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Oviedo Florida Real Estate Market Update 10/26/2008

By
Real Estate Agent with RE/MAX Downtown SL3136190

Date

08/30

09/13

09/20

09/27

10/4

10/11

10/26

Properties for sale in the Oviedo, Florida

621

627

633

642

632

635

641

Foreclosure properties listed since last post

3

12

4

4

4

3

8

New Non-Foreclosure listings since last post

17

57

25

17

21

22

45

What's sold in Oviedo since last post

14

11

8

12

7

10

13

Foreclosures in Oviedo since last post

2

1

0

2

0

2

2

Non-Foreclosures sold since last post

12

10

8

10

7

8

11

What's under contract

98

113

119

110

110

105

115

Foreclosures under contract in Oviedo

 

37

39

41

41

39

40

Non-Foreclosures pending in Oviedo

 

76

80

69

63

66

75

As you can tell from the 13 properties that sold the past 2 weeks, Oviedo did slow down, considering the 1 week ending 10/11/2008 there were 10 properties sold. None the less, nothing to cry about
There are still 137 foreclosures for sale despite the 2 that sold and are noted below in bold.  There are also 29 Bank Owned properties still available in Oviedo. Bank owned homes are usually quick to close if needed despite the excess disclosures that banks make you sign, just telling you they have no knowledge of the home and you typically buy them AS-IS with no warranty. But if the homes are recently built, a good home inspector can help determine if there are any issues to be seriously concerned about.

If you would like a list of Oviedo Bank Owned homes, give me a call or send me an email, I will be happy to provide a list, with address included. As long as you acknowledge that selling real estate is how I make my money. (hmm sounds funny I know, but you can not imagine the number of inquiries I get who run me around and not even a return call much less a thank you)

Address List $ Sold $ Bed Bath SqFt Built Pool DOM Sold Date
1079 GOULD PL 167,900 166,500 3 2 1319 1987     10 10/21/2008
4469 OXEN HILL LOOP 169,900 153,000 3 2.5 1438 2005    221 10/17/2008
3471 KAYLA CIR 179,900 170,900 3 2 1264 1997    142 10/22/2008
3547 CARUSO PL 179,999 167,500 3 2.5 1480 2005    115 10/23/2008
471 EVENING SKY DR 217,990 204,910 4 2.5 2082 2008     13 10/13/2008
2340 PINE ST 229,000 205,000 3 2 1539 1978   Y   29 10/16/2008
5440 ENDICOTT PL 289,900 250,000 4 2.5 2207 1989     83 10/17/2008
960 COUNTRY CHARM CIR 335,000 325,000 5 3 2579 2006     68 10/24/2008
1385 ARBITUS CIR 339,000 311,000 4 3 2661 2005    344 10/15/2008
1698 CARILLON PARK DR 349,000 345,000 4 2.5 2255 1993   Y   10 10/20/2008
2616 WESTMINSTER TER 349,900 315,000 3 2 2358 1988    489 10/17/2008
3551 HEIRLOOM ROSE PL 389,900 365,000 4 3 3071 2005     52 10/17/2008
3229 HEIRLOOM ROSE PL 472,900 460,000 5 4.5 4319 2006   Y   12 10/21/2008

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

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