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Southern Realty Enterprises, Inc.

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March 2007 monthly update on Real Estate trends and conditions in the Central Florida area.

We are moving into the Spring months with a strong buyer's market for Central Florida Real Estate. Decreased interest rates at the start of the year coupled with an increased inventory of over a third from March of 2006 should encourage buyers to be in a good position for the upcoming summer buying period.

Prior month's information

 

Orange &
Seminole Counties

March 2006
6.17%
14,559
7,112
3,322
-
369
719
1,700
2,878*
50*
April 2006
6.27%
16,036
6,574
3,050
-
305
721
1,613
2,467*
53*
May 2006
6.39%
18,179
6,967
2,859
-
408
790
2,134
2,842*
56*
June 2006
6.45%
18,437
7,111
2,727
-
448
1,028
2,430
2,841*
57*
July 2006
6.53%
19,827
6,862
2,505
-
364
1,066
2,353
2,361*
61*
August 2006
6.20%
21,077
7,039
2,439
-
443
1,230
2,686
2,249*
62*
September 2006
6.09%
20,319
6,297
2,182
-
416
1,507
2,434
2,054*
67*
October 2006
6.05%
21,324
6,119
2,602
3,186
371
1,467
2,668
1,896*
73*
November 2006
6.10%
21,122
5,160
2,319
2,952
365
1,397
2,341
1,840*
74*
December 2006
5.74%
19,537
3,840
2,012
2,557
324
2,320
1,696
1,945*
78*
January 2007
5.91%
21,266
6,630
2,409
2,504
362
1,426
1,922
1,469*
90*
February 2007
5.92%
22,055
5,566
2,387
3,096
302
1,236
1,775
1,541*
91*
March 2007
5.83%
23,547
6,426
2,434
2,893
480
1,431
1,970
1,665
90

* Monthly revised sales. Complete stats and data 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