Oviedo Real Estate Market Conditions for October 4, 2008

By
Real Estate Agent with Perrone Realty SL3136190

Date

08/30

09/13

09/20

09/27

10/4

Current Properties for sale in the Oviedo, Florida

621

627

633

642

632

Foreclosure properties listed since last posting

3

12

4

4

4

New Non-Foreclosure listings since last posting

17

57

25

17

21

Total properties sold in Oviedo since last post

14

11

8

12

7

Sold Foreclosures in Oviedo since last posting

2

1

0

2

0

Non-Foreclosures sold since last post

12

10

8

10

7

Total properties under contract

98

113

119

110

110

Foreclosures under contract in Oviedo

 

37

39

41

41

Non-Foreclosures pending in Oviedo

 

76

80

69

63

To date, there are now 127 foreclosures within Oviedo, as well as 27 Bank Owned properties currently for sale. The 127 foreclosures equate to 20% of active listings. This has remained constand over the past month and is pretty much the national average. As stated before, the 127 foreclosures does not include properties that are not on the market for sale, and may not be an accurate figure, just as well going to public record and reviewing NOD's (notice of defaults) will not give you an accurate number of properties that are available for sale, because some homeowners may not be in a position to sell, because they may only be 1 or 2 payments behind due to circumstances and intend to resolve their deficiency before the banks begin proceedings.
If you would like a list of the bank owned properties, or the properties currently listed as a foreclosures / short sale opportunity, give me a call. I will be happy to provide a list for you.

Reguarding the properties that sold this week... here they are:

Address Bed Ba Sq Ft Pool Built Listed $ DOM   Sold
947 RICH 3 2 1292   1977 $166,900 21  $166,900
1665 CRACKER CREEK 3 2 1804   1989 $203,500 28  $205,000
5410 ENDICOTT 4 2 1728   1990 $208,900 119  $212,000
5533 LIGUSTRUM 3 2 1779   1998 $213,500 40  $214,800
1343 TWIN RIVERS 3 2 1792   1994 $225,000 21  $219,500
208 EASTON 4 2 1742   Y 1997 $225,000 88  $223,000
2844 STRAND 3 2 2006   2000 $209,900 40  $225,000

 This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Real Estate and Oviedo homes for sale.

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