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Oviedo Real Estate Market Update 05/21/2009

This is the market information regarding Oviedo, located in Seminole County Florida.

To date there are currently 15 bank owned homes for sale in Oviedo Florida and there are also 120 short sale opportunities in Oviedo. Considering there are 120 out of the total 446 properties for sale in Oviedo Florida, which equates to approximately 27% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 120 foreclosures in Oviedo, it just means there are only 120 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.

Date AVG 6-May 13-May 20-May
Properties for sale in the Oviedo, Florida 633 479 463 446
Foreclosure properties listed since last post 5 2 5 4
New Non-Foreclosure listings since last post 23 23 17 16
What's sold in Oviedo since last post 8 8 12 11
Foreclosures in Oviedo since last post 1 0 2 3
Non-Foreclosures sold since last post 7 8 10 8
What's under contract 86 175 188 195
Foreclosures under contract in Oviedo 30 68 70 79
Non-Foreclosures pending in Oviedo 54 107 118 116

Here are the sold properties from the past week ending 05/21/2009

Address City Zip Beds Baths List $ Pool DOM Sold $ SP/SqFt F/B

3650
HOLLYWOOD
PL
 OVIEDO 32766 5 3 390,000 Y 356 360,000 116.92

5276
ROCKING
HORSE PL
 OVIEDO 32765 4 2.5 160,000 191 160,000 84.93 F

2457
SOUTHERN
HILLS CT
 OVIEDO 32765 3 2.5 249,900 60 225,000 84.21 B

5482
RUTHERFORD
PL
 OVIEDO 32765 3 2.5 202,380 40 188,380 99.57

208
ROBIN
LEE RD
 OVIEDO 32765 4 3 334,900 Y 10 340,000 119.97 B

1979 SUMMER CLUB
APT 105 DR # 105
OVIEDO
32765
2
1
39,900
1
47,000
53.96
B

546
W ARTESIA
ST
 OVIEDO 32765 4 2 190,000 Y 245 194,000 96.33 F

1002
OLLIFF
WAY
 OVIEDO 32765 3 2 119,900 135 120,100 86.22 F

513
YORKSHIRE
DR
 OVIEDO 32765 4 2 300,000 Y 74 285,000 117.87

490
WELLESLY ST
 OVIEDO 32765 5 2.5 280,000 Y 27 270,000 93.07

610 CARRIGAN
WOODS TRL
OVIEDO
32765
4
2.5
174,900
9
177,600
80.98
B

The properties labeled with a "B" stand for Oviedo Bank Owned properties that sold and the property with "F" illustrate a short sale that sold in pre-Foreclosure.

This report provided by Brady Pevehouse, an agent of Perrone

Posted Thursday May 21