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Celebration Florida Real Estate Statistics May 1, 2011

Monday, May 9th, 2011

As of May 1, 2011

There are currently 67 HOMES for Sale listed in our MLS system ranging from $234,900 for a 3 bed/2 bath in South Village to $5,999,999 Million for a 6 bedroom/5 bathroom home on Eastlawn.

There are 52 Condominiums/Townhomes for Sale in the MLS ranging from $90,000 for a 1 bed/1 bath on Water Street to $499,888 for a 3 bedroom/2.5 bathroom townhome at the Carlyle

ACTIVE: HOMES 
67 Total: 9 are pre-foreclosure/short sales/bank-owned (making up 13% of the inventory). Average Sales Price = $930K and Average DOM = 189
ACTIVE: CONDOMINIUMS/TOWNHOMES  
52 Total: 14 are pre-foreclosure/short sales/bank-owned  (making up 30% of the inventory). Average Sales Price = $226K. Average DOM = 233

PENDING: HOMES 
48 Total: 32 are pre-foreclosure/short sales/bank-owned (making up 70% of the inventory).  Average pending price = $479K and Average DOM = 133
PENDING: CONDOMINIUMS/TOWNHOMES  
66: Total: 56 are pre-foreclosure/short sales/bank-owned  (making up 80% of the inventory). Average pending price = $151K. Average DOM =140

SOLD: HOMES (last 30 DAYS)  
14 Total: 4 are pre-foreclosure/short sales/bank-owned (making up 30% of the inventory). Average SOLD Price = $477K. Average DOM = 212, AVERAGE LP/SP Ratio = 93.43%

SOLD: CONDOMINIUMS/TOWNHOMES  
20 Total: 13 are pre-foreclosure/short sales/bank-owned  (making up 70% of the inventory). Average SOLD Price = $162K & Average DOM = 93, AVERAGE LP/SP Ratio = 94.79%

If you would like a specific Market Analysis for your home, please visit: www.Celebrationpropertyvalues.com  

Simply All About You!

This information may not be reproduced or redistributed without the written permission of Vanessa Franz Barnes LLC/Simply Florida Real Estate.

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Celebration, Florida Statistics for March 1, 2011

Wednesday, March 2nd, 2011

As of March 1, 2011

There are currently 80 HOMES for Sale listed in our MLS system ranging from $209,000 for a 4 bed/3 bath in North Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 75 Condominiums/Townhomes for Sale in the MLS ranging from $75,000 for a 1 bed/1 bath in Georgetown to $519,000 for a 3 bedroom/2.5 bathroom townhome at the Carlyle

ACTIVE: HOMES 
80 Total: 12 are pre-foreclosure/short sales/bank-owned (making up 15% of the inventory). Average Sales Price = $825K and Median Price – $582K. Average DOM = 209
ACTIVE: CONDOMINIUMS/TOWNHOMES  
75 Total: 28 are pre-foreclosure/short sales/bank-owned  (making up 37% of the inventory). Average Sales Price = $206K. Average DOM = 198

PENDING: HOMES 
38 Total: 26 are pre-foreclosure/short sales/bank-owned (making up 68% of the inventory).  Average pending price = $494K and Median pending price = $399K. Average DOM = 153
PENDING: CONDOMINIUMS/TOWNHOMES  
59: Total: 53 are pre-foreclosure/short sales/bank-owned  (making up 89% of the inventory). Average pending price = $156K. Average DOM =132

SOLD: HOMES (last 30 DAYS)  
14 Total: 5 are pre-foreclosure/short sales/bank-owned (making up 35% of the inventory). Average SOLD Price = $451K. Average DOM = 115

SOLD: CONDOMINIUMS/TOWNHOMES  
21 Total: 11 are pre-foreclosure/short sales/bank-owned  (making up 52% of the inventory). Average SOLD Price = $180K.  Average DOM = 88

If you would like a specific Market Analysis for your home, please click here http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH

It is Simply All About You!

