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

2835 01 0123 1 38 1B 200701 Real Estate Market Numbers for 32835 Metrowest & Veranda Park Area of Orlando

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 %

2835 01 0123 1 38 05 200701 Real Estate Market Numbers for 32835 Metrowest & Veranda Park Area of Orlando

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

2835 01 0123 1 38 06 200701 Real Estate Market Numbers for 32835 Metrowest & Veranda Park Area of Orlando

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

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