Oviedo, FL

As of yesterday, Saturday 09/27/2008 there were 642 properties for sale in Oviedo. of those 642 properties 124 of them were listed as needing 3rd party approval and / or are in foreclosure. This equates to 20% of all listed properties are in foreclosure. of the 642, there were also 23 bank owned properties in Oviedo. These properties had already gone through the foreclosure process, and typically are priced at a dollar amount that the bank will accept quite easily and can still be negotiated to an even better deal. So if you are looking for a bank owned deal of a steal, give me a call, and I will be happy to put together the list for you. This past week 12 homes did sell in Oviedo. The Oviedo properties that sold were:

Address	Bed	Ba	Sq Ft	Pool	Built	Listed $	DOM	Sold	% of List Price
1010 BURNETT	3	2	1149	Y	1986	$159,800	23	$150,000	93.9%
1064 KELSEY	3	2	1421		1990	$179,900	13	$173,000	96.2%
9897 ALOMA BEND	2	2	1219		1988	$169,000	12	$179,850	106.4%
996 BIG OAKS	3	2	2126	Y	1990	$199,000	180	$190,000	95.5%
1005 SOLDIER CREEK	3	2	1623		1992	$219,000	52	$210,000	95.9%
3444 GERBER DAISY	3	2	1537		2004	$219,000	86	$215,000	98.2%
1857 MAGIES	3	2	1855	Y	1993	$249,121	60	$245,000	98.3%
1515 HUNTERS STAND	3	2	2108	Y	1993	$299,000	151	$265,500	88.8%
1625 LAKELET	4	3.5	2796		2005	$299,900	15	$292,500	97.5%
1852 SUNNINGDALE	4	2	2385	Y	1990	$339,900	176	$302,500	89.0%
3864 HEIRLOOM ROSE	4	3.5	2607		2005	$334,900	107	$332,500	99.3%
3516 WILD EAGLE	4	3	2977	Y	2001	$519,900	97	$450,000	86.6%

The properties in red signify foreclosure properties that sold the week of 09/21/08 - 09/27/2008.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Florida Real Estate and Oviedo homes for sale.

originally posted on my Central Florida Real Estate Blog

Date	08/23	08/30	09/13	09/20
Current Properties for sale in the Oviedo, Florida	622	621	627	633
Foreclosures properties listed since last posting	122	3	12	4
New Non-Foreclosure listings since last posting	117	17	57	25
Total properties sold in Oviedo since last post	72	14	11	8
Sold Foreclosures in Oviedo since last posting	13	2	1	0
Non-Foreclosures sold since last post	59	12	10	8
Total properties under contract	109	98	113	119
Foreclosures under contract in Oviedo	46		37	39
Non-Foreclosures pending in Oviedo	63		76	80

In total there are now 111 properties that are in some state of foreclosure out of the 633 total properties for sale in Oviedo. This equals 18% of homes / properties for sale are in foreclosure.
There are also 23 (4%) of the 633 properties for sale that are actually bank owned. These properties are not considered in the foreclosure properties since now they are bank owned and do not need 3rd party approval.

If you would like to know more about the bank owned properties or other properties for sale in Oviedo give me a call.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Florida Real Estate and Oviedo homes for sale.

originally posted on my Central Florida Real Estate Blog

Now entering a 3rd consecutive posting, it is beginning to become evident how the market is playing out. This weeks report is just shy of a 1 month analysis, (next week is basically a full month of reports). As of today ~ Saturday 09/13/2008 21% of all properties currently for sale in Oviedo Florida are some form of foreclosure.

That sentance needs repeating, so go back and re-read that..... I'll wait.......
but seriously that is a high figure you would think, right? well believe it or not, it has been stated elsewhere that the approximately 20% is the national average. WOW.. but without going on to much, here are the numbers. be sure to check out my Avalon Park, Waterford Lakes and Eastwood Real Estate postings for other interesting numbers.

Date	08/23	08/30	09/13
Current Properties for sale in the Oviedo, Florida	622	621	627
Foreclosures properties listed since last posting	122	3	12
New Non-Foreclosure listings since last posting	117	17	57
Total properties sold in Oviedo since last post	72	14	11
Sold Foreclosures in Oviedo since last posting	13	2	1
Non-Foreclosures sold since last post	59	12	10
Total properties under contract	109	98	113
Foreclosures under contract in Oviedo	46		37
Non-Foreclosures pending in Oviedo	63		76

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Florida Real Estate and Oviedo homes for sale.

If you want to see the Oviedo properties currently for sale, visit the Oviedo homes for sale link above.

The following are the market sales statistics for Oviedo, Seminole County, Florida for August 2008. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Additionally, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let's put it this way, what's happening in one neighborhood may not be realized in the neighborhood next door.

It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

67 homes sold during the month of August.

The average sales price, which is the total sold volume divided by the number of homes sold is $316,159 with 164 days on the market.

The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $290,000.

The sales to list price ratio, which means that the homes sold for 95% of their list price.

The most expensive home sold for $770,000 in Kenmure and was on the market for 41 days.

The least expensive home sold for $145,000 in Alafaya Woods after 78 days on the market.

The average sales price for the same period a year earlier was $345,573 with 149 days on the market and a sales to list price ratio of 96%.

Condos, Townhomes & Villas

6 homes sold

The average sales price was $133,135 with 160 days on the market.

The median sales price was $120,000.

The sales to list price ratio is 94%.

The most expensive townhome sold for $192,782 in Provenance and was new construction.

The least expensive condo sold for $79,400 in Villas at Lakeside after 110 days on the market.

The average sales price a year earlier was $218,259 with 66 days on the market and a sales to list price ratio of 99%.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole County Realtor @ 407-463-1034. Additional information is available for Seminole County real estate, Orange County real estate, West Volusia County and South Lake County.

To learn more about Marc and the services he has to offer, visit his profile & website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

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