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 January 1, 2011 :
There are currently 410 HOMES for Sale listed in our MLS system ranging from $105,000 for a 2 bed/2 bath in Merrick Landing 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 39 active Condominiums/Towhomes for Sale in the MLS ranging from $75,900 for a 2 bed/2 bath in Lakeside to $245,000 for a 3 bedroom/2.5 bathroom townhome in Lake Burden.
ACTIVE: HOMES
410 Total: 113 are pre-foreclosure/short sales/bank-owned (making up 28% of the inventory). Average Sales Price = $1.56 Million and Median sales price = $792K, Average Days on the Market – 231
ACTIVE: CONDOMINIUMS/TOWNHOMES
39 Total: 17 are pre-foreclosure/short sales/bank-owned (making up 44% of the inventory). Average Sales Price = $152,587 and Median sales price = $159,890, Average Days on the Market – 109
PENDING: HOMES
135 Total: 104 are pre-foreclosure/short sales/bank-owned (making up 77% of the inventory). Average Pending Price = $495K and Median sales price = $290K, Average Days on the Market – 163
PENDING: CONDOMINIUMS/TOWNHOMES
47 Total: 38 are pre-foreclosure/short sales/bank-owned (making up 81% of the inventory). Average Pending Price = $128,297 and Median sales price = $114,900, Average Days on the Market – 60
SOLD: HOMES (last 30 DAYS)
45 Total: 23 are pre-foreclosure/short sales/bank-owned (making up 51% of the inventory). Average SOLD Price = $615K and Median SOLD price = $403K, Average Days on the Market – 129
SOLD: CONDOMINIUMS/TOWNHOMES
5 Total: 3 are pre-foreclosure/short sales/bank-owned (making up 60% of the inventory). Average SOLD Price = $128,297 and Median SOLD price = $112,100 Average Days on the Market – 20
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.
Tags: Buyers, Sellers, Statistics, Windermere
