Orlando Regional REALTOR® Association

8/14/2019 Orlando Regional REALTOR Association

1/16

* Pre-foreclosure and Foreclosure homes

271

15,512

13

$150,000

$181,512

24 114

-$43,866

-$12,393

Avg Days Listing to Closing

Beds / Baths

OriginalList to Sale Price - $

Final List to Sale Price - $

OriginalList to Sale Price - %

FinalList to Sale Price %

Days on the MarketAvg Days Listing to Contract

Combined Avg Days to Contract

6

2

9,914

Average Bedrooms

Average Full Baths

Average Half Baths

Square Footage

Average Square Feet 2,038

Average Price

Median Price

Price DifferencesOriginal to FinalList Price

TotalSales

Active Listings

Sale Price

$237,771$193,905

Months of Inventory

List Price

Average Original List PriceAverage Final List Price

$500K to $1M5

1,497

69

28

0 1

44

$933,285$697,865

$675,000

119

$4,000,000

$3,000,000

$3,000,000

-$4,350,000

$679,105

-$235,420

1228181

5

-$5,350,000

-$1,000,000

35.93%

75.00%

189

$8,350,000

9 71,431 1,032

1

817

01

224

9,493

19

1,394

$250K to

$300K

$426,479 $486,267

16

1,506

6

805

38

$302,416

1

Orlando Regional REALTOR AssociationMonday Morning Quarterback - 09/20/2009 - 09/26/2009

