Central Park on Lee Vista Real Estate Market Conditions & Reports, Central Park on Lee Vista Market Trends, Florida

Market Commentary Provided by Sally Castillo
If you can qualify, now is an exceptional time to buy a home in Central Park on Lee Vista. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 407-403-0196

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Sally Castillo
Keller Williams At The Vistas
Orlando, Florida
407-403-0196
sally.castillo@yahoo.com
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Nearest Metro Area

Orlando

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$200,000 - View Graph Trend

Best Selling Price Range

$100,000 - $149,000

Worst Selling Price Range

$500,000 - $549,000

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Central Park on Lee Vista is

Increasing

Seller Activity for the past 90 days in Central Park on Lee Vista is

Increasing

Is Financing Available For Qualified Buyers in Central Park on Lee Vista?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

30-35%

Housing Hot Spots

Most cities within the Orange County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Job Growth

Average Sold Price

$200,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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