Real Estate News and Advice
February 12, 2012
Exclusive Leads In Your Market Get more leads every month with Market Leader!


Search Realty Times
 









Setting goals? Tracking progress? Help has arrived.





NEED HELP?

Click for Live Support


Call: 214-353-6980



  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Celebration, Florida

Reported by Keith Kropp, REALTOR, GRI, ePro

Updated February 9, 2012.

Current Market Rating: 4




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




1
2
3
4
5
Falling

Rising

For the month of January, Celebration had 21 sales, up substantially from the 17 sales in December. Of these sales, only 19% were distressed sales, either bank-owned or short sales. 62% of all closings last month were cash transactions which continues to be very high. The highest priced property sold was $620,000, the lowest price property sold was $110,000 and the median price for the month was $199,900. 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 stood below 4%, historically low! However, properties continue to sell quickly if priced for today's market. The number of listings has decreased to 109 and pending sales have remained stable at 79. This is a great time to buy a home. 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.

For More Information:

View Market Conditions of other areas served by Keith Kropp

Navigate: Top > Florida > Celebration

About Keith Kropp:
27 Years of Real Estate Success in Orlando, Sarasota, Celebration, Dr. Phillips and Windermere, Florida!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines


Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2012 Realty Times®. All Rights Reserved.