This was originally posted to my Central Florida Real Estate blog and can be seen here:
http://forsaleincentralflorida.com/?p=257
|
Date |
08/23 |
08/30 |
09/13 |
09/20 |
09/27 |
|
Current Properties for sale in Waterford Lakes |
195 |
196 |
195 |
190 |
196 |
|
Foreclosures properties listed since last posting |
79 |
2 |
7 |
1 |
4 |
|
New non foreclosure listings since last posting |
27 |
8 |
9 |
5 |
8 |
|
Total properties sold in Waterford Lakes since last post |
17 |
1 |
5 |
3 |
3 |
|
Sold Foreclosures in Waterford Lakes since last posting |
4 |
0 |
3 |
0 |
2 |
|
Non-Foreclosures sold since last post |
13 |
1 |
2 |
3 |
1 |
|
Total properties under contract |
31 |
33 |
31 |
32 |
31 |
|
Foreclosures under contract in Waterford Lakes |
17 |
|
12 |
13 |
11 |
|
Non-Foreclosures pending in Waterford Lakes |
14 |
|
19 |
19 |
20 |
Waterford Lakes real estate is still one of the most active, and I believe this is because it includes some of the oldest as well as newest homes in East Orlando. While Waterfod Lakes may not have but about half as many homes for sale as Avalon Park, they were tied this week for the number of sales and also have about half as many foreclosures as Avalon Park.
Waterford Lakes currently has 196 homes on the market and of the 196 homes (includes townhomes, condos & single family homes) for sale, there are a total of 82 properties that are considered in foreclosure or which need a 3rd party approval. This equates to 42% of the homes being in foreclosure within Waterford Lakes alone.
These 82 properties do not include the 12 bank owned properties currently for sale and that have already been foreclosed upon. If you would like to see the 12 bank owned homes for sale in Waterford Lakes, give me a call and I can set up a time for you to view them. Bank owned homes usually mean a great buying opportunity if you are willing to do a little work, but can save you a lot of money which means instant equity.
The most recent sales that occured this week in Waterford Lakes were:
| Street | Bed | Ba | Sq Ft | Pool | Built | Listed $ | DOM | Sold | % to List Price |
| 13536 CRYSTAL RIVER | 3 | 2 | 1733 | Y | 1994 | 179,000 | 276 | 180,000 | 100.6% |
| 704 MAGNOLIA CREEK | 4 | 3 | 2362 | N | 1999 | 259,900 | 134 | 230,000 | 88.5% |
| 1249 BLACKWATER POND | 4 | 2 | 1929 | Y | 2005 | 242,500 | 138 | 223,500 | 92.2% |
The 1st & 3rd properties were actually foreclosures that sold. Which is a good sign, since last week there were none, and in light of the current financial market, you would think banks would be trying to get these off their books as soon as possible.
If you have any specific questions feel free to ask them below, or give me a call. I will be more than happy to assist you in making an educated decision when it comes to buying or selling in Waterford Lakes.
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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