TOPIC OF INTEREST

March 13, 2025

Do you want to plunge into the buying pool not knowing about the different existing favorable alternatives? Just the decision to buy in these days of hazy economic conditions seems challenging and because of still rather high home prices and interest rates it is convenient to know the existing financing alternatives to search for: 1. Buydown of the interest rate that can be negotiated with either seller or lender. 2. Adjustable-rate mortgages that begin with a lower rate and can be negotiated years after. There is a cost involved in the refinancing that can be offset by the hopefully lower new rate. 3. Assumable mortgages that need acceptance by the lender and subject to the buyer’s qualification. In addition, home prices are negotiable, especially these days when it is taking longer to sell. Let me know in what respect I can assist you. Read this interesting article on the subject, courtesy of Keep Current Matters. Click here and then click on The previous page is sending you to.I appreciate your comments. Here is an opportunity to browse over properties of all kinds currently offered in the following localities. Reach out to me for more details. Once you click on any of the following, click on The previous page is sending you to and you will see the homes that are being offered. Lake Nona Area Winter Park Homes Maitland Altamonte Springs Area Longwood Lake Mary Area Metrowest Condos Windermere Winter Garden Homes Downtown Orlando Condos Deltona Area New Construction Greater Orlando Kissimmee To do your own search click here.

MARKT UPDATE TO DEC 29 2024

 STATISTICS AS REPORTED BY STELLAR MLS TO DEC 29 2024

Currently, there are no houses available for sale. However, there is only one in the status Pending, that is, expecting to close by January 10, 2025 at a price of $420,000, price per square foot of $230.52, with 85 days in the market at time of contract acceptance. Final price will be known after closing.

From December 30, 2023 to December 29, 2024, 7 houses were sold at an average price of $448,714, average price per square foot of $238.33. Prices ranged from $380,000 to $535,000 and an average number of days in the market was 6.

From December 30, 2022 to December 29, 2023, 5 houses were sold at an average price of $ 408,000, an average price per square foot of $ 216.55. Prices ranged from $370,000 to $445,000. Average number of days in the market was 95.

Year-over-year average price increased 10%. 

Four houses were sold in the last 6 months out of the seven sold in the 12 months period. Average price for the houses sold in the last 6 months was $474,000, average days in the market 5, average price per square foot $235.60. This average price of $474,00 over the average price of the year 2022-2023 of $408,000 represents an increase of 16.17%%. 

This 6-month price average increase over the previous year shows the effect of scarcity of inventory and few buyers coming into the market, pushing prices up, panorama that will not last for too long. It is time to put your house in the market.

This is a sought after community offering many advantages such as location, proximity to supermarkets and shopping centers and to major roads and to the state college, and rapidly access to downtown Orlando, plus an ingrained sense of ownership identification with the community. These factors play in favor of property appreciation  and make buyers be more willing to pay for the homes offered for sale.

For any questions, please call me at 407 421 9091 or email me at urrug4@aol.com . I also do rentals in Winfield and nearby locations. If you are planning to sell your house I can provide you with a free estimate. If you are a buyer, I can show you options to meet your budget and can put you in touch with lenders and mortgage brokers to discuss alternatives of financing.

MARKET UPDATE TO APRIL 18 2019

STATISTICS AS REPORTED BY STELLAR MLS TO DEC 29 2024

Currently, there are no houses available for sale. However, there is only one in the status Pending, that is, expecting to close by January 10, 2025 at a price of $420,000, price per square foot of $230.52, with 85 days in the market at time of contract acceptance. Final price will be known after closing.

From December 30, 2023 to December 29, 2024, 7 houses were sold at an average price of $448,714, average price per square foot of $238.33. Prices ranged from $380,000 to $535,000 and an average number of days in the market was 6.

From December 30, 2022 to December 29, 2023, 5 houses were sold at an average price of $ 408,000, an average price per square foot of $ 216.55. Prices ranged from $370,000 to $445,000. Average number of days in the market was 95.

Year-over-year average price increased 10%. 

Four houses were sold in the last 6 months out of the seven sold in the 12 months period. Average price for the houses sold in the last 6 months was $474,000, average days in the market 5, average price per square foot $235.60. This average price of $474,00 over the average price of the year 2022-2023 of $408,000 represents an increase of 16.17%%. 

This 6-month price average increase over the previous year shows the effect of scarcity of inventory and few buyers coming into the market, pushing prices up, panorama that will not last for too long. It is time to put your house in the market.

