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 July 1, 2009 :
There are currently 457 HOMES for Sale listed in our MLS system ranging from $139,000 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 53 active Condominiums/Towhomes for Sale in the MLS ranging from $89,900 for a 2 bed/2 bath in Lakeside to $214,000 for a 3 bedroom/2 bathroom townhome in Lake Sawyer.
ACTIVE: HOMES
457 Total: 117 are pre-foreclosure/short sales/bank-owned (making up 26% of the inventory). Average Sales Price = $1.56 Million and Median sales price = $794,000
ACTIVE: CONDOMINIUMS/TOWNHOMES
53 Total: 34 are pre-foreclosure/short sales/bank-owned (making up 64% of the inventory). Average Sales Price = $147,874 and Median sales price = $150,000
PENDING: HOMES
166 Total: 127 are pre-foreclosure/short sales/bank-owned (making up 77% of the inventory). Average Pending Price = $514,464 and Median sales price = $344,240
PENDING: CONDOMINIUMS/TOWNHOMES
49 Total: 41 are pre-foreclosure/short sales/bank-owned (making up 84% of the inventory). Average Pending Price = $129,971 and Median sales price = $120,000
SOLD: HOMES (last 30 DAYS)
62 Total: 34 are pre-foreclosure/short sales/bank-owned (making up 55% of the inventory). Average SOLD Price = $521,856 and Median SOLD price = $377,500
SOLD: CONDOMINIUMS/TOWNHOMES
12 Total: 7 are pre-foreclosure/short sales/bank-owned (making up 58% of the inventory). Average SOLD Price = $138,782 and Median SOLD price = $133,000
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, Financing, Sellers, Statistics, Windermere