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Celebration, Florida Statistics for February 1, 2011

Wednesday, February 2nd, 2011

As of February 1, 2011

There are currently 85 HOMES for Sale listed in our MLS system ranging from $222,000 for a 3 bed/2 bath in North Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 80 Condominiums/Townhomes for Sale in the MLS ranging from $75,000 for a 1 bed/1 bath in Georgetown to $519,000 for a 3 bedroom/2.5 bathroom townhome at the Carlyle

ACTIVE: HOMES 
85 Total: 15 are pre-foreclosure/short sales/bank-owned (making up 18% of the inventory). Average Sales Price = $851K and Median Price – $589K. Average DOM = 217
ACTIVE: CONDOMINIUMS/TOWNHOMES  
80 Total: 35 are pre-foreclosure/short sales/bank-owned  (making up 44% of the inventory). Average Sales Price = $211K. Average DOM = 211

PENDING: HOMES 
41 Total: 28 are pre-foreclosure/short sales/bank-owned (making up 68% of the inventory).  Average pending price = $497K and Median pending price = $360K. Average DOM = 146
PENDING: CONDOMINIUMS/TOWNHOMES  
55: Total: 46 are pre-foreclosure/short sales/bank-owned  (making up 84% of the inventory). Average pending price = $146K. Average DOM =114

SOLD: HOMES (last 30 DAYS)  
11 Total: 4 are pre-foreclosure/short sales/bank-owned (making up 36% of the inventory). Average SOLD Price = $434K. Average DOM = 123

SOLD: CONDOMINIUMS/TOWNHOMES  
11 Total: 3 are pre-foreclosure/short sales/bank-owned  (making up 27% of the inventory). Average SOLD Price = $218K.  Average DOM = 91

If you would like a specific Market Analysis for your home, please click here http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH

It is Simply All About You!

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Celebration, Florida Statistics for January 1, 2011

Saturday, January 15th, 2011

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration, As of January 1, 2011:

There are currently 89 HOMES for Sale listed in our MLS system ranging from $222,000 for a 3 bed/2 bath in North Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 98 Condominiums/Townhomes for Sale in the MLS ranging from $80,000 for a 1 bed/1 bath in Siena to $594,125 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
89 Total: 17 are pre-foreclosure/short sales/bank-owned (making up 19% of the inventory). Average Sales Price = $840K and Median Price – $575K. Average DOM = 232
ACTIVE: CONDOMINIUMS/TOWNHOMES  
98 Total: 49 are pre-foreclosure/short sales/bank-owned  (making up 50% of the inventory). Average Sales Price = $208K. Average DOM = 191

PENDING: HOMES 
34 Total: 24 are pre-foreclosure/short sales/bank-owned (making up 71% of the inventory).  Average pending price = $498K and Median pending price = $346K. Average DOM = 108
PENDING: CONDOMINIUMS/TOWNHOMES  
43: Total: 35 are pre-foreclosure/short sales/bank-owned  (making up 81% of the inventory). Average pending price = $159K. Average DOM =123

SOLD: HOMES (last 30 DAYS)  
13 Total: 5 are pre-foreclosure/short sales/bank-owned (making up 38% of the inventory). Average SOLD Price = $472K. Average DOM = 143

SOLD: CONDOMINIUMS/TOWNHOMES  
11 Total: 7 are pre-foreclosure/short sales/bank-owned  (making up 64% of the inventory). Average SOLD Price = $143K.  Average DOM = 84

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!

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Thinking of Making an Offer on a Short Sale? What You Need to Know

Thursday, November 18th, 2010

If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market. 

A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase.

You’re a good candidate for a short-sale purchase if: 

  • You’re very patient. Even after you come to agreement with the seller to buy a short-sale property, the seller’s lender (or lenders, if there is more than one mortgage) has to approve the sale before you can close. When there is only one mortgage, short-sale experts say lender approval typically takes about two months. If there is more than one mortgage with different lenders, it can take four months or longer for the lenders to approve the sale. 
  • Your financing is in order. Lenders like cash offers. But even if you can’t pay all cash for a short-sale property, it’s important to show you are well qualified and your financing is set. If you’re preapproved, have a large down payment, and can close at any time, your offer will be viewed more favorably than that of a buyer whose financing is less secure. 
  • You don’t have any contingencies. If you have a home to sell before you can close on the purchase of the short-sale property—or you need to be in your new home by a certain time—a short sale may not be for you. Lenders like no-contingency offers and flexible closing terms.

