For the month of April, Celebration had 28 sales, the exact same number of sales in March. Of these sales, 50% were distressed sales, either bank-owned or short sales. 68% of all closings last month were cash transactions which continues to be very high. The highest priced property sold was $415,000, the lowest price property sold was $73,200 and the median price for the month was $164,100. The ability for buyers to obtain financing continues to be challenging due to stricter underwriting guidelines by the banks. The average 30-year fixed rate mortgage remains near 4%, historically low! However, properties continue to sell quickly if priced for today's market. The number of listings has decreased greatly to 98 and pending sales have decreased to 87. This is a great time to buy a home in Celebration. Call me at 407-467-5151 or email to keith@keithkropp.com
ZIP Code: 34747 Approximate Location Boundaries: East of I-4 and South of SR192
Location Characteristics: The beautiful and timeless Neo-Tradtional community built by The Walt Disney Company continues to be a magnet for families and people of all ages and backgrounds. Pre-1940's architecture, a downtown of shops and restaurants, a hospital with fitness center, schools, workplaces and so much more in a walkable, welcoming atmosphere. Call me at 407-467-5151 or email to keith@keithkropp.com.
