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Oviedo, FL Real Estate News

By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 10 bank owned homes for sale in Oviedo Florida and there are also 108 short sale opportunities in Oviedo. Considering there are 108 out of the total 400 properties for sale in Oviedo Florida, which equates to approximately 27% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 108 foreclosures in Oviedo, it just means there are only 108 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date   AVG 1-Jul 8-Jul Properties for sale in the Oviedo, Florida 633 409 400 Foreclosure properties listed since last post 5 5 4 New Non-Foreclosure listings since last post 23 18...
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By Judy Chapman
(Referral Network of Illinois LLC)
Developed between 1987 and 1997, Twin Rivers — one of Oviedo’s largest subdivisions — contains about 1000 homes located on both sides of Lockwood Road and south of Mitchell Hammock Road. Those homes on the east side of Lockwood are nestled inside the Twin Rivers Golf Club with a few enjoying golf course views. Residents are the beneficiary of the city of Oviedo’s Riverside Pool, a Junior Olympic pool open during summer months. Take advantage of swimming lessons, polo teams, and other water activities. Oviedo also runs the nearby Rippin’ Riverside Skate Park and Riverside Park. Enjoy skate boarding, racquetball, tennis, picnic shelters, grills, a playground, and other activities. The community is conveniently located right down the road from the University of Central Florida and Seminole...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 8 bank owned homes for sale in Oviedo Florida and there are also 112 short sale opportunities in Oviedo. Considering there are 112 out of the total 409 properties for sale in Oviedo Florida, which equates to approximately 27% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 112 foreclosures in Oviedo, it just means there are only 112 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date    AVG 1-Jul Properties for sale in the Oviedo, Florida 633 409 Foreclosure properties listed since last post 5 5 New Non-Foreclosure listings since last post 23 18 What's sold...
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By Judy Chapman
(Referral Network of Illinois LLC)
The terms Distressed Sales or Distressed Properties are often used to describe houses facing various stages of foreclosure. Usually, such houses are sold at steeply discounted prices, and because they are, they have a damaging effect on the market value of all the other homes in a given neighborhood or community. The following ‘distressed’ properties have recently been sold as REOs or Short Sales.   Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool ALOMA WOODS 06/26/09 $319,900 $319,900 4 3 2577 Y COUNTRY CHARM 06/22/09 $315,305 $300,000 5 3 3485 N SILVER SPRINGS 06/10/09 $299,900 $260,000 3 3 2517 N HOWARD 06/05/09 $300,000 $300,000 4 2 2729 N SUGARBERRY 06/05/09 $164,900 $162,000 3 2 1408 N ROCK 06/03/09 $199,900 $208,000 5 2 2796 N CANTON 06/02/09 $165,000 $169,000 3 2 185...
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By Judy Chapman
(Referral Network of Illinois LLC)
Short Sales are here to stay. Two years? Three years? Longer? Want proof?     This graph represents all residential sales in Orange and Seminole Counties, the two counties in Greater Orlando where I handle the majority of my business.   Distressed Sales — REO/Bank-Owned Sales and Short Sales — represent 64% of all unit sales in May 2009. This is compared to 12% in January 2008.   See any signs of recovery? Neither do I.   Here’s another chart.     SINGLE FAMILY HOMES SOLD IN ORANGE & SEMINOLE COUNTIES AVERAGE SQUARE FOOT PRICE   Source: Trendgraphix, Inc. and Mid-Florida Regional Multiple Listing Service. Reports based on sales data available for the most recent month of activity.   This represents Average Square Foot Price of Single Family homes sold in these same two counties over the...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 9 bank owned homes for sale in Oviedo Florida and there are also 106 short sale opportunities in Oviedo. Considering there are 106 out of the total 422 properties for sale in Oviedo Florida, which equates to approximately 25% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 106 foreclosures in Oviedo, it just means there are only 106 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date   AVG 3-Jun 10-Jun 17-Jun 24-Jun Properties for sale in the Oviedo, Florida 633 428 435 434 422 Foreclosure properties listed since last post 5 3 3 9 2 New Non-Foreclosure list...
