Windermere is located in Southwest Orlando and nestled between numerous large lakes that form the Butler Chain of Lakes. Windermere was established in 1889 and works hard to maintain that small town feel. For instance, many local streets are still dirt roads. Windermere has expanded to include newer subdivisions such as Lakes of Windermere, Keene’s Pointe, Summerport, and Glenmuir. Below is a snapshot of the current state of the market in Windermere.
As of September 1, 2009 :
There are currently 475 HOMES for Sale listed in our MLS system ranging from $129,900 for a 2 bed/1 bath in Park Ridge to $100 MILLION for a 13 bedroom/23 bathroom home in Reserve at Lake Butler Sound (WOW you should see the pictures of this one!!)
There are 53 active Condominiums/Towhomes for Sale in the MLS ranging from $89,000 for a 2 bed/2 bath in Lakeside to $210,500 for a 3 bedroom/2.5 bathroom townhome in Preston Square.
ACTIVE: HOMES
475 Total: 128 are pre-foreclosure/short sales/bank-owned (making up 27% of the inventory). Average Sales Price = $1.52 Million and Median sales price = $735,000
ACTIVE: CONDOMINIUMS/TOWNHOMES
53 Total: 33 are pre-foreclosure/short sales/bank-owned (making up 62% of the inventory). Average Sales Price = $140,903 and Median sales price = $135,900
PENDING: HOMES
167 Total: 134 are pre-foreclosure/short sales/bank-owned (making up 80% of the inventory). Average Pending Price = $457,799 and Median sales price = $295,000
PENDING: CONDOMINIUMS/TOWNHOMES
39 Total: 31 are pre-foreclosure/short sales/bank-owned (making up 79% of the inventory). Average Pending Price = $130,644 and Median sales price = $125,000
SOLD: HOMES (last 30 DAYS)
40 Total: 20 are pre-foreclosure/short sales/bank-owned (making up 50% of the inventory). Average SOLD Price = $755,396 and Median SOLD price = $472,500
SOLD: CONDOMINIUMS/TOWNHOMES
18 Total: 14 are pre-foreclosure/short sales/bank-owned (making up 78% of the inventory). Average SOLD Price = $119,065 and Median SOLD price = $114,500
If you would like a specific Market Analysis for your home, please click here
http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH
We look forward to helping you realize your real estate dreams.