This is a sought after community offering many advantages such as location, proximity to supermarkets and shopping centers and to major roads and to the state college, and rapidly access to downtown Orlando, plus an ingrained sense of ownership identification with the community. These factors play in favor of property appreciation  and make buyers be more willing to pay for the homes offered for sale.

For any questions, please call me at 407 421 9091 or email me at urrug4@aol.com . I also do rentals in Winfield and nearby locations. If you are planning to sell your house I can provide you with a free estimate. If you are a buyer, I can show you options to meet your budget and can put you in touch with lenders and mortgage brokers to discuss alternatives of financing.

MARKET UPDATE TO MAY 27, 2015

Statistics as reported by Matrix to May 27, 2015

Homes available for sale:  None

Homes with an accepted a contract, not yet closed:  2

Price range : $180,000 - $218,800

Average price per Square Foot: $ 117.16
Average days in the market: 62

Type of sale: Short Sale: One short sale, one normal

Homes sold from May 17, 2014 to May 7 27, 2015:  11 

in the agents' system (MLS)

Price range from $ 162,000 to $ 208,000
Average price of home sold: $ 188,264
Average price per sq. ft. sold $ 115.11
Average days in the market: 70
Bank owned sold: 2 - Short sales sold: 1

Normal: 8 - Percent distressed: 27

Homes sold from May 27, 2013 to , May 27, 2014: 12
Price range from $ 163,000 to $ 245,000
Average price of home sold: $ 192,650
Average price per sq. ft. sold: $ 111.17
Average days in the market: 51
Bank owned sold: 3
Short sales sold: 1
Normal: 8 – Percent distressed: 33

Last 6 months: 
Conditions still are good, few houses in the market.
Number of houses sold: 7 - Out of 11 sold in the last 12 months. Pace is being maintained.
Price range of houses sold:  from $162,000 to $ 201,000
Average price per sq. ft. $ 115.07, compared to $ 115.11 of the last 12 months. 
Average price per home sold: $ 187,577, compared to $ 188,264 of the last 12 months.
Average days in the market: 58, compared to 70 of the last 12 months, selling faster.

.

Average price in the last twelve months decreased 2.3% in relation to the prior 12 month-period. The last analyses have been showing this trend. However, the average price per sq. ft. sold year over year was 3.5%, a small increase. Prices have suffered and are not as bright as before and the pace of selling is at least being kept. The last 6 month show the same tendency in prices as the entire previous 12 months.

However, this is a sought after community offering many advantages such as location, proximity to supermarkets and shopping centers, to major roads and to the state college, and rapidly access to downtown Orlando, plus an ingrained sense of ownership identification with the community. These factors play in favor of property appreciation and the expectation that current buyers may be willing to pay more on the homes offered for sale.

The percent of distressed sales has been decreasing and this opens the opportunity for owners who are not in this category to offer their houses in the market with better expectations of selling at a convenient price. Still, conditions are given to sell your house at an attractive price and in a relatively short time if well priced. . This is a good time to put your house on sale.

For any questions, please call me at 407 421 9091 or email me at urrug4@aol.com . I also do rentals in Winfield. If you are planning to sell your house I can provide you with a free estimate. If you are a buyer, I can show you options to meet your budget and can put you in touch with lenders and mortgage brokers to discuss alternatives of financing.

These are sales of the last twelve months:

Address	List Price	Sold Price	Sq. Ft.	LP/SqFt	SP/SqFt
Available for sale
None
Under Contract
1926 BOBTAIL  DR	180,000		1,617	111.32
2133 FALKNER  RD	218,800		1,779	122.99
Sold
1614 BOBTAIL  DR	162,000	162,000	1,440	112.50	112.50
2163 TORTOISE SHELL DR	179,000	170,000	1,536	116.54	110.68
1824 BOBTAIL  DR	189,900	167,000	1,622	117.08	102.96
2157 TORTOISE SHELL  DR	192,500	190,000	1,644	117.09	115.57
2129 FALKNER  RD	192,925	189,900	1,642	117.49	115.65
1950 BOBTAIL DR	199,900	190,000	1,762	113.45	107.83
2161 FENNELL  ST	200,000	196,000	1,808	110.62	108.41
1932 BOBTAIL  DR	200,000	198,000	1,617	123.69	122.45
1909 BOBTAIL  DR	211,900	199,000	1,494	141.83	133.20
1733 BOBTAIL  DR	212,900	208,000	1,642	129.66	126.67
2021 FALKNER RD	219,000	201,000	1,822	120.20	110.32

MARKET UPDATE TO MARCH 10, 2015

Statistics as reported by Matrix to March 10, 2015

Homes available for sale: 1

Price : $ 180,000.00

Price per Square Foot: $ 111.3

Type of sale: Normal sale (not short sale, not bank-owned)

Homes with an accepted a contract, not yet closed:  1

Price: $199,900

Price per Square Foot: $ 123.24

Type of sale: Short Sale.

