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Waterford Lakes Real Estate Market Update 11/15/2008

By
Real Estate Agent with RE/MAX Downtown SL3136190

Date AVG 8-Nov 15-Nov
Properties for sale in Waterford Lakes 193 176 184
    Foreclosure properties listed since last post 2 44 2
    New non foreclosure listings since last post 6 14 6
What's Sold in Waterford Lakes since last post 2 4 2
    Foreclosures in Waterford Lakes since last post 1 1 1
    Non-Foreclosures sold since last post 1 3 1
What's under contract 34 29 30
    Foreclosures under contract in Waterford Lakes 14 18 18
    Non-Foreclosures pending in Waterford Lakes 20 11 12

The 2 properties below are what sold the week of 11/09/2008 and 11/15/2008 The property in red is a short sale / foreclosure property and the property denoted by the * was a bank owned property that sold.
 

Address

List $

   Sold $

 Bed

Bath

 Sq Ft

  DOM

Sold Date

1351 BLACKWATER POND

200,000

  190,000

   3

  2

 1929

   207

11/12

1321 BLACKWATER POND *

204,900

  211,500

  4

 2.5

 2582

  213

11/10

As you can see Waterford does have 184 properties on the market and currently has 73 foreclosures and 14 bank owned properties for sale. The 73 foreclosures equates to 39% of the properties for sale. This is a drop in available foreclosures basically due to the recent approvals by the banks for short sales. As we continue forward I believe banks will begin approving more and more foreclosures, hopefully in a faster time frame. If you or anyone you know has a foreclosure related question, feel free to give me a call, whether buying or selling I am sure I can at least answer a question or two.

This report provided by Brady Pevehouse, a full time agent specializing in Orlando Real Estate and Waterford Lakes homes for sale

 

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