Tuesday, July 9, 2013
Friday, July 5, 2013
Thornton Park Update - July 4th, 2013
Welcome back to the latest source of real estate information for the Thornton Park area -
Shelley Peck, PA
Coldwell Banker Residential Real Estate
shelley@shelleypeck.com
Good news from Freddie Mac as it reported that current, average fixed mortgage rates crept down to 4.29% as the holiday weekend approached, after rates jumped last week to 4.46%.
Rates are still at historic lows, and homebuyer affordability remains strong in most parts of the country.
(Click HERE for more information from Freddie Mac-)
Florida buyers may struggle to find homes - as well as financial options: overall, inventory for single family homes remains low.
(Click HERE for more information from Florida Realtors-)
Condos are king around the Thornton Park area: Inventory has not changed too much over the past couple weeks, as one Single Family Home was listed (Lake Como "Orlando Highlands" area) , and three residences closed - all within the Star Tower Condo complex. See chart below for details.
For more information on these properties circling Thornton Park, and others, Click on this link to my Coldwell Banker website, or e-mail me directly at shelley@shelleypeck.com.
For more information on these properties circling Thornton Park, and others, Click on this link to my Coldwell Banker website, or e-mail me directly at shelley@shelleypeck.com.
Shelley Peck, PAColdwell Banker Residential Real Estate
shelley@shelleypeck.com
Tuesday, June 18, 2013
Welcome to Thornton Park Update - !
Thornton Park is actually a very small area of homes (Smaller than even locals realize!) tucked into an established and eclectic corner of Downtown Orlando. See the "flag-shaped" area actually platted as Thornton Park below:
The surrounding area features well-known parks and shopping, and the Thornton Park neighborhood inhabitants - homeowners and merchants alike - are involved in a number of activities that are anticipated and appreciated by folks throughout Orlando.
Thornton Park Update will include analysis of the real estate activity (Active Listings, Pending Sales, Closings) in the larger area shown by the rectangle between Lake and Bumby Avenues. Lake Lawsona and Ferncreek Neighborhood includes the area outlined in green on the map, and it will be part of this Real Estate Update, also -
Some Links to know:
www.thorntonparkdistrict.com - Merchant activities in Thornton Park
www.thorntonpark.org - Thornton Park Neighborhood Association website/calendar
https://sites.google.com/site/lawsonaferncreekneighborhood/home - Lake Lawsona Fern Creek Historic Neighborhood Association
Thornton Park Area Real Estate: Recent Activity : 4 June 2013 - 18 June 2013:
Over the past two weeks there has been some decent real estate activity in the neighborhoods. One new Pending Sale has been added to give a total of three pending closings in the Thornton Park area, plus three residential listings:
Status List Price Address Sq Ft Bedr Bath Property Style
PNC 129,900 915 MAYFAIR CIR 1154 2 1 Single Family Home
ACT 395, 101 101 S EOLA DR # 612 1255 2 2 Condo
ACT 172,500 101 S EOLA DR # 6 644 1 1 Condo
ACT 299,000 204 N BROWN AVE 1144 2 2 Single Family Home
Even with the abbreviated number of condominiums included in the neighborhood mix, it is evident that the most movement is in that niche. Still you can see Active, Pending, and Sold Single Family Residences appearing on the market, recent closing numbers (for past two weeks) are below:
Status Sold Price Address Bedr Bathr Sq Ft
SLD 190,000 530 E CENTRAL BLVD # 803 2 2 1338
SLD 350,000 101 S EOLA DR # 1121 2 2 1198
SLD 190,000 530 E CENTRAL BLVD # 303 2 2 1390
SLD 156,000 530 E CENTRAL BLVD # 602 1 1 983
SLD 485,000 32 N HILLSIDE AVE 4 3.1 2699
Buying, selling, or financing a condominium is a more challenging transaction than for a single family home, but clearly the market for condominiums in Orlando's Downtown is strengthening.
Shelley Peck, PA
Coldwell Banker Residential Real Estate
407.760.1468
Subscribe to:
Posts (Atom)