As you can see by the chart below, Orlando experienced a sharp downturn this year. Considering that over 40% of home sales these days are foreclosure sales, it wouldn’t be surprising to see 2008 end close to the 2004 level. Whether it will continue to go down from there depends on many economic factors, including bank stability, unemployment, and consumer confidence.
Data is drawn from the Mid-Florida Regional Multiple Listing Service as of the date shown.
Judy’s Market Snapshot: Even though the Orlando real estate market continues to be sluggish, there are excellent opportunities for those who act on fundamentals rather than fear.
For sellers who wish to move up, now is as good a time as any. Once you sell, you’ll have your pick of homes and once-in-a-lifetime negotiating strength.
For buyers who have cash available for a down payment and a willingness to jump in, this may be your best opportunity ever. It takes courage to act in uncertain economic times when the overriding fear is, undoubtedly, that house prices will continue to drop. However, if you’re looking for a long-term investment, and better yet a long-term investment you can live in and enjoy, there’s nothing better than real estate.
Want to buy a house?
Call to receive up-to-the minute listings.
Want to sell your house?
Call for a detailed Strategic Price Analysis.
Convenient to shopping and tollways, Eastwood incorporates its own golf course, a charming collection of neighborhoods, and tranquil views nestled among fairways and greens.
Want to buy a house?
Call to receive up-to-the minute listings.
Want to sell your house?
Call for a Strategic Price Analysis.
If you’re on localism.com
and can’t view the full table,
click the activerain logo below.
|
Eastwood Sales Activity As of 11/23/08 |
||||||
|
Address |
Beds |
Baths |
Sq Ft |
Pool |
Date Sold |
Price |
|
1266 Show Dr |
4 |
3 |
3201 |
Y |
11/05/08 |
$ 330,000 |
|
14203 Castlerock Dr |
4 |
2 |
2302 |
N |
10/30/08 |
$ 225,000 |
|
13116 Cog Hill Way |
3 |
2 |
1520 |
N |
10/15/08 |
$ 180,000 |
|
13031 Quail Ct |
4 |
2 |
1990 |
N |
10/13/08 |
$ 166,000 |
|
1477 Anna Catherine Dr |
4 |
3 |
2833 |
Y |
10/03/08 |
$ 340,000 |
|
1674 Anna Catherine Dr |
4 |
2 |
2436 |
Y |
09/29/08 |
$ 325,000 |
|
14009 Portrush Dr |
4 |
2 |
2577 |
Y |
09/22/08 |
$ 279,000 |
|
13330 Meadowlark Ln |
4 |
2 |
1952 |
N |
09/17/08 |
$ 185,000 |
|
108 Razorbill Ct |
3 |
2 |
1694 |
Y |
09/11/08 |
$ 175,100 |
|
1401 Royal St George Dr |
4 |
2 |
1952 |
N |
09/11/08 |
$ 230,000 |
|
13622 Dornoch Dr |
3 |
2 |
2712 |
Y |
09/04/08 |
$ 415,000 |
|
13243 Meadowlark Ln |
4 |
2 |
1976 |
N |
08/29/08 |
$ 185,000 |
|
13396 Lake Turnberry Cir |
3 |
2 |
1824 |
N |
08/29/08 |
$ 290,000 |
|
305 Walton Heath Dr |
4 |
3 |
3259 |
Y |
08/29/08 |
$ 406,000 |
|
13533 Guildhall Cir |
4 |
2 |
2149 |
N |
08/28/08 |
$ 220,000 |
|
130 Winghurst Blvd |
4 |
3 |
2408 |
N |
08/27/08 |
$ 325,000 |
|
13747 Waterhouse Way |
4 |
2 |
2021 |
N |
08/26/08 |
$ 240,000 |
|
13833 Waterhouse Way |
4 |
3 |
2484 |
Y |
08/15/08 |
$ 288,500 |
|
1236 Elegance Ct |
4 |
3 |
2700 |
Y |
08/14/08 |
$ 325,000 |
|
161 Portstewart Dr |
4 |
2 |
1886 |
Y |
08/11/08 |
$ 250,000 |
|
13037 Jewelstone Way |
4 |
3 |
2349 |
N |
08/09/08 |
$ 220,000 |
|
14312 Royal Lytham Ct |
4 |
3 |
2822 |
Y |
08/06/08 |
$ 338,500 |
|
729 Tuten Trl |
4 |
2 |
