Of the homes that have sold so far in 2009, 60% are ‘distressed’ properties in some stage of foreclosure. This explains why prices continue to decline at an unprecedented rate.
Average Price per Square Foot, though, is exhibiting some indirection. Could this indicate a bottom? Only time will tell.
Orange & Seminole Counties
Single-Family Homes
Average Price Per Square Foot
Source: Trendgraphix, Inc. and My Florida Regional Multiple Listing Service. Reports based on sales data available for the most recent month of activity.
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LOOKING FORWARD TO SELLING YOUR HOME!
OVIEDO · WINTER SPRINGS · LONGWOOD · LAKE MARY
MAITLAND · WINTER PARK
EAST ORLANDO
Stoneybrook · Eastwood · Avalon Park · Waterford · Cypress Springs
CITY OF ORLANDO
Baldwin Park · Lake Nona · Delaney Park
Colonialtown · College Park · Thornton Park
Judy Chapman
Florida Licensed Sales Associate, REALTOR®
Coldwell Banker Residential Real Estate
521 E Mitchell Hammock Road
Oviedo, FL 32765
Judy@OrlandoHouseSales.com
(407) 227-7763
© 2007-2009 www.activerain.com/blogs/OrlandoforSale and www.OrlandoRealtyNotepad.com by Judy Chapman ALL RIGHTS RESERVED. Portions of this content may be used with attribution.
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