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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Lake Butler. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 407-451-1001
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| Average Home Price | $400,000 - View Graph Trend |
| Average Price Compared to Last Year | Down more than 30% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $850,000 - $899,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Lake Butler is | Increasing |
| Seller Activity for the past 90 days in Lake Butler is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Bank-Owned and aggressively priced homes in particular are attracting multiple offers. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Lake Butler! |
| Nearest Metro Area | Orlando |
| Housing Hot Spots | Most cities within the Orange County area are considered 'Housing Hotspots' |
| Average Sold Price | $400,000 - View Graph Trend |
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Susan Smith LLC
Charles Rutenberg Realty
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