Winter Park Real Estate Finally Ahead of Last Year

Winter Park real estate sales were significantly up in August which propelled this year ahead of last year, although by a small margin. Of particular note, the volume of the Residential sector (Single Family Homes & Townhomes) increased dramatically in the Dollar Volume of Sales. The total Number of Sales for all property segments (Residential, Condominiums & Vacant Land) is up 15%, while the Dollar Volume of Sales is up 2%. Average Sale Prices are down 12% for the year but this is still a big improvement compared to 2 months ago. The biggest change was in the highest segment of the market, Residential. The Number of Sales here is down 2%, while the Dollar Volume is down 8% but... Read More →

Winter Park Real Estate Sales Good but Not Great through mid-2013

Winter Park real estate sales have shown a sizable growth in the number of sales but a decline in the dollars of sales through June of this year compared to 2012. This has resulted in a decline in the average sales price. The total Number of Sales for all property segments (Residential, Condominiums & Vacant Land) is up 14%, but the Dollar Volume of Sales is down 3%. Thus the Average Sale Price is down 16% or $56,000. This is primarily due to a decline in the highest segment of the market, Residential. The Number of Sales here is down 16%, while the Dollar Volume is down 22%. So not only has the Number of Sales slipped significantly but the... Read More →