Current real estate market in Windermere, Florida
Published On: August 7, 2012 Posted by: TownsRealty
Windermere, Florida enjoys a great location close to attractions, fine shopping and dining as well as A+ public and private schools. Its within an easy commute to the Orlando International Airport; and Walt Disney World, Universal Studios, and Sea World are just around the corner.
Currently there are 288 properties for sale in Windermere. 266 are single family homes, and 22 are town homes and villas.
Out of 288 properties for sale: 20 properties are short sales, 8 properties are bank owned and 260 properties are regular sales. Regular sales where homeowners are not forced by foreclosure or short sale are higher in number than foreclosure or short sales.
Due to its desirable location and established homeowners, Windermere, FL has only been slightly harmed by the trend of foreclosures and short sales.
In 2011, 696 homes were sold in Windermere, FL. 139 were bank owned and 176 were short sales and 381 were regular sales. 54 percent of the sales were regular sales, 26 percent were foreclosures and 20 percent were short sales.
It shows that 2012 is a better year for Windermere, FL due to a significant decrease in short sales and foreclosures and an increase on regular listings.
The Windermere real estate market has retained its property value and is shaking off the foreclosures and short sales off its back.
If you are looking to buy a property in Windermere, FL now is a great time to take advantage of the low mortgage rates and also Windermere’s great location, great schools, proximity to shopping, dining and entertainment.