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.

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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