Florida Real Estate Market

A weekly national average of 30-year fixed rates offered by lenders, published by Freddie Mac. It is an average across the country, not a quote: your own rate depends on credit, down payment, loan type, property and the day you lock.

A house price index measures how much prices have changed over time relative to a base period, using repeat transactions of the same properties. It is not an average price and not a listing price: a value of 800 means prices are eight times the 1980 base, nothing about what a house costs today.

The same repeat-transaction methodology as the Florida index, calculated for the Orlando-Kissimmee-Sanford metro area. Because the base period is different, the Florida and Orlando index numbers cannot be compared against each other, only each series against its own history.

How many homes were actively listed for sale in the metro during the month. It is a snapshot of available supply, it does not say how many sold, and it does not include homes already under contract.

Homes that entered the market during the month. It shows how much fresh supply sellers are bringing in, which is different from how much total supply is sitting available.

Listings with an accepted contract that have not closed yet. It is the closest read on current demand activity in these series, though not every pending contract reaches closing.

How many active listings had their asking price reduced during the month. It reflects seller behaviour, not the final negotiated price of a sale.

The midpoint of how long listings stayed on the market that month: half were listed for less time, half for more. It measures pace, not price, and it is a median, a few very slow listings do not distort it.

The midpoint asking price of homes listed in the metro that month. It is what sellers are asking, not what buyers paid, and it moves with the mix of what happens to be on the market, bigger homes listed one month can lift it without any individual price rising.

Asking price divided by interior area, at the midpoint. Because it adjusts for size, it is often a steadier read than the median listing price when the mix of homes on the market changes.

New privately-owned housing structures authorized by building permits in the metro that month, as counted by the U.S. Census Bureau. A permit is an authorization to build, not a completed home, not a sale, and not a guarantee that construction started.

Annual Census Bureau estimate of residents in the Orlando-Kissimmee-Sanford metro area. Published once a year, so it describes a long trend rather than current conditions.

The number of nonfarm payroll jobs in the metro area, seasonally adjusted, from the Bureau of Labor Statistics. It counts jobs located here, not residents who hold them.

The share of the metro labor force actively looking for work, not seasonally adjusted. It is a labor-market measure; reading it directly as a housing signal is a leap the data does not support.