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Oviedo Real Estate Market Update 07/02/09

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

To date there are currently 8 bank owned homes for sale in Oviedo Florida and there are also 112 short sale opportunities in Oviedo. Considering there are 112 out of the total 409 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 112 foreclosures in Oviedo, it just means there are only 112 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.

Date AVG 1-Jul
Properties for sale in the Oviedo, Florida 633 409
Foreclosure properties listed since last post 5 5
New Non-Foreclosure listings since last post 23 18
What's sold in Oviedo since last post 8 15
Foreclosures in Oviedo since last post 1 3
Non-Foreclosures sold since last post 7 12
What's under contract 86 218
Foreclosures under contract in Oviedo 30 97
Non-Foreclosures pending in Oviedo 54 121

Here are the sold properties from the past week ending 07/02/2009

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

1929
SUMMER CLUB
APT 109 DR
 OVIEDO 32765 1 1 29,700 21 29,700 45.21


882
RICH DR

 OVIEDO 32765 3 2 104,460 164 95,750 74.05


1135
SHAFFER TRL

 OVIEDO 32765 3 2 160,000 326 130,000 98.19

750 W
ARTESIA
ST
 OVIEDO 32765 3 2 169,900 80 158,900 84.57 B

5554
LIGUSTRUM
LOOP
 OVIEDO 32765 3 2 172,900 42 168,500 97.12

500
FARMINGHAM
CT
 OVIEDO 32765 3 2 229,000 Y 22 227,500 130.52

645
KING HAROLD
CT
 OVIEDO 32765 4 2.5 279,888 Y 236 265,000 115.02

2680
WILLOW DROP
WAY
 OVIEDO 32766 4 3 299,000 10 283,735 111.71 F

2330
TURNBERRY
DR
 OVIEDO 32765 4 3 313,500 Y 413 308,500 125.05

5712
ALOMA WOODS
BLVD
 OVIEDO 32765 4 3 319,900 Y 230 319,900 124.14 F

865
KINGSBRIDGE
DR
 OVIEDO 32765 4 3 320,000 39 312,500 121.03

800
COUNTRY CHARM
CIR
 OVIEDO 32765 5 3 340,000 270 315,000 88.26 F

5752
OAK LAKE
TRL
 OVIEDO 32765 5 4 545,000 Y 168 432,000 106.04

2205
RUSTIC PINE
TRL
 OVIEDO 32765 4 3.5 549,900 Y 339 400,000 128.78

314
WINDCLIFFE
CT
 OVIEDO 32765 5 4 699,000 Y 25 670,000 172.46

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 Realty specializing in Oviedo real estate and homes for sale and Oviedo Foreclosures.

Posted Thursday Jul 02