 1,000), increased Sales Closed, far less Expirations, and a large drop in Inventory. As interest rates and the median price (about $160,000) continue to slowly rise, inventory should follow suit.
From The Orlando Regional Realtor® Association

For more information on homes for sale in the Central Florida area.

To view graphs for inventory, new listings, ave. mortgage rates and sales pending.

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