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By Judy Chapman
(Referral Network of Illinois LLC)
The terms Distressed Sales or Distressed Properties are often used to describe houses facing various stages of foreclosure. Usually, such houses are sold at steeply discounted prices, and because they are, they have a damaging effect on the market value of all the other homes in a given neighborhood or community. The following ‘distressed’ properties have recently been sold as REOs or Short Sales.   Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool HEIRLOOM ROSE 6/17/2009 $450,000 $405,000 5 4 4319 N SPRING HEATHER 6/12/2009 $205,000 $186,000 4 2 1917 N SEGO PALM 5/28/2009 $275,000 $276,000 3 3 2574 N FREESIA 5/7/2009 $294,000 $230,000 4 3 2693 N HEIRLOOM ROSE 4/22/2009 $297,500 $294,000 4 3 2954 N HEIRLOOM ROSE 4/20/2009 $166,250 $170,000 4 2 1941 N RUSTIC OAK 4/17/2009 $330...
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A few months ago the Crawford family was like many others in Central Florida, renting while they waited for the opportunity to buy a home.  And then they discovered the Isles of Oviedo, a luxury townhome community with prices starting in the $150s. "All the finishes and upgrades that are standard were very impressive," said Joe Crawford, who along with his wife Leslie and 2 small children chose a Lucinda model.  "Our townhome has a huge kitchen with cabinets that wrap around, granite countertops and tile throughout - that was important to us because kids can ruin carpet in a few months." The Crawfords, who shopped several other communities before choosing the Isles of Oviedo, also liked the Mediterranean concrete tile roof,  2-car garage and the spaciousness of the interior. "We were on...
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By Judy Chapman
(Referral Network of Illinois LLC)
The Average Price per Square Foot for Single-Family Homes in Oviedo, FL dived sharply in November of 2008. Prices have been vacillating ever since, showing only a little further weakening yet also failing to demonstrate any strong signs of recovery. Average Sold Prices are showing a nice ‘little dipper’ in the last 3 months. Only time will tell whether this is the beginning of a recovery or only a temporary upswing. Average For Sale Prices are holding steady with homeowners waiting for a market recovery that may or may not happen. Source: Trendgraphix, Inc. and Mid-Florida Regional Multiple Listing Service. Reports based on sales data available for the most recent month of activity.   In general, homebuyers are searching for bigger and newer houses with upgrades galore, 4 or 5 bedrooms,...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 12 bank owned homes for sale in Oviedo Florida and there are also 113 short sale opportunities in Oviedo. Considering there are 113 out of the total 434 properties for sale in Oviedo Florida, which equates to approximately 26% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 113 foreclosures in Oviedo, it just means there are only 113 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date    AVG 3-Jun 10-Jun 17-Jun Properties for sale in the Oviedo, Florida 633 428 435 434 Foreclosure properties listed since last post 5 3 3 9 New Non-Foreclosure listings since ...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Oviedo, Seminole County, Florida for May 2009.  Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold p...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
To date there are currently 15 bank owned homes for sale in Oviedo Florida and there are also 110 short sale opportunities in Oviedo. Considering there are 110 out of the total 435 properties for sale in Oviedo Florida, which equates to approximately 25% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 110 foreclosures in Oviedo, it just means there are only 110 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date AVG 3-Jun 10-Jun Properties for sale in the Oviedo, Florida 633 428 435 Foreclosure properties listed since last post 5 3 3 New Non-Foreclosure listings since last post 23 18 22 What's sold in Oviedo since last post 8 24 8 Foreclosures in Oviedo since last pos...
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By Judy Chapman
(Referral Network of Illinois LLC)
Built in the 1990s, Riverside at Twin Rivers is located off Chuluota Road (CR-419) and consists of nearly 800 homes developed by Davis, Cambridge, American Heritage, Pulte, and M/I homes builders. Twin Rivers Golf Club is located in the heart of the community. Designed by Joe Lee, the 18-hole championship golf course is set in the middle of 200 acres of state wildlife preserve. Also enjoy the nearby Twin Rivers Preserve, a 32-acre nature area purchased by the homeowners of Twin Rivers and the adjacent subdivision of Alafaya Woods. You never know what wildlife you may encounter, but keep your eye out for gray fox, river otters, white-tailed deer, wild turkeys, bobcats, woodstorks, sandhill cranes, roseate spoonbills, bald eagles, ospreys, and hawks.   Residents can also enjoy a city-run ...