Lake, Orange, Osceola & Seminole Counties

Single Family Homes

10 17 22

$353,431$160,413$139,642 $285,337

-$56,259 -$27,996 -$50,934 -$254,180

3 3

$435,333

160 149 159 170

116 113 95

162 157 145 230

1

2 2

0 0 0 0

3 4 4

82.55%

94.83%

-$7,225

76.34%

93.61%

88.90%

94.22%

3

44

72.77%

97.31%

-$16,487 -$15,140

79.32%

95.72%

-$15,117 -$18,760

96.64%

89.53%

4

161 133

171 229216 333

4

188

3,992

$132,417 $268,850 $338,291

-$20,771 -$17,079 -$73,048

$328,950$134,500

Under $250k

0

1,820 2,467 3,041 3,188

Over $1M

$400K to

$500K

-$33,566 -$88,188

$270,000

-$35,817

$421,500

31

$450,450

$300K to

$400K

Distressed * / Bank Owned

Distressed * / Bank Owned 1,700 1,150 11104 3735 74

19 105 2 5 1 2 1

Page 1 of 16


2/16



Single Family Homes

Weekly Sales

271

241225

298 309

330

242

300

254

414

217

268

301

378

348

180

276

271

100

150

200

250

300

350

400

450

500

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units

Period Average - 285

Sale Prices

$125

$175

$225

$275

$325

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Thousands

Orig List Price Final List Price Sale Price Median Price

Page 2 of 16


3/16



Single Family Homes

Foreclosure Sales

172525

12

242325

17

3225

1814

242618

16

2723

97

122

48

129

114

90

67

61

124

71

83

70

8684

66

62

90

100

0

20

40

60

80

100

120

140

160

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

U

nits

Distressed Bank-owned

Percentage of Sales

0%

10%

20%

30%

40%

50%

60%

70%

80%

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

BankOwned Distressed Other

Page 3 of 16


4/16



Single Family Homes

Average Days on Market

80

100

120

140

160

180

200

220

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Days

Listing to Contract Combined Days - Listing to Contract Listing to Closing

Total Actives

1702618291 17843

18090

17512 17404

15512

15569

15634

15815

16012

16200

1625116363

16566

167831684816934

14,000

15,000

16,000

17,000

18,000

19,000

20,000

21,000

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units

Period Average - 16,703

Change since Jan 1: -29.08%

Page 4 of 16


5/16



Single Family Homes

Active Foreclosures

1150 11501188112410721203 1168 1105 1066 1047 1044 1028 1034 1002

1119959 953 948

1697 17001536

17291754

2103

177217821819175918271842

20272075

16471893

19241952

500

1,000

1,500

2,000

2,500

3,000

3,500

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units


0%

5%

10%

15%

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

BankOwned Distressed

75%

80%

85%

90%

Other

Percent of Actives

Page 5 of 16


6/16



Single Family Homes

Bank Owned,

7.41%

other, 81.63%

Distressed*,

10.96%

Actives

Bank Owned,

42.07%Distressed*,

8.86%

other, 49.08%

Sales

* Pre-foreclosures and Foreclosed

Page 6 of 16


7/16



ZipCounty / City

Altamonte Springs (East)Casselberry

Winter Springs / TuskawillaAltamonte Springs / Forest City

Fern Park / CasselberryLake Mary / Heathrow

Longwood (East)Oviedo / Chuluota

Sanford / Lake ForestSanford (South)

Orange CountyApopka / Hunt Club

Apopka (North)Winter Park (West)

Winter Park (East) / AlomaZellwood

ColonialtownCollege Park

Washington ShoresDelaney / Crystal Lake

Azalea ParkPine Hills / Rosemont

Pinecastle / Belle IsleLockhart

Orlo VistaConway

Union ParkHiawassee

Williamsburg / Lake BryanVentura

Taft

Rio Pinar / Union Park

3.0 2.0

3.0$149,860

$112.95

2.0$150,000 1.0 $151.21

$98.601,328

1,919

$97.11$134.21$108.67$78.14

1,5441,1171,380

3.0

3.04.0

2.02.0

1.02.0

2.01.0

2.0

$123.50

$98.12

1,2132.0

$101.82$106.27

1,5281,4731,411

$99.17

$96.72

1,893 $79.23

1,512

1,550$98.75

3.0

3.0

4.0

3.0

4.0

3.0

AverageList Price

$149,940

$149,925$149,975

$149,950$150,000

$149,925$149,950

$149,900

$149,9673

1

Available

45

4

2

44

2

5

3

3

2

6

10

1

3

2

2.03.02.02.0

2,3301,3231,432

2.03.03.0

3.03.0

4.0

4.03.03.0

3

32817

$124.25$111.671,342$95.24

1,207

1,574

1

511

4

2

32821

32803

3280632807

32804

32818$150,000

$149,92032824

$149,867$150,000

$149,940$149,973

$150,000

AverageBeds

3.4

3.0

$150,000

4.0

3.0

$149,950

3.0

4.0$104.71$74.76

$134.08992

1,118

2,006

$64.38$113.38

$95.18$78.74

2.0

$84.27

$100.44

1,520

1,493

$149,914$149,970

$149,9337

32825

32822 $150,000

$149,960

19

8

Seminole County

32714

32746

3270132707

32730

327082.0

1.9

2.0

2.0

2.0

2.0

2.0

Baths

2.0

$98.91$97.98

1,516

2.0

2.0

Where are the 356 Single Family Homes available for the Median Price of $150000?

CodeAverage

SqFt

1,630

Average List $per SqFt

$92.02

$86.96$99.19

1,724

1,518

1,327 $112.981,512

1,531

1,779

2.0

2.0

1,5761,905

32792

2

32808

32805

32809

3281132810

32812

32712 3.0$149,9437

3.044.0

32773

$149,944

$149,80016

3.01$149,975$149,900$149,91732750

32798

32771

32789

32703

32766

2.02.0

2.02.0

$149,900

1.0

2.0

1418 $149,975

3.23.0

Page 7 of 16


8/16



ZipOrange County (cont'd)

Research ParkLake Nona

Waterford LakesUnion Park / Chickasaw

Moss ParkWedgefield

Metro West / Orlo VistaHunters Creek

GothaOcoee

WindermereWinter Garden / Oakland

Osceola CountyKissimmee (Central)

Kissimmee / Buena Ventura LakesKissimmee (East)

