Hojin's SW Orlando Real Estate Scoop

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Real Estate Market Numbers for 32835 Metrowest & Veranda Park Area of Orlando

March 8th, 2007 · No Comments

The real estate market numbers for this area has been on a decline since July of 2006 with more and more properties coming on the market with many of the properties being condo conversions, condos, and townhomes. While there were 97 sales in July of 2006, the number of sales have been on a steady decline to a current level of only 38 sales in January of 2007 while inventory is at an a high for the past 5 years. I believe the numbers here have been skewed by the tremendous amount of investors with properties, especially condo conversions, on the market.

Number of Homes for Sale vs Sold vs Pended

Date 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07
For Sale 270 311 336 393 425 444 482 514 547 590 600 611 669 659 689
Sold 108 88 48 71 180 107 95 142 97 80 57 63 61 50 38
Pended 104 69 73 54 196 118 92 132 90 70 67 73 56 35 65
Mon of Inv. on Sold 2.5 3.5 7.0 5.5 2.4 4.1 5.1 3.6 5.6 7.4 10.5 9.7 11.0 13.2 18.1
Mon of Inv. on Pended 2.6 4.5 4.6 7.3 2.2 3.8 5.2 3.9 6.1 8.4 9.0 8.4 11.9 18.8 10.6
Avg. Act Price 346 346 328 319 312 326 327 340 335 325 325 319 317 315 314
Avg. Sld Price 275 292 282 301 229 257 242 228 238 223 241 279 236 321 276
Avg. Sq. Ft. Price 182 182 179 181 196 195 189 192 193 182 198 177 172 192 177
Sold/List Diff. % 99 99 98 98 99 99 99 99 98 99 99 98 98 96 97
Median Price 240 243 245 275 182 199 214 190 189 195 206 235 225 239 196
Date 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07
For Sale 270 311 336 393 425 444 482 514 547 590 600 611 669 659 689
Sold 108 88 48 71 180 107 95 142 97 80 57 63 61 50 38
Pended 104 69 73 54 196 118 92 132 90 70 67 73 56 35 65
Mon of Inv. on Sold 2.5 3.5 7.0 5.5 2.4 4.1 5.1 3.6 5.6 7.4 10.5 9.7 11.0 13.2 18.1
Mon of Inv. on Pended 2.6 4.5 4.6 7.3 2.2 3.8 5.2 3.9 6.1 8.4 9.0 8.4 11.9 18.8 10.6
Avg. Act Price 346 346 328 319 312 326 327 340 335 325 325 319 317 315 314
Avg. Sld Price 275 292 282 301 229 257 242 228 238 223 241 279 236 321 276
Avg. Sq. Ft. Price 182 182 179 181 196 195 189 192 193 182 198 177 172 192 177
Sold/List Diff. % 99 99 98 98 99 99 99 99 98 99 99 98 98 96 97
Median Price 240 243 245 275 182 199 214 190 189 195 206 235 225 239 196

Days on Market and Sold/List Price %

Date 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07
For Sale 270 311 336 393 425 444 482 514 547 590 600 611 669 659 689
Sold 108 88 48 71 180 107 95 142 97 80 57 63 61 50 38
Pended 104 69 73 54 196 118 92 132 90 70 67 73 56 35 65
Mon of Inv. on Sold 2.5 3.5 7.0 5.5 2.4 4.1 5.1 3.6 5.6 7.4 10.5 9.7 11.0 13.2 18.1
Mon of Inv. on Pended 2.6 4.5 4.6 7.3 2.2 3.8 5.2 3.9 6.1 8.4 9.0 8.4 11.9 18.8 10.6
Avg. Act Price 346 346 328 319 312 326 327 340 335 325 325 319 317 315 314
Avg. Sld Price 275 292 282 301 229 257 242 228 238 223 241 279 236 321 276
Avg. Sq. Ft. Price 182 182 179 181 196 195 189 192 193 182 198 177 172 192 177
Sold/List Diff. % 99 99 98 98 99 99 99 99 98 99 99 98 98 96 97
Median Price 240 243 245 275 182 199 214 190 189 195 206 235 225 239 196

Average Prices of For Sale and Sold Homes

Date 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07
For Sale 270 311 336 393 425 444 482 514 547 590 600 611 669 659 689
Sold 108 88 48 71 180 107 95 142 97 80 57 63 61 50 38
Pended 104 69 73 54 196 118 92 132 90 70 67 73 56 35 65
Mon of Inv. on Sold 2.5 3.5 7.0 5.5 2.4 4.1 5.1 3.6 5.6 7.4 10.5 9.7 11.0 13.2 18.1
Mon of Inv. on Pended 2.6 4.5 4.6 7.3 2.2 3.8 5.2 3.9 6.1 8.4 9.0 8.4 11.9 18.8 10.6
Avg. Act Price 346 346 328 319 312 326 327 340 335 325 325 319 317 315 314
Avg. Sld Price 275 292 282 301 229 257 242 228 238 223 241 279 236 321 276
Avg. Sq. Ft. Price 182 182 179 181 196 195 189 192 193 182 198 177 172 192 177
Sold/List Diff. % 99 99 98 98 99 99 99 99 98 99 99 98 98 96 97
Median Price 240 243 245 275 182 199 214 190 189 195 206 235 225 239 196

Tags: Market Statistics by Zip Code