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Accolades abound for the beautiful Torino at The Isles of Oviedo!  The Torino was awarded First Place in the 2009 Parade of Homes in May. The Torino Townhome is a 2,139sq ft Masterpiece with 3 Bedrooms, 2.5 Baths and a 2 car Garage!  All this starting at only $199,900! The Torino has many standard featuresincluding granite kitchen counters, tile throughout the first floor, maple cabinets, and an incredible location adjacent to Oviedo Marketplace, within minutes to a variety of restaurants, shopping, entertainment, 2 minutes to 417 and easy access to 408 and I-4. Hurry out to the Isles of Oviedo and see this model for yourself today! Want the latest updates from Florida builder Centerline Homes? Follow Us on Twitter and Check Out our Corporate Blog for Additional Information Visit our Co...
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By Thomas D
(TMD Technology)
 View our other commercials Welcome to the Isles of Oviedo, Centerline Homes' community of exciting new Central Florida townhomes in Oviedo. These new townhomes are located literally just steps from The Oviedo Marketplace, offering an abundance of shopping and restaurants. The Isles of Oviedo could not have a more convenient Central Florida location with an easy commute to Orlando and all the other great Central Florida attractions. Florida.
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The Isles of Oviedo - Oviedo Florida Townhomes Welcome to the Isles of Oviedo, Centerline Homes' community of exciting new Central Florida townhomes in Oviedo.  These new townhomes are located literally just steps from The Oviedo Marketplace, offering an abundance of shopping and restaurants.  The Isles of Oviedo could not have a more convenient Central Florida location with an easy commute to Orlando and all the other great Central Florida attractions.  Getting around Orlando is easy when you have access to the Florida 408 and the Central Florida Greenway 417 which are only minutes away.  Rest assured you will be close to everywhere you want to be in Central Florida. 
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By Rob Arnold, Metro Orlando Full Service - Investor Friendly & F
(Sand Dollar Realty Group, Inc.)
May was another great month for Orlando and Central Florida real estate deals.  The numbers for our office again came in very strong with 30 closings.  This should be a good sign that the May statistics for the local Realtor association will also be quite positive. Below are just a few of the fantastic deals that Realtors with our office sold last month.       1328 Tall Maple Loop               2857 Corrigan Drive                    301 Drum Lane 1. 339 Broadway Ave, Orlando, FL 32803.  This is a cute downtown Orlando bungalow walking distance from Thornton Park and Lake Eola.  The home was a bank owned REO.  Sold in May for $219,000. 2. 1328 Tall Maple Loop, Oviedo, FL 32765. This is a big 5 bed/3 bath 3000+ sf lovely spacious home in Chapman Lakes subdivision.  Another bank owned fore...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 9 bank owned homes for sale in Oviedo Florida and there are also 108 short sale opportunities in Oviedo. Considering there are 108 out of the total 428 properties for sale in Oviedo Florida, which equates to approximately 25% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 108 foreclosures in Oviedo, it just means there are only 108 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date AVG 3-Jun Properties for sale in the Oviedo, Florida 633 428 Foreclosure properties listed since last post 5 3 New Non-Foreclosure listings since last post 23 18 What's sold in...
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By Judy Chapman
(Referral Network of Illinois LLC)
Located off McCulloch Road just north of the University of Central Florida, the villages of Carillon—for which its symbol, the proud carillon that stands at the Longwood Road entranceway, rings out the hours of the day—is a popular place to live and play. Containing diverse subdivisions, each with their own architectural styles, Carillon includes 800 homes that range from modest to custom-built. Convenient to major employers and key transportation routes like Alafaya Trail and the Greeneway (417) Tollway, many homes offer tranquil conservation and pond views. The community has its own tennis and volleyball courts, playgrounds, and ball fields. Carillon Elementary School is within walking distances for many of its students. Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool Bec...
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By Judy Chapman
(Referral Network of Illinois LLC)
Bounded inside Broadway (SR 419), Central (SR 434) and Mitchell Hammock, the nearly 1000 homes in Kingsbridge East and West straddle either side of beautiful Long Lake, where residents have access the community dock and can enjoy fishing, skiing and other outdoor activities . Built primarily by Centex in the latter part of the 90s, also find custom-built showcase homes along Long Lake. Convenient to all that is Oviedo, including the University of Central Florida, the UCF Arena, the Greeneway (417) Tollway, Oviedo Marketplace, and top employment centers. Add top-rated Seminole County Schools, and homeowners flock to Kingsbridge to enjoy the best Oviedo has to offer. Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool Kingsbridge 5/7/2009 $325,000 $310,000 4 2 2790 N Long Lake 4/...
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