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Office 
407-869-0033 ext.285
Southern Realty Enterprises, Inc.

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May 2006 monthly update on Real Estate trends and conditions in the Central Florida area.

Inventory is still increasing at a phenomenal rate, over five times what it was for April of 2005.  Sales closed and pending has actually dropped from 2005.  Days on the market has remained relatively constant for the last several months.  Shorter listings periods combined with increased inventory and reduced sales are allowing a greater number of listings to expire before selling.

Prior month's information

Orange &
Seminole Counties

April 2005
5.29%
2,947
3,314
3,362
165
129
423
2,557
37
May 2005
5.12%
3,253
3,721
3,055
81
92
461
2,806
30
June 2005
5.43%
3,710
3,948
3,177
262
143
543
3,119
29
July 2005
5.55%
4,473
4,188
3,237
229
158
536
2,547
27
Aug. 2005
5.32%
5,532
5,037
3,584
245
140
725
2,909
27
Sept. 2005
5.62%
6,786
5,008
3,090
324
240
845
2,752
29
Oct. 2005
5.95%
8,992
5,092
2,988
343
268
1,047
2,280
33
Nov. 2005
5.94%
9,685
4,998
2,571
290
358
968
2,336
35
Dec. 2005
6.10%
9,928
4,164
2,478
259
666
919
2,477
37
Jan. 2006
5.77%
12,015
6,172
2,835
317
532
1,261
1,917*
47
Feb. 2006
6.07%
12,966
5,572
2,746
301
569
1,342
2,269*
49
March 2006
6.17%
14,559
7,112
3,322
369
719
1,700
2,781
50
April 2006
6.27%
16,036
6,574
3,050
305
721
1,613
2,407
49

* Based on raw data from the MFRMLS Hotsheet reports. Refined figures may be found under Housing Statistics at orlrealtor.com

 
 
 

Theresa Johnston  

Cell
407-617-9068
Office
407-869-0033 ext.285
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Southern Realty Enterprises, Inc
2648 State Road 434 West
Longwood, FL  32779