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Waterford Lakes 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 Waterford Lakes

196

195

190

196

190

193

188

    Foreclosure properties listed since last post

2

7

1

4

1

3

1

    New non foreclosure listings since last post

8

9

5

8

7

4

12

What's Sold in Waterford Lakes since last post

1

5

3

3

1

2

5

    Foreclosures in Waterford Lakes since last post

0

3

0

2

1

0

1

    Non-Foreclosures sold since last post

1

2

3

1

0

2

4

What's under contract

33

31

32

31

37

36

40

    Foreclosures under contract in Waterford Lakes

 

12

13

11

15

17

18

    Non-Foreclosures pending in Waterford Lakes

 

19

19

20

22

19

22

 There still remains 71 foreclosure properties that are for sale  and 3 bank owned properties available in Waterford Lakes. Last week there were 77 foreclosures available, and my guess is that those failed to sell and are now expired and waiting on the bank to secure the home, or maybe they vanished and no longer exist. As you can see there was not a increase in foreclosures that went under contract, so I am confident we are just waiting on the bank to take them.
I do believe Waterford Lakes takes second prize this week with a 38% foreclosure to active for sale properties. Avalon Park still takes 1st place with a 45% ratio with its 177 foreclosures.
FI you would like to review a current list of bank owned homes or foreclosure properties, give me a call, or send me an email. myself or Matt will be more than happy to assist you.
Here is the list of properties that sold in Waterford Lakes the past 2 weeks:

The property in bold below is the foreclosure property that sold on 10/15/2008 in Waterford Lakes

Address List $ Sold $ Bed Bath SqFt Built Pool DOM Sold Date
12720 RAFTSMEN CT 189,900 180,000   3   2 1568 1988   498 10/17/2008
737 CREST PINES DR # 624 229,000 140,000   2   2 1013 1998   168 10/14/2008
1054 CRYSTAL BAY LN 164,900 163,250   4   2 1929 2002   126 10/13/2008
13031 QUAIL CT 199,900 166,000   4  2.5 1990 1995   161 10/13/2008
522 HARDWOOD CIR 244,500 244,600   4  2.5 2363 1999   Y 236 10/15/2008

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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