Admin

Eastwood Real Estate Market Report for the week ending 09/27/2008

By
Real Estate Agent with RE/MAX Downtown SL3136190

This was originally posted on the Central Florida Real Estate Blog

Date

08/23

08/30

09/13

09/20

09/27

Current Properties for sale in Eastwood Community

56

55

52

53

51

Foreclosures properties listed since last posting

13

0

0

2

0

New Non-Foreclosure listings since last posting

10

2

6

1

0

Total properties sold in Eastwood since last post

6

2

2

1

2

Sold Foreclosures in Eastwood since last posting

2

0

0

0

0

Non-Foreclosures sold since last post

4

2

1

1

2

Total properties under contract

15

4

8

9

6

Foreclosures under contract in Eastwood

1

 

1

1

1

Non-Foreclosures pending in Eastwood

14

 

7

8

5

Not much has changed this week, since no new properties have been listed. There were 2 properties that sold in Eastwood this week, which will be noted at the bottom of this brief. To date there are currently 6 properties that are pending sale, which is down from 9. This is because 2 properties sold and 1 other expired and looks to be off the market but quite likely is due to an agent that is not monitoring the status.

The properties that sold were:

Street Bed Ba Sq Ft Pool Built Listed $ ADOM Sold % of List Price
14009 PORTRUSH   4 2.5 2577   Y 1998 279,000   320 279,000     100.0%
101 OLYMPIC CLUB   4 2 2119   Y 1992 214,900    76 185,000      86.1%

Eastwood does have 12 homes currently on the market that are in foreclosure according to the MLS. I have realized that last weeks post may have had an error due to poor practice by another agent. But still, with 12 properties out of 51, Eastwood currently has 24% of its properties that are currently for sale, in foreclosure.

Knowing that Eastwood has 2021 homes in total and only 51 properties currently for sale or 57 homes listed or are pending, this equates to 3% on the market and .006% of them in foreclosure. I don't know what you consider a good ratio, but to me, Eastwood appears to be a pretty solid community to purchase in.
I do currently have 1 property listed, which is viewable  http://1157.siicf.com if you are interested. It is located within the gated community of Eastwoodk known as the Preserve of Eastwood. it is definately worth looking into and can be seen at any time.

Also another tidbit, as of this week ending 09/27/2008 there are still no bank owned properties for sale in Eastwood, but deals are easy to find. So if your looking for a Golf Course community, Eastwood is a great place to start looking.

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

Comments(0)