Lake Mary Real Estate Weekly Update: 01/31/09
Lake Mary Real Estate Sales
A weekly look at Lake Mary home sales, including the Neighborhood of Heathrow and all the homes in the 32746 zip code. Also, a personal note from me, your Lake Mary REALTOR, about the current market conditions in Lake Mary and Seminole County, Florida. If you have questions about a specific Lake Mary community, click here for details.
Lake Mary Real Estate Snapshot
Lake Mary Homes for sale: 547
Lake Mary Homes under contract: 80
Homes Just Listed in Lake Mary: 17
Lake Mary Homes Sold This Week
|
Sold Price |
Neighborhood |
Original Price |
Days On Market |
Living Area |
Beds / Baths |
Pool |
|
$780,000 |
Heathrow Woods |
$1,345,000 |
949 |
3,983 |
4 / 3.5 |
Y |
|
$473,000 |
Heathrow |
$514,900 |
19 |
2,939 |
4 / 3 |
Y |
|
$432,500 |
Reserve Lake Mary |
$469,000 |
235 |
2,541 |
4 / 3 |
Y |
|
$165,000 |
$224,900 |
166 |
1,660 |
3 / 2 |
N |
|
|
$149,500 |
Greenwood Lakes* |
$147,900 |
11 |
1,558 |
3 / 2 |
N |
|
$90,000 |
Hidden Village* |
$139,900 |
242 |
1,142 |
3 / 2 |
C |
*Foreclosures/Bank Owned Properties (All data derived from the Mid-Florida MLS)
We finished the month of December with Lake Mary home sales, our best week of 2009… I know, it’s only February, but I noticed something that has me feeling optimistic. Last week’s Lake Mary market update reflected that there were 70 homes under contract… Six homes sold this week, therefore last week 14 homes went under contract in Lake Mary – What a way to finish the first month of 2009.
The Factors That Can Be Leading To Increased Home Sales in Lake Mary:
-
Buyers who have been “on the fence” about buying are feeling more confident
-
Home prices are beginning to stabilize, encouraging buyers to move now
-
Interest rates continue to be at the lowest levels in years, making home ownership more affordable than ever – there is an “act now” mentality, before rates go up
If you have questions about buying a home, please contact me for a free Lake Mary home buying consultation – no sales pitch, just a cup of coffee and your questions answered about buying a home in Central Florida.
-Debbie Summers, Lake Mary REALTOR
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