Welcome to my blog. This blog will offer information on houses available for sale, with an accepted contract and recently sold in Winfield. I will also add comments on market conditions in the metropolitan Orlando area and specifically in Winfield.
Statistics as reported by the MidFlorida Listing Service MLS to March 12, 2011
Number of Homes offered for sale: 5
Price range from $135,000 to $219,000
Average price per sq. ft. offered: $90.55
Number of Homes under contract: 2
Price range: $107,900 to $209,900
Price range per sq. ft.: $58.39 to $90.36
Homes sold from March 13, 2010 to March 12, 2011 : 14
Price range from $120,000 to $214,500
Average price per sq. ft. sold: $95.44
Average price of home sold: $162,024
Average days in the market: 114
Bank owned sold: 6
Short sales sold: 3
For homes sold from March 13, 2009 to March 12, 2010
Number of homes sold: 11
Average price per sq. ft. sold: $105.88
Average price of home sold: $182,409
Average days in the market: 86
Drop in sq. ft. sold in one year: 9.8%
Drop in price of home in one year: 11.2%
Prices are in the process of recovering and drops are not as pronounced as previously. Distressed sales account for 64% of all sales in this past year and are an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
