December 2012

ORRA
Originated
Sales

Active
Total
Average
With
Inventory
Mtg Rate
Contract
**

New
New
Under
Listings Contracts Contract

Nov '11

4.10% 10,136

656

3,045

2,887

8,909

748

246

659

2,027 * 99

Dec '11

3.99%

9,732

679

2,641

2,800

8,095

761

609

779

2,213 * 102 *

Jan '12

4.01%

9,258

732

3,318

3,375

8,709

816

275

845

1,731 * 96

Feb '12

3.92%

9,253

811

3,323

3,475

9,348

658

244

694

1,975 * 94

Mar '12

3.99%

8,666

849

3,386

3,805

9,748

674

276

716

2,435 * 97

Apr '12

4.03%

8,642

931

3,432

3,497

10,078

678

286

679

2,463 * 87

May '12

3.89%

8,243

956

3,471

3,675

10,291

717

261

653

2,469 * 85

Jun '12

3.80%

8,136

996

3,214

3,289

9,963

705

273

732

2,614 * 85

Jul '12

3.78%

8,106

979

3,409

3,281

9,704

773

245

846

2,460 * 82

Aug '12

3.78%

8,128

1,053

3,459

3,393

9,362

717

271

821

2,702 * 79

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

2,430

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Expired Withdrawn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Expired Withdrawn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

83
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.orlrealtor.com. 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.

Nov '12

Oct '12

Sept '12

Aug '12

Jul '12

Closed Sales

Jun '12

May '12

Apr '12

Mar '12

Feb '12

Jan '12

Dec '11

Nov '11

Oct '11

Sept '11

Aug '11

Jul '11

6,000

Jun '11

May '11

Apr '11

Mar '11

Feb '11

Jan '11

Dec '10

Nov '10

Units
12,000

10,000
10

8,000
8

Months of Inventory
6

New Contracts

4,000
4

2,000
2

New Listings

0
0

Months of Inventory

December 2012

Two-year Running Recap

12

Total Pendings

December 2012

Average Monthly Mortgage Rate

5.50%

2010

2011

5.25%

2012

2007

5.00%

2008
2009

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

Jan

Feb

Mar

Apr
p

May
y

Jun

Jul

Aug
g

Sep
p

Oct

Nov

Dec

2010

5.05%

4.96%

4.99%

5.12%

4.89%

4.84%

4.67%

4.61%

4.46%

4.28%

4.48%

4.92%

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%

Three-year History - Average Monthly Mortgage Rate

5.30%
5.10%
4.90%
4.70%
4.50%
4.30%
4.10%
3.90%
3.70%
3.50%

Oct '12

Nov '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

Feb '11

Jan '11

Dec '10

Nov '10

Oct '10

Sept '10

Jul '10

Aug '10

Jun '10

Apr '10

May '10

Mar '10

Feb '10

Jan '10

Dec '09

Nov '09

3.30%

December 2012

New Listings
6,500

2010

2011

6,000

2012

5,500
5,000
4,500
4,000
3,500
3,000
2,500
2,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2010

