Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Celebration. Low rates with low home prices makes a home purchase a great value! Call Wende now for more information at 407-579-4864.

Average Home Price $300,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 10-30 days
Best Selling Price Range$350,000 - $399,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?Increasing
Market Trend Decreasing
Buyers’ or Sellers’ Market Equal buyers and sellers
Buyer Activity for the past 90 days in Celebration isIncreasing
Seller Activity for the past 90 days in Celebration is?Decreasing
Multiple Offers?Yes
Multiple Offers CommentaryForeclosures, short sales and traditional sales that are competively priced often receive multiple offers.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Limited Supply
Inventory CommentsHomes priced right sell very fast. Be prepared for multiple offers and put in a contract right away on these homes.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Celebration! Most of all Celebration has a charm like no other community.
Nearest Metro AreaOrlando
Housing Hot SpotsThe closest ’Housing Hotspots’ to the Celebration area are the cities of Windermere, Dr Phillips, Winter Garden. Golden Bear and Reunion are communities near by that are quite popular.
Average Sold Price $300,000 - View Graph Trend

Celebration Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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