Winter Park, FL Real Estate News

By Judy Chapman
(Referral Network of Illinois LLC)
Got a spare $100,000,000? Come to Orlando FL and tour some of the finest homes available anywhere. These palatial mansions come with everything, including -- Boat docks Gourmet kitchens Disco lounges Wine cellars Rotundas Winding staircases Mosaics Detached guest quarters Gourmet kitchens Movie theaters with balconies Koi ponds Dining halls that seat 18 Birdcage elevators Tennis courts Basketball courts Baseball fields Satellite kitchens Waterfalls Fitness centers Infinity pools Aquariums Acreage, privacy, and security Did I mention sunsets?   Location Bedrooms Baths/Half Baths Square Feet List Price Lake Butler Sound, Windermere 13 23 66,800 $100,000,000  Finished $75,000,000 As Is Winter Park 5 5+3 12,000 $20,000,000 Lake Butler Sound, Windermere 5 7+2 9,000 $10,900,000 Butler Chain o...
Comments 4
Open House Today! 2:00-5:00 pm - 1700 Magnolia Avenue, Winter Park, Fl 32789 2006 Custom home on a quiet street with a master bedroom suite downstairs, private home office, gas fireplace in between the formal living & dining rooms, beautiful hardwood floors on 1st floor (which have recently been refinished), kitchen opens to the spacious family room and also includes a large walk-in pantry, breakfast bar, granite counters, & cherry wood cabinets.  Large bonus room upstairs + 3 additional bedrooms, this home also features a 3 car garage, fenced backyard with pool and large patio area for entertaining (convenient location to kitchen & family room). 
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
If you’re trying to sell your house, price it right the first time ... and save yourself a whole lot of time, money, and grief. As a real estate agent who keeps up with the local Orlando FL real estate market on a daily basis, too often I see expired listings that were priced W A Y too high. Below are representative houses that sold in May 2010. 10 Homes Priced Right Original List Price Sold Price Sold to List Ratio Days on Market Subdivision Sales Type $269,000 $258,000 96% 5 WATERFORD CHASE Short Sale $255,000 $245,000 96% 9 VLGWALK AT LAKE NONA Short Sale $259,932 $250,000 96% 5 LIVE OAK VLG None $234,900 $226,000 96% 9 TWIN RIVERS None $299,900 $290,000 97% 60 HEATHROW None $324,900 $315,000 97% 42 BENTLEY GREEN None $349,500 $340,000 97% 7 LAKE FORESTS PARK None $410,000 $399,000 9...
Comments 5
By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for May 2010.  Winter Park is made up of the zip codes of 32789 & 32792.  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 properties di...
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
Located just northeast of Orlando, Winter Park is rich in culture, beautiful houses, and a spirit of community. The suburb is filled with parks, a golf course, lakes, trails, brick avenues, tree-canopied streets, and historic architecture. The Winter Park Chain of Lakes is popular for boating, fishing, and water-skiing. Winter Park is also known for its upscale shopping district along Park Avenue, where strolling along a ten-block stretch of more than 100 shops from national retailers to special boutiques, and featuring hidden courtyards and sidewalk cafés, can become an afternoon outing. Community spirit is also evident in the variety of annual festivals, including the Bach Festival and the Sidewalk Art Festival. Its eight square miles encompass lovely old homes and a prestigious liber...
Comments 0
Open House this Sunday 1:00-4:00pm - 1700 Magnolia Avenue, Winter Park, Fl 32789 2006 Custom home on a quiet street with a master bedroom suite downstairs, private home office, gas fireplace in between the formal living & dining rooms, beautiful hardwood floors on 1st floor (which have recently been refinished), kitchen opens to the spacious family room and also includes a large walk-in pantry, breakfast bar, granite counters, & cherry wood cabinets. Large bonus room upstairs + 3 additional bedrooms, this home also features a 3 car garage, fenced backyard with pool and large patio area for entertaining (convenient location to kitchen & family room).