4,279

4,586

5,282

5,116

4,304

4,470

4,388

4,146

3,984

3,650

3,346

3,444

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

Three-year History - New Listings

5,500

5,000

4,500

4,000

3,500

3,000

Nov '12

Oct '12

Aug '12

Sept '12

Jul '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

May '11

Apr '11

Mar '11

Feb '11

Jan '11

Dec '10

Oct '10

Nov '10

Aug '10

Sept '10

Jul '10

Jun '10

May '10

Apr '10

Mar '10

Jan '10

Feb '10

Dec '09

Nov '09

2,500

December 2012

Inventory
19,000

17,000

2010
2006

2011
2012
2007
2008

15,000

13,000

11,000

9,000

7,000

5,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2010

15,911

16,051

16,223

15,766

15,963

16,304

16,563

16,535

16,359

15,441

15,192

14,993

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

Three-year History - Inventory

18,000

16,000

14,000

12,000

10,000

8,000

Nov '12

Oct '12

Aug '12

Sept '12

Jul '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

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Aug '10

Sept '10

Jul '10

Jun '10

Apr '10

May '10

Mar '10

Jan '10

Feb '10

Dec '09

Nov '09

6,000

December 2012

New Contracts - Monthly

7,000

2010

2011

6,000

2012

5,000

4,000

3,000

2,000

1,000

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2010

3,579

4,043

4,662

5,221

3,669

3,736

3,793

3,892

3,654

3,466

3,243

3,196

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

Three-year History - New Contracts

6,000

5,500

5,000

4,500

4,000

3,500

3,000

2,500

Nov '12

Oct '12

Sept '12

Jul '12

Aug '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

Jan '11

Feb '11

Dec '10

Oct '10

Nov '10

Aug '10

Sept '10

Jul '10

Jun '10

Apr '10

May '10

Mar '10

Jan '10

Feb '10

Dec '09

Nov '09

2,000

December 2012

Total Under Contract

12,000

11,000

2010
2006
2011
2007
2012
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

2010

8,590

9,462

10,179

10,832

2011

8,777

9,223

9,510

9,955

10,351

9,625

9,133

8,945

8,713

8,817

8,998

8,363

10,210

10,087

9,869

9,502

9,369

8,937

8,909

2012

8,709

9,348

9,748

10,078

8,095

10,291

9,963

9,704

9,362

9,268

9,252

8,847

Three-year History - Monthly Total Under Contract

11,500

11,000

10,500

10,000

9,500

9,000

8,500

8,000

Nov '12

Oct '12

Aug '12

Sept '12

Jul '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

Jan '11

Feb '11

Dec '10

Nov '10

Oct '10

Aug '10

Sept '10

Jul '10

Jun '10

Apr '10

May '10

Mar '10

Jan '10

Feb '10

Dec '09

Nov '09

7,500

December 2012

Units off the Market - Withdrawn or Expired

2,500

2010
2011
2006
2012
2007
2008
2,000

1,500

1,000

500

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2010

1,739

1,665

1,913

2,119

1,740

2,037

1,891

1,898

1,938

2,030

1,713

2,228

2011

1,675

1,517

1,602

1,619

1,265

1,333

1,169

1,161

1,232

1,182

905

1,388

2012

1,120

938

992

965

914

1,005

1,091

1,092

900

919

930

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

Nov '12

Oct '12

Sept '12

Jul '12

Aug '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

Jan '11

Feb '11

Dec '10

Oct '10

Nov '10

Aug '10

Sept '10

Jul '10

Jun '10

Apr '10

May '10

Mar '10

Jan '10

Feb '10

Dec '09

Nov '09

700

December 2012

Thousands

Average vs Median Sales Price vs Sales

$300

2,900

$250

2,500

$200

2,100

$150

1,700

$100

1,300

$50

900

$0

Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
'11
'11
'12
'12
'12
'12
'12
'12
'12
'12
'12
'12
'12
$115.0 $119.0 $108.0 $111.0 $115.0 $117.0 $120.0 $125.0 $126.0 $120.3 $124.9 $122.5 $129.0

Median

500

Average $153.9 $172.5 $140.6 $152.9 $153.1 $159.7 $159.9 $165.0 $165.0 $160.5 $163.3 $159.2 $165.4
Sales

2,027

2,213

1,731

1,975

2,435

2,436

2,469

2,614

2,460

2,702

2,296

2,582

2,430

Total Contracts vs New Contracts vs Sales

12,000

10,000

8,000

6,000

4,000

2,000

Total

Nov
'11
8,909

New
Sales

8,095

8,709

9,348

9,748

May
Jun '12 Jul '12
'12
10,078 10,291 9,963
9,704

2,887

2,800

3,375

3,475

3,805

3,497

3,675

3,289

3,281

3,393

2,027

2,213

1,731

1,975

2,435

2,436

2,469

2,614

2,460

2,702

Dec '11 Jan '12 Feb '12 Mar '12 Apr '12

Aug
'12
9,362

Sept
'12
9,268

9,252

Nov
'12
8,847

3,104

3,253

2,936

2,296

2,582

2,430

Oct '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

Aug '10

Jul '10

Jun '10

May '10

Apr '10

Mar '10

Feb '10

Jan '10

Dec '09

Nov '09

Days

December 2012

Average Days - Contract to Close

75

70

65

60

55

50

45

40