Some of the other risks faced by buyers of short-sale properties include: 

  • Potential for rejection. Lenders want to minimize their losses as much as possible. If you make an offer tremendously lower than the fair market value of the home, chances are that your offer will be rejected and you’ll have wasted months. Or the lender could make a counteroffer, which will lengthen the process. 
  • Bad terms. Even when a lender approves a short sale, it could require that the sellers sign a promissory note to repay the deficient amount of the loan, which may not be acceptable to some financially desperate sellers. In that case, the sellers may refuse to go through with the short sale. Lenders also can change any of the terms of the contract that you’ve already negotiated, which may not be agreeable to you. 
  • No repairs or repair credits. You will most likely be asked to take the property “as is.” Lenders are already taking a loss on the property and may not agree to requests for repair credits. 

There are many pros and cons but we can assist you along the way. If you have the time, patience, and iron will to see it through, a short sale can be a win-win for you and the sellers.

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Celebration, Florida Statistics for November 1, 2010

Thursday, November 11th, 2010

As of November 1, 2010

There are currently 100 HOMES for Sale listed in our MLS system ranging from $219,000 for a 3 bed/2 bath in South Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 110 Condominiums/Townhomes for Sale in the MLS ranging from $79,000 for a 1 bed/1 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
100 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 25% of the inventory). Average Sales Price = $826K and Median Price – $595K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
110 Total: 41 are pre-foreclosure/short sales/bank-owned  (making up 37% of the inventory). Average Sales Price = $232K

PENDING: HOMES 
41 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 61% of the inventory).  Average pending price = $525K and Median pending price = $399K
PENDING: CONDOMINIUMS/TOWNHOMES  
41: Total: 38 are pre-foreclosure/short sales/bank-owned  (making up 93% of the inventory). Average pending price = $150K

SOLD: HOMES (last 30 DAYS)  
12 Total: 7 are pre-foreclosure/short sales/bank-owned (making up 58% of the inventory). Average SOLD Price = $502K

SOLD: CONDOMINIUMS/TOWNHOMES  
7 Total: 6 are pre-foreclosure/short sales/bank-owned  (making up 86% of the inventory). Average SOLD Price = $167K

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!

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Celebration, Florida Statistics for October 1, 2010

Monday, October 4th, 2010

As of October 1, 2010

There are currently 110 HOMES for Sale listed in our MLS system ranging from $245,000 for a 3 bed/2 bath in South Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 120 Condominiums/Townhomes for Sale in the MLS ranging from $67,900 for a 1 bed/1 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
110 Total: 29 are pre-foreclosure/short sales/bank-owned (making up 26% of the inventory). Average Sales Price = $798K and Median Price – $532K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
120 Total: 47 are pre-foreclosure/short sales/bank-owned  (making up 39% of the inventory). Average Sales Price = $226K

PENDING: HOMES 
40 Total: 24 are pre-foreclosure/short sales/bank-owned (making up 60% of the inventory).  Average pending price = $585K and Median pending price = $409K
PENDING: CONDOMINIUMS/TOWNHOMES  
41: Total: 37 are pre-foreclosure/short sales/bank-owned  (making up 90% of the inventory). Average pending price = $155K

SOLD: HOMES (last 30 DAYS)  
11 Total: 4 are pre-foreclosure/short sales/bank-owned (making up 36% of the inventory). Average SOLD Price = $390K

SOLD: CONDOMINIUMS/TOWNHOMES  
12 Total: 7 are pre-foreclosure/short sales/bank-owned  (making up 58% of the inventory). Average SOLD Price = $170K

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!

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Celebration Stats as of September 1, 2010

Saturday, September 4th, 2010

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration.

