The following are the market sales statistics for College Park, Orlando, Orange County, Florida for December 2011. College Park is made up of the zip code of 32804 in the City of Orlando.
There needs to be a disclaimer here. These stats are only telling us what it being purchased and happening at a certain period in time. It needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.
23 homes were sold in the month of December with an average sales price of $214,526. Of these, 5 were bank-owned and 6 were short sales. That means that approximately 52% of the homes sold were ‘normal’ sales.
For information on College Park and Orange County real estate and College Park and Orange County homes for sale in addition to College Park and Orange County relocation contact Marc Grossman, your College Park and Orange County Realtor @ 407-463-1034. Additional information is available for Seminole County real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker