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 June 1, 2009 :
There are currently 457 HOMES for Sale listed in our MLS system ranging from $157,080 for a 3 bed/2 bath in Lakes of Windermere 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 44 active Condominiums/Towhomes for Sale in the MLS ranging from $95,000 for a 3 bed/2 bath in Lakeside to $239,875 for a 3 bedroom/2 bathroom townhome in Lake Burden.
ACTIVE: HOMES
457 Total: 116 are pre-foreclosure/short sales/bank-owned (making up 25% of the inventory). Average Sales Price = $1.6 Million and Median sales price = $770,000
ACTIVE: CONDOMINIUMS/TOWNHOMES
44 Total: 22 are pre-foreclosure/short sales/bank-owned (making up 50% of the inventory). Average Sales Price = $169,637 and Median sales price = $150,000
PENDING: HOMES
183 Total: 147 are pre-foreclosure/short sales/bank-owned (making up 80% of the inventory). Average Pending Price = $540K and Median sales price = $375,000
PENDING: CONDOMINIUMS/TOWNHOMES
46 Total: 39 are pre-foreclosure/short sales/bank-owned (making up 85% of the inventory). Average Pending Price = $126,111 and Median sales price = $120,000
SOLD: HOMES (last 30 DAYS)
42 Total: 18 are pre-foreclosure/short sales/bank-owned (making up 46% of the inventory). Average SOLD Price = $666,469 and Median SOLD price = $415,000
SOLD: CONDOMINIUMS/TOWNHOMES
11 Total: 6 are pre-foreclosure/short sales/bank-owned (making up 55% of the inventory). Average SOLD Price = $143,286 and Median SOLD price = $138,000
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: Statistics, Windermere