Kissimmee (West) / Pleasant Hill

Kissimmee / CelebrationKissimmee / Poinciana

KissimmeeSt Cloud

St Cloud / NarcoosseeSt Cloud / Canoe Creek

Code Available List Price

2.0

2.0

Average

3.0

$149,900$149,963

$149,925

4.03.0

723

1318

10

3.7

4.0

2.0

2.0

2.0

2.03.0

3.02.0

2.3

1.0

2

3.0

3.0

3.0

3.03.03.0

3.02.0

2

6

$149,950

61

$150,000

$149,925

$150,0004

321334772

3476934771

34759 $150,000$150,000

4.03.0

$101.641,475

34761

32833

32827328283282932832

32835

$124.921.0$97.721,534

per SqFt$118.301,2682.0

4.0 2.02.0

2.02.0

BathsAverage Average

Beds

$89.45

$59.59$105.41

2.0

$75.70

2.0

1,295

1,423

4.03.04.0

3.0

1,6091,431

SqFtAverage

32826 $150,000$150,000

1

1

1

3.0 2.011

$149,900$150,000

$149,925

3.0

$101.64$101.05

$99.34

34741347433474434746

3474734758

1,194

$104.82$93.18

1,5091,677

$99.341,510

1,4751,484

List $

2.0

$125.63

1,200

4

32837

3478734786

$149,900

48

1

34734

$82.34

1,9381,600

$77.38$93.73

1,821$79.85$71.32

$115.75$69.81

$124.54

2,1482,517

1,2041,981$149,954

3.0

1,878

2.02.0

$149,900$149,950

$149,942$149,967$149,933$149,954$149,906 2,102

Page 8 of 16


9/16



Zip

Lake CountyAstor

Lady Lake / The VillagesEustis (West)Grand IslandEustis (East)Mount Dora

Paisley

Sorrento / Mt PlymouthTavares / Mt Plymouth

Umatilla / Dona VistaClermont (Central)

Clermont (South)Minneola / Clermont (North)

Fruitland ParkGroveland

Leesburg (West)

MascotteLeesburg (East) / Haines Creek

2.0

3.0

2

2.0

3.0

$150,000

32778

$149,971

2

98

5

84

5

32776

34753

5 $149,900

34748

34715

3473634731

34714

32784

32767 1

32159

3275732736

73272632735 2

34788 7

16

6

1

2.03.0

2.0

2.0

$149,900

3.036

$149,933$149,933

$149,907

4.0

15

3.0

3.0

3.0

4.03.0

3.0

4.0

1,745

1,8601,921

$80.61$78.03

1,985 $75.53

1,375 $109.02

$74.59

$85.91

$117.16

$52.41$91.37

$104.51

$82.42

3.0

3.03.0

4.0

2.0

3.0

34711

32102

$149,900

2.0

2.0

2.0

2.02.02.0

3.0

2.02.0

2.0

2.02.0

2.02.0

$111.99

$88.04$84.86

1,280

1,766

1,820

1,6412,010

2,862

1,642

1,424992

1,434

1,586

1,703

$91.30$151.16$105.27

$94.55$89.91

$149,924

$149,960

$149,869

$149,950

$149,967

$149,860$149,933

$150,000

$149,931

$149,929

3

$149,955

1,339

1,668

2.0

Average Average List $

Code Available List Price Beds Baths SqFt per SqFt

Average Average

Page 9 of 16


10/16



* Pre-foreclosure and Foreclosure homes

0

0

$0

00

0.00%

Condos, Townhomes, Villas

118 0

0

206

$329,000

20

Total Under $250k

1

1,204 1,182 1,736

101 99

4,773

02 2

0

Square Footage

0 0 0 0

2,791

Average Half Baths

Average Square Feet

0 0 3 0Average Bedrooms 2 2 00 0 3Average Full Baths

3

0Avg Days Listing to Closing 118 118 177 1280

Beds / Baths

118 0Combined Avg Days to Contract 107 100 784

Days on the MarketAvg Days Listing to Contract 68 66

80.40% 0.00%FinalList to Sale Price % 95.78% 97.88% 96.42% 0.00%69.57% 0.00%OriginalList to Sale Price - % 81.87% 83.56% 81.76% 0.00% 0.00%

