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 August 1, 2009 :
There are currently 467 HOMES for Sale listed in our MLS system ranging from $134,000 for a 3 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 52 active Condominiums/Towhomes for Sale in the MLS ranging from $89,000 for a 2 bed/2 bath in Lakeside to $207,000 for a 3 bedroom/2.5 bathroom townhome in Lake Sawyer.
ACTIVE: HOMES
467 Total: 120 are pre-foreclosure/short sales/bank-owned (making up 25% of the inventory). Average Sales Price = $1.56 Million and Median sales price = $770,000
ACTIVE: CONDOMINIUMS/TOWNHOMES
52 Total: 35 are pre-foreclosure/short sales/bank-owned (making up 67% of the inventory). Average Sales Price = $142,149 and Median sales price = $139,500
PENDING: HOMES
174 Total: 129 are pre-foreclosure/short sales/bank-owned (making up 74% of the inventory). Average Pending Price = $574,497 and Median sales price = $377,500
PENDING: CONDOMINIUMS/TOWNHOMES
46 Total: 38 are pre-foreclosure/short sales/bank-owned (making up 83% of the inventory). Average Pending Price = $127,101 and Median sales price = $122,500
SOLD: HOMES (last 30 DAYS)
44 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 57% of the inventory). Average SOLD Price = $482,355 and Median SOLD price = $353,250
SOLD: CONDOMINIUMS/TOWNHOMES
9 Total: 6 are pre-foreclosure/short sales/bank-owned (making up 66% of the inventory). Average SOLD Price = $139,355 and Median SOLD price = $126,000
If you would like a specific Market Analysis for your home, please click here http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH
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Tags: Buyers, Sellers, Statistics, Windermere
