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 May 1, 2009 :
There are currently 455 HOMES for Sale listed in our MLS system ranging from $175,000 for a 3 bed/2 bath in Summerport 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 49 Condominiums/Towhomes for Sale in the MLS ranging from $88,000 for a 2 bed/2 bath in Lakeside to $239,875 for a 3 bedroom/2 bathroom townhome in Lake Burden.
ACTIVE: HOMES
455 Total: 110 are pre-foreclosure/short sales/bank-owned (making up 24% of the inventory). Average Sales Price = $1.6 Million and Median sales price = $795,000
ACTIVE: CONDOMINIUMS/TOWNHOMES
44 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 51% of the inventory). Average Sales Price = $153,521 and Median sales price = $160,000
PENDING: HOMES
198 Total: 139 are pre-foreclosure/short sales/bank-owned (making up 76% of the inventory). Average Pending Price = $538,153 and Median sales price = $362,500
PENDING: CONDOMINIUMS/TOWNHOMES
47 Total: 36 are pre-foreclosure/short sales/bank-owned (making up 73% of the inventory). Average Pending Price = $131,533 and Median sales price = $125,000
SOLD: HOMES (last 30 DAYS)
44 Total: 18 are pre-foreclosure/short sales/bank-owned (making up 46% of the inventory). Average SOLD Price = $503,448 and Median SOLD price = $320,250
SOLD: CONDOMINIUMS/TOWNHOMES
11 Total: 5 are pre-foreclosure/short sales/bank-owned (making up 63% of the inventory). Average SOLD Price = $141,863 and Median SOLD price = $125,000
If you would like a more in depth Market Analysis for your home, please contact us directly.
We look forward to helping you realize your real estate dreams.
Tags: Statistics, Windermere
