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Oviedo Florida Real Estate Market Update 04/15/09

By
Real Estate Agent with RE/MAX Downtown SL3136190

This is the market information regarding Oviedo Florida, located in Seminole County Florida. 

Date AVG 8-Apr 15-Apr
Properties for sale in the Oviedo, Florida 633 506 498
Foreclosure properties listed since last post 5 5 7
New Non-Foreclosure listings since last post 23 11 10
What's sold in Oviedo since last post 8 9 9
Foreclosures in Oviedo since last post 1 3 1
Non-Foreclosures sold since last post 7 6 8
What's under contract 86 144 147
Foreclosures under contract in Oviedo 30 47 51
Non-Foreclosures pending in Oviedo  54 97 96

 Here are the sold properties from the past week ending 04/15/09 

Address City Zip Beds Baths List $ DOM Sold $ SP/SqFt F/B

16 CANTERBURY
BELL DR # 10
OVIEDO 32765 3 2.5 159,990 77 157,000 99.49  

331 REED AVE
OVIEDO 32765 3 2 54,795 192 42,000 31.02  

2907 SPRING
HEATHER PL
OVIEDO 32766 4 2 210,000 225 200,000 104.38  

3018
LOWERY DR
OVIEDO 32765 3 3 149,500 189 137,300 85.17 F

3699
OAKDALE CIR
# 105
OVIEDO 32765 2 2 144,900 188 138,000 90.91  

1979
SUMMER CLUB
APT 211 DR # 211
OVIEDO 32765 2 1 44,700 19 44,700 51.32 B

1005
WHITTIER CIR
OVIEDO 32765 3 2 139,900 152 125,000 103.48  

1457
TWIN LEAF LN
OVIEDO 32766 5 3 299,200 51 299,200 99.53 B

1939
SUMMER CLUB
DR # 109
OVIEDO 32765 2 2 54,900 9 53,300 54.67 B

The properties labeled with a "B" stand for Oviedo Bank Owned properties that sold and the property with "F" illustrate a short sale that sold in pre-Foreclosure.
To date there are currently 24 bank owned homes for sale in Oviedo Florida and there are also 136 short sale opportunities in Oviedo. Considering there are 136 out of the total 498 properties for sale in Oviedo Florida, which equates to approximately 27% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 136 foreclosures in Oviedo, it just means there are only 136 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Oviedo real estate and homes for sale and Oviedo Foreclosures.

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