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
In the Winter Park luxury real estate category (houses prices $750.0 and up), Active Listings represent 83% of the market while Properties Sold within the last 30 days represent less than 5% of the market. Of the Winter Park properties,  18 are Distressed Properties, that is Short Sales and Bank-Owned. Active - 11 or 7.5% Pending - 4 or 18% Sold - 3 or 37.5% Winter Park is bucking the trend that affects most of Orlando, where 65-70% of sales are distressed properties. Winter Park Luxury Properties ($750.0 and up) Inventory as of 5/28/10     There is a wider disparity in the List-to-Sales-Price Ratio for the Winter Park luxury real estate market than the Orlando market overall, which averages 93 - 97%. This can mean 2 things ~~ Luxury Homesellers are pricing their properties much higher ...
Comments 0
Open House Today! 1:00-4:00 pm - 1700 Magnolia Avenue, Winter Park, Fl 32789 2006 Custom home on a quiet street with a master bedroom suite downstairs, private home office, gas fireplace in between the formal living & dining rooms, beautiful hardwood floors on 1st floor (which have recently been refinished), kitchen opens to the spacious family room and also includes a large walk-in pantry, breakfast bar, granite counters, & cherry wood cabinets.  Large bonus room upstairs + 3 additional bedrooms, this home also features a 3 car garage, fenced backyard with pool and large patio area for entertaining (convenient location to kitchen & family room). 
Comments 1
By Judy Chapman
(Referral Network of Illinois LLC)
Are you a Home Buyer who has your eye on purchasing a luxury home in the Orlando/Central FL area? Are you a Home Seller who wants to sell your Central FL luxury home? Then I have news for you. Buyers will like it. Sellers ... not so much. Data includes all properties sold for $750,000 and up While average list prices for luxury homes have steadily increased over the last 14 months, average sold prices go up and down from month-to-month while never quite reaching that rock-steady green line known as Asking Price. Another evaluation of statistics over the last 12 months reveals — Properties listed below $1 million sell for 95% of list price Properties listed above $1 million sell for 85% of list price These gaps between Seller Highs and Buyer Lows say something loud and clear: Luxury-Home...
Comments 0
By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for April 2010.  Winter Park is made up of the zip codes of 32789 & 32792.  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 properties ...
Comments 2
By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
    January February March April  May Properties for sale in College Park 230 243 235 239   Foreclosure properties listed since last post 6 8 21 15   New Non-Foreclosure listings since last post 23 25 30 30   What's sold in College Park since last post 8 11 21 30   Foreclosures in College Park since last post 1 6 9 13   Non-Foreclosures sold since last post 7 5 12 17   What's under contract 28 77 84 81   Foreclosures under contract in College Park 34 55 59 58   Non-Foreclosures pending in College Park 24 22 25 23   If you are interested in Oviedo Homes For Sale, please give us  call!
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
Located just northeast of Orlando, Winter Park is rich in culture, beautiful houses, and a spirit of community. The suburb is filled with parks, a golf course, lakes, trails, brick avenues, tree-canopied streets, and historic architecture.   The Winter Park Chain of Lakes is popular for boating, fishing, and water-skiing. Winter Park is also known for its upscale shopping district along Park Avenue, where strolling along a ten-block stretch of more than 100 shops from national retailers to special boutiques, and featuring hidden courtyards and sidewalk cafés, can become an afternoon outing.   Community spirit is also evident in the variety of annual festivals, including the Bach Festival and the Sidewalk Art Festival. Its eight square miles encompass lovely old homes and a prestigious l...
Comments 2
By Judy Chapman
(Referral Network of Illinois LLC)
The day before yesterday, I attended a broker open in Winter Park FL. It was a very posh home, custom built in 2005. It had the architectural detail of bygone eras. The kind of house that would have been constructed in Winter Park a century ago, complete with a coach house above the garage. Yet it also contained all the wonderful artifacts of modern-day living. A dream of lifetime. The homeowners have already moved out. The only personal item of significance remaining was that of an oil painting of the lady of the house, hung in stately resplendence over the fireplace mantel. In a way, the painting had an eerie reminiscence. As if the dreams of that woman had been destroyed, and her life would never again be as good.   On my way back, as I recall, I was looking left for heavy traffic be...
