Winter Park Real Estate Sales in November have continued to climb compared to 2008 and are ahead of last year for the last few months, but not the whole year. Still this is very encouraging as the pace rises where last year at this time it was falling off.
The Number of Total Properties Sold was up 170% in November compared to last year and the Dollar Volume of Sold Listings was up 171%. but the value of those properties was down 48%. This is the most solid performance o the year so far.
In Residential Sales (houses & townhomes) the Number of Properties Sold was up 225% with 13 homes selling compared to 4 last November. The Dollar Volume of Sold Listings was up 209%.
The Number of Properties Sold in the Condominium segment was up 133% compared to last November and the Dollar Volume of Sold Listings was also up, by 117%.
There were no land sales in November, which is the same as last November.
Maybe it’s too early to say that the recession is over in Winter Park. But all of the indications are that the market is improving. Prices have come down and while Buyers still seek out individual bargains, there has definitely been an upsurge in sales. It will be interesting to see what the new year brings.
A full copy of the Winter Park Real Estate Year-to-Date Report is available by emailing me at WinterParkRealEstate.net. You can always see all the MLS listings at PaulLewis.net.
These statistics were compiled from data from the Grand County Board of Realtors and is deemed reliable but cannot be guaranteed.
