Hojin's SW Orlando Real Estate Scoop

The latest numbers for the real estate market in Orlando from the Orlando Regional Realtor Association were recently released for August 2011 and the most promising figure again proves to be the declining inventory. A shorter supply with level demand typically means prices will increase. Based on the 2,017 sales that took place last month, [...]

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The latest 7 day and 90 day moving averages by Altos Research for the real estate market in Windermere, FL (zip code 34786) show some signs of stabilization with prices leveling off and inventory of homes for sale remaining low. Currently the median price stands at $879,788 and median price per foot at $216/ft. The [...]

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The Dr. Phillips community of Emerald Forest built by Engle Homes has always been a popular community in Dr. Phillips for its convenient location, excellent schools, modern plans with paver driveways. So far in 2011, there been 5 sales with prices ranging from $310,000 to $361,000. The average sales price was $339,200 and median sales [...]

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The community of Marblehead located off Edgewood Ranch Road near the Metrowest area offers spacious lots, modern floor plans, and convenient living. I’ve always thought of this community as a place where you get a lot for your money. So far in 2011, there’s been 6 sales in Marblehead with an average price $218,500 and [...]

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According to Altos Research, the town of Windemere, FL has seen a strong upward trend in median price, asking price per square foot, and average days on market, while the inventory of homes for sale has seen a strong downward trend. The median price is much different than the one reported by Trendgraphix. Altos reports [...]

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The town of Windermere here in SW Orlando has seen a pretty drastic drop in average price per square foot from $211 per foot in January 2010 to $120 a foot in November 2010. I interpret this drop as indicating more lower priced homes are selling versus actually showing price declines. The Windermere real estate [...]

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The Orlando Regional Realtor Association released the latest statistics for the Orlando real estate market today and the numbers show a continuing trend towards a stable market with inventory levels hovering just below 16,000. The number of homes on the market has been around the 16,000 mark for the past 6 months. One concerning statistic [...]

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View Cypress Landing in a larger map The community of Cypress Landing is a popular choice in the Dr. Phillips area for the $400,000 price range and a home around the 3,000 square foot mark. The builder, Reiche Silliman, offered a variety of plans and meandering streets giving it an appeal that’s not commonly found [...]

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Trendgraphix just released their latest number for Orange County Florida and their numbers tell a similar story of improvement like the numbers recently released by the Orlando Regional Realtor Association. While prices are still declining, they’re falling at a slower rate. The number of sales on the other hand have risen 66% compared to the [...]

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The real estate numbers for zip code 34787 known as Winter Garden and Oakland show prices becoming more realistic in the past 12 months. As of the end of February 2009, there’s still 23.3 months of inventory on the market which is a disappointment because the number has been dropping for a while. As we [...]

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