Central Florida Real Estate 360 – Keeping You In The Know

Central Florida continued with another strong month in home sales for June 2010.  According to Orlando Regional Realtor Association (ORRA), there were 2,834 closed sales in June 2010.  Nearly 28% higher than June 2009 numbers of 2,220 closed sales.  Our median price rose for the 6th straight month and sits now at $116,000 compared to $102,000 in January 2010.  We are now only a little over 11% below previous year median price which is good news compared to seeing 20% or more in home value declines in our area.  Pending sales are up 33% over June 2009 while inventory levels are 8.56% lower than June 2009.  This gives us a good indicator of future strong sales that should occur in the coming months and hopefully controlled inventory levels.  CLICK HERE to read the full report.

Move in ready home that is NOT a Short Sale or Bank Owned property.  Home features a large partially fenced back yard with mature trees, flexible floor plan layout by either utilizing living room/dining room combo and kitchen/family room combo or simply utilize large living area and separate dining room/kitchen combo.  For more information on this property, Click Here. 

Short Sale. Great deal for this Move-In Ready Home. Remodeled in 2006 with new windows, electrical, HVAC, plumbing & siding. Roof was replaced in 2005. Inside utility room. Lot is made up of 3 parcels with possibility to subdivide and obtain additional buildable lot. Buyer responsible to verify with city of Sanford for opportunity to subdivide for possible buildable lot.  For more information on this property, Click Here.