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
Rollins College - Liberal arts education is represented at its best on a charming campus with a deep history of excellence.   Bach Festival Society of Winter Park - Lovers of enduring music will want to attend at least one concert, if not the entire season. And it’s not just about Bach!   Annie Russell Theatre - Named after the British-born stage actress Annie Russell (1864 - 1936) who retired to Winter Park after her career and taught at Rollins Collins, the theatre itself is named on the National Register of Historic Places   Winter Park Library - A library dedicated to its residents, it also has a used book store, meeting facilities, and historical resources about Winter Park that you won’t find anywhere else.   Winter Park Farmers’ Market - What a fabulous way to spend Saturday morn...
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
Just a short walk of one block in the neighborhood of Lake Knowles in Winter Park FL turned up these gems.   A contemporary Florida Keys home on a corner with dormer windows sculpted landscaping.   Tucked in among mature landscaping.   Italianate with arched windows and facade.   Southern Plantation with 2 wings separated by a courtyard pool.   Tree-lined streets with a country feel that’s close to everything.   In a one-block area, several homes were for sale. One was for sale by the owner. Another was a never-occupied REO/Foreclosure property built on-spec by a local builder. Other houses were listed by area agents. Another (not shown) was a teardown/rebuild. Interspersed among the beauties shown above are older, more modest houses, also ripe for teardown possibilities.
Comments 1
By Judy Chapman
(Referral Network of Illinois LLC)
After seeing inventory levels decrease in the luxury end of the Winter Park FL real estate market, inventory is climbing once more. It’s spring, after all. When azaleas bloom, so do For Sale signs.     Months of Inventory shows a sharp decrease, the result of 6 properties having sold in the month of March when only 3 sold in the previous 2 months.   The price differential between Active listings and Sold listings has widened, which means buyers are buying at the modestly price end of the market. This is borne also out by the decline in Price per Square Foot.      
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
While 119 luxury homes in Winter Park PL are currently on the market, only 11 were sold in the last 90 days and 15 have pending contracts. Of this inventory, 11% are distressed sales.      Winter Park FL Sales Statistics (Last 90 Days) Amount Average List Price $1,726,528 Average Sales Price $1,101,914  Average Square Feet 4,578 Average Sold Price per Sq Ft $231 Avg Sale-to-List Price Ratio 92% Avg Months Required to Sell 7  
Comments 0
By Judy Chapman
(Referral Network of Illinois LLC)
Luxurious homes around every corner.   Neo-classical with Corinthian columns.   Contemporary architecture with ranch-style touches.   Neo-Classical with archways and mission-style door.   Two-storey with classic lines and side garage entrance   Mediterranean two-storey and old-world charm   Modern mission architecture.   Private enclave convenient to the best of Winter Park FL   Every house is unique with a style all its own   Archways, porticos, balconies and tile roofs   One of 2 private community centers   Grace and style -- that’s Windsong
Comments 1
1 Lonely Rose in the Winter Park Rose Garden   Lantana and Its Shadow   Water Dripping from Fountain Join the Orlando Digital Photography Group (ODPG) on Meetup and learn how to use your digital camera -- point-and-shoot or digital SLR. Supportive group. Very active. Group meets all over Orlando. Professionals and tyros. Experienced photographers generously reach out to newbies.
Comments 0
By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
Winter Park Living Watch a video clip about "A Day of Luxury in Winter Park, FL"  the Palm Beach of central Florida. Wonderful place to live or visit. http://youtu.be/2stcZzgUaRI Call me about living in Winter Park, and homes available.  Joyce Marsh, (386-299-8291) Follow me on twitter:  www.twitter.com/JoyceMarshHomes    
Comments 0