About Celebration's Celebration Fl General

Celebration Mah Jongg
A fun-filled group who plays the US Wright-Patterson version of Mah Jongg on Wednesdays at 9:30 am and/or 12:30 pm at the Celebration Golf Club. If you're interested in learning or playing please call Earlyn Davidson at 407-566-9647

Celebration Home Statistics For AUGUST 2008

5 homes sold this month

There are currently 422 of the Active, For Sale, properties in Celebration on MLX
180 or 43% are categorized as Single Family Homes
242 or 57% are other (i.e.: condo, townhome, ½ duplex)

Celebration, Florida - August 2008
180 Single Family Homes are currently For Sale, Active
27 Single Family Homes are currently Pending
(Pendings include homes that may be carry-overs from previous months)
5 Single Family Homes Sold

43% of all the listings are Single Family Homes in the Active, For Sale, category.

Of the 180 Single Family Homes ..............

123 do not have pools 68%
57 have pools 32%

11 have water frontage
17 have water views
152 do not have water frontage or views

The least expensive home For Sale is listed for $289,000. It is 1,644 square feet and is a 3 bedroom 2.5 bath home. The home is located in South Village, on Pawstand Road.

The most expensive home For Sale is listed for $3,999,900. It is 6,933 square feet and is a 4 bedroom 4.2 bath home. The home is located in East Village, on Aquila Loop.

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For August 2008 there is a total of 422 properties For Sale, Active.
180 of those properties are classified as Single Family Homes

There are a total of 45 properties Pending from August 01, 2008 to August 31, 2008
27 of the Pending properties are Single Family Homes

8 properties Sold from August 01, 2008 to August 31, 2008
5 of the Sold properties are Single Family Homes

Of the 5 Single Family Homes that Sold from August 01, 2008 to August 31, 2008..........

2 were 3 bedrooms
2 were 4 bedrooms
1 was 5 bedrooms


The most expensive home Sold was $1,050,000
The least expensive home Sold was $410,000

The Mean average List price was $626,580
The Mean average Sold price was $591,800
The Mean average List price per square foot was $235.96
The Mean average Sold price per square foot was $225.54
The Mean average DOM (Days On Market) was 143

The Median average List price was $489,000
The Median average Sold price was $480,000
The Median average DOM was 180

The Mean average Sold price was 96% of the List price.

The Village location of the 05 homes that Sold were:

1 in Artisan Park
3 in East Village
0 in Main Village
0 in North Village
1 in South Village
0 in West Village

There are 422 active properties for sale on the Active list in Celebration.

There are currently 422 of the Active, For Sale, properties in Celebration on MLX
180 or 43% are categorized as single family homes
242 or 57% are other (ie: condo, townhome, ½ duplex),

242 Properties are currently for sale, active
18 Properties are currently pending sale
3 Properties were sold

242 Properties are in the Active, For Sale, category.

Of the 242 Properties..............

40 have 1 bedroom
97 have 2 bedrooms
93 have 3 bedrooms
11 have 4 bedrooms
1 has 5 bedrooms

45 located in Artisan Park
19 located at Carlyle
41 located in Georgetown
7 located in Mirasol
4 located in Mona Lisa
94 located in Other
32 located in Siena

Currently the least expensive Property is a condo for $109,000 (1 bedroom 1 bath in Siena)
and the most expensive Property is a condo for $749,000 (3 bedroom 2.5 bath in Artisan Park) and a townhome for $749,000 (5 bedroom 4.5 bath in Main Village)
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There are a total of 45 properties Pending from August 01, 2008 to August 31, 2008
18 of the Pending Properties are Condo, Townhome, or ½ Duplex

There are a total of 3 properties Sold from August 01, 2008 to August 31, 2008
3 of the Sold Properties were Condo, Townhome, or ½ Duplex

Of the 3 Sold
2 were categorized as villas
1 was categorized as a condo
3 were re-sales
1 located in Artisan Park

1 located in East Village
1 were in Roseville Corner

1 was a 2 bedroom 2 bathroom
2 were 3 bedroom 2 bathroom

The least expensive Property was listed for $279,000 and sold for $250,000.
List price per square foot: $193.75 and Sold price per square foot: $173.61

The most expensive Property was listed for $324,899 and sold for $309,000.
List price per square foot: $187.15 and Sold price per square foot: $178.00

The Mean average Listed price was $307,766
The Mean average Sold price was $273,000
The Mean average Sold price was 89% of the List price
The Mean listed price/sq ft was $192.61
The Mean sold price/sq ft was $170.63
The Mean days on market (DOM) was 101

The Median average Listed price was $319,400
The Median average Sold price was $260,000
The Median average Sold price was 90% of the List price
The Median listed price/sq ft was $193.75
The Median sold price/sq ft was $173.61
The Median days on market (DOM) was 89

Here are the Orlando property market figures for the month of July 2008 as reported by the The Florida association of Realtors 1,436 homes were sold during the month of July.

• 8,387 homes have been sold so far in 2008.
• The number of homes currently under contract is 3,258.
• The median sales price of a home in the Orlando area is $207,500.
• Homes of all types spent an average of 117 days on the market.
• The average home sold for 93.50 percent of its listing price.
• There are currently 24,742 homes available for purchase through the MLS.

And comparisons with July 2007:

• The number of homes sold is 5.77 percent below the total of 1,524 homes sold in July 2007.
• Year to date sales are down by 24.52 percent against last year's number of 11,112.
• The number of homes currently under contract (3,258) is 26.72 percent greater than the number of homes that were under contract in July 2007 (2,571).
• The median sales price for July 2008 is 17.00 percent below the July 2007 median of $250,000.
• Homes of all types spent an average of 117 days on the market before being sold in July 2008, and the average home sold for 93.50 % of its listing price compared with 96.00 and 94.66 %, respectively.
• Compared to last year, the July 2008 inventory level (24,742) is 4.90 percent lower than it was in July 2007 (26,018).

On the face of it, not much to cheer about of you're a homeowner, particularly if you are trying to sell your home now. The only slight glimmer of hope is to be found in the decrease in inventory levels and increase in the number of homes under contract.

On the other hand, if you're a buyer, especially a first-time buyer or an investor, then this could be the right time to buy. It all depends upon your assessment of whether the market has bottomed out or not.

The Galerie restaurant & bar at the Mona Lisa in Celebration Florida

The Galerie restaurant just opened at our new condo hotel Mona Lisa. This is what I had for lunch :) The reataurant looked very much like I would expect to see in London where I am from minus the sunshine :)