Homes sold from March 10, 2014 to March 10, 2015:  12  

in the agents' system (MLS)

Price range from $ 162,000 to $ 208,000
Average price of home sold: $ 188,900
Average price per sq. ft. sold $ 113.62
Average days in the market: 78
Bank owned sold: 1 - Short sales sold: 1

Normal: 10 - Percent distressed: 20

Homes sold from March 10, 2013 to , March 10, 2014: 10
Price range from $ 163,000 to $ 245,000
Average price of home sold: $ 190,492
Average price per sq. ft. sold: $ 110.6
Average days in the market: 39
Bank owned sold: 3
Short sales sold: 1
Normal: 8 – Percent distressed: 33

Last 6 months: 
Conditions still are good, few houses in the market.
Number of houses sold: 8 - Out of 12 sold in the last 12 months. Pace is being maintained.
Price range of houses sold:  from $162,000 to $ 208,000
Average price per sq. ft. $ 114.3, compared to $ 113.6 of the last 12 months. 
Average price per home sold: $ 188,988, compared to $ 188,900 of the last 12 months.
Average days in the market: 58, compared to 88 of the last 12 months, selling faster.

.

Average price in the last twelve months decreased 0.8% in relation to the prior 12 month-period. The last analyses have been showing this trend. However, the average price per sq. ft. sold year over year was 2.74%, a small increase. Prices have suffered and are not as bright as before and the pace of selling is at least being kept. The last 6 month show the same tendency in prices as the entire previous 12 months.

However, this is a sought after community offering many advantages such as location, proximity to supermarkets and shopping centers, to major roads and to the state college, and rapidly access to downtown Orlando, plus an ingrained sense of ownership identification with the community. These factors play in favor of property appreciation and the expectation that current buyers may be willing to pay more on the homes offered for sale.

The percent of distressed sales has been decreasing and this opens the opportunity for owners who are not in this category to offer their houses in the market with better expectations of selling at a convenient price. Still, conditions are given to sell your house at an attractive price and in a relatively short time if well priced. . This is a good time to put your house on sale.

These houses are not yet in the market: 1909 Bobtail Dr, 2137 Fennel Rd and 2143 Fennell St., acquired in public auction. . 

For any questions, please call me at 407 421 9091 or email me at urrug4@aol.com . I also do rentals in Winfield. If you are planning to sell your house I can provide you with a free estimate. If you are a buyer, I can show you options to meet your budget and can put you in touch with lenders and mortgage brokers to discuss alternatives of financing.

These are sales of the last twelve months:

Address	List Price	Sold Price	Sq. Ft.	LP/SqFt	SP/SqFt
Available for sale
2133 FALKNER  RD	231,000		1,779	129.85
Under Contract
1926 BOBTAIL  DR	180,000		1,617	111.32
Sold
1614 BOBTAIL  DR	162,000	162,000	1,440	112.50	112.50
2163 TORTOISE SHELL DR	179,000	170,000	1,536	116.54	110.68
1824 BOBTAIL  DR	189,900	167,000	1,622	117.08	102.96
2157 TORTOISE SHELL  DR	192,500	190,000	1,644	117.09	115.57
2129 FALKNER  RD	192,925	189,900	1,642	117.49	115.65
1860 BOBTAIL DR	199,900	195,000	1,740	114.89	112.07
2149 FENNELL ST	199,900	199,900	1,689	118.35	118.35
1950 BOBTAIL DR	199,900	190,000	1,762	113.45	107.83
2161 FENNELL  ST	200,000	196,000	1,808	110.62	108.41
1932 BOBTAIL  DR	200,000	198,000	1,617	123.69	122.45
1733 BOBTAIL  DR	212,900	208,000	1,642	129.66	126.67
2021 FALKNER RD	219,000	201,000	1,822	120.20	110.32
2120 Tortoise Shell	N/A	150,000	1,427	By owner	105.12

MARKET UPDATE TO DECEMBER 25, 2014

Statistics as reported by Matrix to December 25, 2014

Homes available for sale: 3

Price range from $169,000 to $229,900

Average Price: $205,967

Average Price per Square Foot: $ 116.66

Type of sale: All normal sales (not short sale, not bank-owned)

Homes with an accepted a contract, not yet closed:  1

Price: $199,900

Price per Square Foot: $ 123.24

Type of sale: Bank-owned.