2530 |
Y |
08/01/08 |
$ 227,000 |
|
233 Bluejay Way |
3 |
2 |
1562 |
N |
07/24/08 |
$ 205,000 |
|
214 Crossbill Ct |
4 |
2 |
1886 |
N |
07/16/08 |
$ 219,000 |
|
248 Royal Liverpool Ln |
4 |
3 |
2420 |
Y |
07/08/08 |
$ 337,500 |
|
1221 Shagrock Ct |
4 |
3 |
2779 |
Y |
07/01/08 |
$ 322,500 |
|
13414 Bristlecone Cir |
3 |
2 |
1760 |
N |
06/30/08 |
$ 199,000 |
|
225 Isle Of Sky Cir |
4 |
3 |
2889 |
Y |
06/27/08 |
$ 350,000 |
|
1037 Royal St George Dr |
4 |
2 |
2202 |
N |
06/26/08 |
$ 240,000 |
|
14413 Saint Georges Hill |
4 |
3 |
2598 |
Y |
06/20/08 |
$ 285,000 |
|
13505 Guildhall Cir |
4 |
2 |
2136 |
Y |
06/20/08 |
$ 302,000 |
|
14206 Sunriver Ave |
4 |
2 |
1972 |
N |
06/13/08 |
$ 225,000 |
|
14610 Saint Georges Hill |
5 |
3 |
2700 |
N |
06/10/08 |
$ 292,000 |
|
14669 Riviera Pointe Dr |
4 |
2 |
2397 |
Y |
06/06/08 |
$ 320,000 |
|
13628 Waterhouse Way |
4 |
2 |
2337 |
Y |
05/30/08 |
$ 241,000 |
|
14600 Kitlanselt Way |
5 |
3 |
3145 |
Y |
05/30/08 |
$ 375,000 |
|
297 Isle Of Sky Cir |
4 |
3 |
2725 |
Y |
05/30/08 |
$ 390,000 |
|
13557 Waterhouse Way |
3 |
2 |
1826 |
N |
05/29/08 |
$ 216,000 |
Properties have been listed and sold by various MLS members.
Data was drawn from the Mid-Florida Regional Multiple Listing Service.
This report is valuable for estimating current market values in the designated community or subdivision.
Data is drawn from the Mid-Florida Regional Multiple Listing Service as of the date shown. To get a more accurate picture of a specific neighborhood, feel free to call Judy for a detailed Strategic Price Analysis.
If you’re on localism.com
and can’t view the full table,
click the activerain logo below.
|
Winter Springs Sales Statistics (as of 11/18/08) |
|
|
Active Listings |
289 |
|
Pending Contracts |
41 |
|
Sold in Last 3 Months |
77 |
|
Average Sold Price |
$ 248,779 |
|
Average Cost Per Square Foot |
$ 122 |
|
Average Square Feet |
2001 |
|
Average Days on Market |
166 |
|
Absorption Rate (Months Required to Sell Current Active Inventory) |
11.3 |
Data is drawn from the Mid-Florida Regional Multiple Listing Service as of the date shown. To get a more accurate picture of a specific neighborhood, feel free to call Judy for a detailed Strategic Price Analysis.
If you’re on localism.com
and can’t view the full table,
click the activerain logo below.
|
Oviedo (32765) Sales Statistics (as of 11/18/08) |
|
|
Active Listings |
392 |
|
Pending Contracts |
67 |
|
Sold in Last 3 Months |
106 |
|
Average Sold Price |
$ 265,291 |
|
Average Cost Per Square Foot |
$ 129 |
|
Average Days on Market |
121 |
|
Absorption Rate (Months Required to Sell Current Active Inventory) |
11.1 |
Data is drawn from the Mid-Florida Regional Multiple Listing Service as of the date shown. To get a more accurate picture of a specific neighborhood, feel free to call Judy for a detailed Strategic Price Analysis.
If you’re on localism.com
and can’t view the full table,
click the activerain logo below.
|
Oviedo (32766) Sales Statistics (as of 11/18/08) |
|
|
Active Listings |
105 |
|
Pending Contracts |
13 |
|
Sold in Last 3 Months |
30 |
|
Average Sold Price |
$ 350,318 |
|
Average Cost Per Square Foot |
$ 132 |
|
Average Days on Market |
147 |
|
Absorption Rate (Months Required to Sell Current Active Inventory) |
10.5 |
 |
|
|
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