As of September 1, 2010

There are currently 116 HOMES for Sale listed in our MLS system ranging from $219,000 for a 3 bed/2 bath in North Village to $3.9 Million for a 6 bedroom/6 bathroom home in Aquila Loop

There are 119 Condominiums/Townhomes for Sale in the MLS ranging from $79,000 for a 2 bed/2 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
116 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 22% of the inventory). Average Sales Price = $829K and Median Price – $550K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
119 Total: 41 are pre-foreclosure/short sales/bank-owned  (making up 34% of the inventory). Average Sales Price = $220K

PENDING: HOMES 
42 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 60% of the inventory).  Average pending price = $550K and Median pending price = $397K
PENDING: CONDOMINIUMS/TOWNHOMES  
49: Total: 40 are pre-foreclosure/short sales/bank-owned  (making up 82% of the inventory). Average pending price = $149K

SOLD: HOMES (last 30 DAYS)  
11 Total: 5 are pre-foreclosure/short sales/bank-owned (making up 45% of the inventory). Average SOLD Price = $365K

SOLD: CONDOMINIUMS/TOWNHOMES  
13 Total: 8 are pre-foreclosure/short sales/bank-owned  (making up 62% of the inventory). Average SOLD Price = $200K

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!

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Celebration Stats as of August 1, 2010

Tuesday, August 3rd, 2010

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration.

As of August 1, 2010

There are currently 118 HOMES for Sale listed in our MLS system ranging from $224,900 for a 3 bed/2 bath in North Village to $4.5 Million for a 6 bedroom/7 bathroom home in North Village/Acadia’s

There are 108 Condominiums/Townhomes for Sale in the MLS ranging from $79,900 for a 1 bed/1 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
118 Total: 22 are pre-foreclosure/short sales/bank-owned (making up 18% of the inventory). Average Sales Price = $837K and Median Price – $550K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
108 Total: 36 are pre-foreclosure/short sales/bank-owned  (making up 33% of the inventory). Average Sales Price = $242,156

PENDING: HOMES 
40 Total: 25 are pre-foreclosure/short sales/bank-owned (making up 63% of the inventory).  Average pending price = $544K and Median pending price = $399K
PENDING: CONDOMINIUMS/TOWNHOMES  
52: Total: 42 are pre-foreclosure/short sales/bank-owned  (making up 80% of the inventory). Average pending price = $176,355

SOLD: HOMES (last 30 DAYS)  
6 Total: 2 are pre-foreclosure/short sales/bank-owned (making up 33% of the inventory). Average SOLD Price = $939,750

SOLD: CONDOMINIUMS/TOWNHOMES  
11 Total: 6 are pre-foreclosure/short sales/bank-owned  (making up 54% of the inventory). Average SOLD Price = $170,182

If you would like a specific Market Analysis for your home, please contact us directly.

We look forward to helping you realize your real estate dreams!

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Celebration Stats as of July 1, 2010

Tuesday, July 6th, 2010

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration.

As of July 1, 2010

There are currently 105 HOMES for Sale listed in our MLS system ranging from $238,000 for a 3 bed/2 bath in North Village to $4.5 Million for a 6 bedroom/7 bathroom home in North Village/Acadia’s

There are 104 Condominiums/Townhomes for Sale in the MLS ranging from $84,900 for a 1 bed/1 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
105 Total: 15 are pre-foreclosure/short sales/bank-owned (making up 14% of the inventory). Average Sales Price = $903K and Median Price – $575K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
104 Total: 35 are pre-foreclosure/short sales/bank-owned  (making up 34% of the inventory). Average Sales Price = $248,855

PENDING: HOMES 
43 Total: 29 are pre-foreclosure/short sales/bank-owned  (making up 67% of the inventory).  Average pending price = $557,980 and Median pending price = $429,900
PENDING: CONDOMINIUMS/TOWNHOMES  
50: Total: 43 are pre-foreclosure/short sales/bank-owned  (making up 86% of the inventory). Average pending price = $158,538

SOLD: HOMES (last 30 DAYS)  
16 Total: 6 are pre-foreclosure/short sales/bank-owned  (making up 55% of the inventory). Average SOLD Price = $399,832 (decrease of $65K from previous month)

SOLD: CONDOMINIUMS/TOWNHOMES  
13 Total: 10 are pre-foreclosure/short sales/bank-owned  (making up 63% of the inventory). Average SOLD Price = $163,538

If you would like a specific Market Analysis for your home, please contact us directly.

We look forward to helping you realize your real estate dreams!

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Posted in Celebration, Sellers | No Comments »

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