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Oviedo Florida Real Estate Market Update 05/28/09

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

To date there are currently 12 bank owned homes for sale in Oviedo Florida and there are also 116 short sale opportunities in Oviedo. Considering there are 116 out of the total 441 properties for sale in Oviedo Florida, which equates to approximately 26% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 116 foreclosures in Oviedo, it just means there are only 116 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.

Date AVG
May
6
May
13
May
20
May
27
Properties for sale in the Oviedo, Florida 633 479 463 446 441
Foreclosure properties listed since last post 5 2 5 4 5
New Non-Foreclosure listings since last post 23 23 17 16 11
What's sold in Oviedo since last post 8 8 12 11 10
Foreclosures in Oviedo since last post 1 0 2 3 2
Non-Foreclosures sold since last post 7 8 10 8 8
What's under contract 86 175 188 195 198
Foreclosures under contract in Oviedo 30 68 70 79 84
Non-Foreclosures pending in Oviedo 54 107 118 116 114


Here are the sold properties from the past week ending 05/28/2009

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

390
ROOSEVELT
SQ
 OVIEDO 32765 3 1 64,900 245 55,125 54.36 B


1053
W RIVIERA
BLVD

 OVIEDO 32765 3 2 199,000 Y 309 192,000 158.29

348
RADISSON
PLACE
 OVIEDO 32765 5 3 349,900 Y 307 325,000 91.96

1319
TWIN
RIVERS BLVD
OVIEDO
32766
3
2
205,000
301
205,000
94.38

1010
DEES
DR
 OVIEDO 32765 3 2 165,000 305 160,000 96.33 F


2931
SWEETSPIRE
CIR

 OVIEDO 32766 3 2 189,900 144 185,000 108.70

4068
PITCH
PINE CIR
 OVIEDO 32765 2 2.5 133,500 538 133,500 99.33

2280
EKANA
DR
 OVIEDO 32765 4 2 259,900 165 220,000 92.24

2389
RIVERDALE
CT
 OVIEDO 32765 4 3 449,900 Y 113 377,000 118.67

2843
SPRING
HEATHER PL
OVIEDO
32766
4
2
210,000
47
200,000
104.38

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Oviedo real estate and homes for sale and Oviedo Foreclosures.

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.

Posted Thursday May 28