Greater Orlando Real Estate Blog
November’s Medium Sales Price for homes sold stayed at $235,00 for the 3rd month in a row. The average price, however, increased to $304,200, up 6.7% from October. The number of homes sold, however, decreased from 1090 homes sold in October to 963 homes sold in November. This is the lowest level of sales per [...]
You don’t have to move to South Florida to own a fabulous estate. Seminole County currently has 7 homes priced >$3 million dollars offered for sale on MLS. 3 are located in Heathrow, 3 are located in Sweetwater Club in Longwood, and 1 is located in Lake Emma. Here’s a summary of the homes. (Data [...]
Heathrow is a gated, golf course community north of Orlando in Lake Mary, Seminole County. It is comprised of townhomes, semi-custom homes, and custom homes. There are currently 99 homes offered for sale on MLS ranging from $289,900 to $4,649,000. There are 2 homes listed for sale in Heathrow that are exceptional buys.
The 1st [...]
There is a misconception in the market place that sellers net more proceeds by selling their homes themselves without the help of a real estate professional. Not so according to a study by the National Association of REALTORS* that shows that sellers make an average 16 percent more on the sale of their home when [...]
Posted by Maureen Lob, REALTOR with RE/MAX Central Realty
The good news in the Orlando Real Estate Market is that the Medium Sales Price for homes sold stayed at the same medium price as Sept. at $235,000. Although this represents a decrease of 8% from October, 2006, it’s one of the 1st signs of a stabilizing [...]
Posted by Maureen Loeb, REALTOR® with RE/MAX Central Realty
Many Buyers are sitting on the fence, waiting to buy at the bottom of the market and/or waiting for changes in the property tax law. Both approaches are reasonable, however, you may be missing the boat on a unique opportunity.
First, in terms of waiting for the [...]
Posted by Maureen Loeb, REALTOR® with RE/MAX Central Realty
Accounting for 41% of the million dollar plus homes sold in Orange County YTD, Windermere leads the pack with 97 homes sold. Winter Park had 55, or 23%, of the million dollar plus homes sold. Orlando zip code 32829, which includes the neighborhoods of Bay Hill [...]
Posted by Maureen Loeb, REALTOR® with RE/MAX Central Realty
Thus far this year 70 1 Million Dollar Plus homes have sold in Seminole County. Two thirds of the million $ plus homes were sold in Heathrow and Alaqua Lakes with each having 23 homes sold. Alaqua held third place with 6 homes sold over 1 million [...]
Posted by Maureen Loeb, REALTOR® with RE/MAX Central Realty, 407-488-2625
The real estate market continues to struggle in the Greater Orlando Area. The medium price of homes sold fell from $250,000 in Sept., 2006 to $235,000 in Sept., 2007. This represents a decrease of 6%.
Posted by Maureen Loeb, REALTOR
®
The number of homes sold also fell from [...]