Homes sold from December 25, 2013 to December 25, 2014:  12  

in the agents' system (MLS)

Price range from $ 163,000 to $ 208,000
Average price of home sold: $ 187,233
Average price per sq. ft. sold $ 112.33
Average days in the market: 86
Bank owned sold: 1 - Short sales sold: 2

Normal: 79 - Percent distressed: 25

Homes sold from December 25, 2012 to December 25, 2013: 9
Price range from $ 165,000 to $ 245,000
Average price of home sold: $ 194,433
Average price per sq. ft. sold: $ 109.08
Average days in the market: 18
Bank owned sold: 2
Short sales sold: 0
Normal: 7 – Percent distressed: 22

Last 6 months: 
Conditions still are good, few houses in the market.
Number of houses sold: 6 - Out of 12 sold in the last 12 months. Pace is being maintained.
Price range of houses sold:  from $170,000 to $ 208,000
Average price per sq. ft. $ 115.19, compared to $ 112.40 of the last 12 months. 
Average price per home sold: $ 190,6500, compared to $ 194,433 of the last 12 months.
Average days in the market: 85, compared to 86 of the last 12 months.

.

Average price in the last twelve months decreased 3.7% in relation to the prior 12 month-period. The last analyses have been showing this trend. However, the average price per sq. ft. sold year over year was 3.0%, a small increase. Prices have suffered and are not as bright as before and the pace of selling is at least being kept. However, the last 6 months show a glimmer of hope that prices are beginning to crawl up. The slight decrease over the last 12 months was not any significant.

However, this is a sought after community offering many advantages such as location, proximity to supermarkets and shopping centers, to major roads and to the state college, and rapidly access to downtown Orlando, plus an ingrained sense of ownership identification with the community. These factors play in favor of property appreciation and the expectation that current buyers may be willing to pay more on the homes offered for sale.

The percent of distressed sales has been decreasing and this opens the opportunity for owners who are not in this category to offer their houses in the market with better expectations of selling at a convenient price. Still, conditions are given to sell your house at an attractive price and in a relatively short time if well priced. . This is a good time to put your house on sale.

These houses are not yet in the market: 1909 Bobtail Dr, 2137 Fennel Rd and 2143 Fennell St., acquired in public auction. . 

For any questions, please call me at 407 421 9091 or email me at urrug4@aol.com . I also do rentals in Winfield.

These are sales of the last twelve months:

	Address	List Price	Sold Price	Sq. Ft.	LP/SqFt	SP/SqFt
	Available for sale
	1614 BOBTAIL  DR	169,000		1,440	117.36
	2021 FALKNER RD	219,000		1,822	120.20
	7955 BIRMAN  ST	229,900		2,045	112.42
	Under Contract
	1824 BOBTAIL  DR	199,900		1,622	123.24
	Sold
	2109 KORAT LN	170,000	163,000	1,382	123.01	117.95
	1878 BOBTAIL DR	174,900	166,000	1,580	110.70	105.06
	1921 BOBTAIL DR	175,000	175,000	1,590	110.06	110.06
	2163 TORTOISE SHELL DR	179,000	170,000	1,536	116.54	110.68
	2157 TORTOISE SHELL  DR	192,500	190,000	1,644	117.09	115.57
	2129 FALKNER  RD	192,925	189,900	1,642	117.49	115.65
	1860 BOBTAIL DR	199,900	195,000	1,740	114.89	112.07
	2149 FENNELL ST	199,900	199,900	1,689	118.35	118.35
	1950 BOBTAIL DR	199,900	190,000	1,762	113.45	107.83
	2161 FENNELL  ST	200,000	196,000	1,808	110.62	108.41
	1795 BOBTAIL DR	209,000	204,000	2,045	102.20	99.76
	1733 BOBTAIL  DR	212,900	208,000	1,642	129.66	126.67
	2120 Tortoise Shell	N/A	150,000	1,427	By owner	105.12
	8028  Birman St.	N/A	150,000	1,739	Auction	86.26