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Waterford Lakes Real Estate Market Report 10/04/2008

By
Real Estate Agent with RE/MAX Downtown SL3136190

Date

08/30

09/13

09/20

09/27

10/4

Current Properties for sale in Waterford Lakes

196

195

190

196

190

Foreclosures properties listed since last posting

2

7

1

4

1

New non foreclosure listings since last posting

8

9

5

8

7

Total properties sold in Waterford Lakes since last post

1

5

3

3

1

Sold Foreclosures in Waterford Lakes since last posting

0

3

0

2

1

Non-Foreclosures sold since last post

1

2

3

1

0

Total properties under contract

33

31

32

31

37

Foreclosures under contract in Waterford Lakes

 

12

13

11

15

Non-Foreclosures pending in Waterford Lakes

 

19

19

20

22

There was a litte activity in Waterford Lakes this week, apparently some people were not detered by the financial markets, I am assuming they realized that now is a good time to buy, while the inventory is still high. You can see there were 6 properties that went under contract this week, and 4 of them were properties that were in foreclosures or pre-foreclosure. Generally agents only put them into pending after the lender has accepted the terms of the sale, so you can see the lenders are attempting to clear some of the excess inventory they have on their books. Its about time!

The one property that did sell this week in Waterford was in the front of Waterford near Alafaya. The address was 1314 Crane Crest Way. It was on the market a total of 214 days and listed for $260,000 and sold for $255,000. It was in a state of pre-foreclosure.

If you would like a list of homes that meet your needs within Waterford Lakes, feel free to give me a call, I will be more than happy to supply the current list for you. As of this week thare are a total of 77 homes in foreclosures or pre-foreclosure out of the total of 190 homes. This equates to 41% of the total properties for sale. Also out of the 190 homes 11 of them are actually bank owned and are not included in the 77 that are in foreclosure.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Florida Real Estate and Waterford Lakes homes for sale.

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