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.
