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South West Orlando Market Update

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Wed, Apr 11, 2012 at 10:15AM

 
Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Orlando Southwest. Low rates with falling home prices makes a home purchase a great value! 

Average Home Price $225,000 - 
 
Average Price Compared to Last Year Up 0-5%
 
Average Time on Market 10-30 days
 
Best Selling Price Range $200,000 - $249,000
 
Worst Selling Price Range $100,000 - $149,000
 
Prices As % of Asking Price 95-100%
 
Existing Home Prices for the past 90 days are? Increasing
 
Market Trend Increasing
 
Buyers’ or Sellers’ Market More buyers than sellers
 
Buyer Activity for the past 90 days in Orlando Southwest is Increasing
 
Seller Activity for the past 90 days in Orlando Southwest is? Decreasing
 
Multiple Offers? Yes
 
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 25-30%
 
Is Financing Available For Qualified Buyers? Yes
 
Housing Inventory Limited Supply
 
Greatest Activity Repeat Buyers
 
Reason to Buy/Sell Good economic news
 
Nearest Metro Area Orlando
 
Housing Hot Spots Most cities within the Orange County area are considered ’Housing Hotspots’
 
Average Sold Price $225,000 -

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