-$195,000 $0Final List to Sale Price - $ -$3,541 -$1,542 -$10,000 $0

$0

OriginalList to Sale Price - $ -$17,796 -$14,014 -$60,000 $0 $0 -$350,000 $0

-$50,000 -$155,000

Price DifferencesOriginal to FinalList Price -$14,255 -$12,472 $0

$0Median Price $52,000 $51,831 $269,000 $0 $0 $800,000 $0

$269,000

Sale PriceAverage Price $80,384 $71,210 $800,000

$0 $0 $995,000 $0Average Final List Price $83,925 $72,752 $279,000

List PriceAverage Original List Price $98,180 $85,224 $1,150,000 $0

00

48

Sales

Months of Inventory 12 11 48 20 0

Active Listings 5,399

1

$250K to

$300K Over $1M

$400K to

$500K $500K to $1M0

200 85 87

$0 $0

$0

$0

$0

1530 0

0

$300K to

$400K10

1

0 0 0 0

0 03 1 0 0509 11 3 5Distressed * / Bank Owned 735 516 718

Distressed * / Bank Owned 6 61 6 0 061 0 0 0 0

Page 10 of 16

O l d R i l REALTOR A i i


11/16




Sale Prices

$0

$50

$100

$150

$200

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Thousands

Orig List Price Final List Price Sale Price Median Price

Weekly Sales144

110

8281

130

78

105

54

101

81

98

80 7788

130

45

110101

30

50

70

90

110

130

150

170

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units

Period Average - 94

Page 11 of 16



12/16




Foreclosure Sales

74 66

21

5761

4739

4239 38

58

24

49

25

60

30

42

25

12

3

8

17

69

6 37

4

84

6910

13

5

10

0

10

20

30

40

50

60

70

80

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Un

its


Percentage of Sales

0%

10%

20%

30%

40%

50%

60%

70%

80%

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

BankOwned Distressed Other

Page 12 of 16



13/16




Average Days on Market

50

70

90

110

130

150

170

190

210

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Days

Listing to Contract Combined Days - Listing to Contract Listing to Closing

Total Actives

6863

6432 6292 62416192

6049

7928

5877

6584

6503

6442

5808 57685691

55515623

5466

53995,100

5,400

5,700

6,000

6,300

6,600

6,900

7,200

7,500

7,800

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units

Period Average - 6,039

Change since Jan 1: -31.48%

Page 13 of 16

Orlando Regional REALTOR Association


14/16




Active Foreclosures

516523527482

465410423425442444

459453470474463472487494

735764759 736712

1130

779807846839

895919

803

9841016102110331051

200

400

600

800

1,000

1,200

1,400

1,600

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

Units


70%

75%

80%

85%

Other

0%

5%

10%

15%

20%

5/24 5/31 6/7 6/14 6/21 6/28 7/5 7/12 7/19 7/26 8/2 8/9 8/16 8/23 8/30 9/6 9/13 9/20

BankOwned Distressed

Percent of Actives

Page 14 of 16



15/16




Distressed*,13.61%

Bank Owned,

9.56%

other, 76.83%

Actives

Bank Owned,

60.40%Distressed*,5.94%

other, 33.66%

Sales

* Pre-foreclosures and Foreclosed properties

Page 15 of 16



16/16



ZipCounty / City

Seminole CountyWinter Springs / Tuskawilla

Altamonte Springs / Forest CitySanford (South)

Orange CountyOrlando (Downtown)

ConwaySand Lake / Bay Hill

Metro West / Orlo VistaPine Castle / Edgewood

Osceola CountyKissimmee (Central)

Kissimmee / Buena Ventura Lakes

Available

2.02.032708

32714

Code

$52,500

$52,000

Where are the 13 Condos, Townhomes, and Villas available for the Median Price of $52000?

Average

4

per SqFt

1

3.0

List $

32773 1

7 $52,1291.0

4.0$52,500

2.3

2.0

1.0

2.0

$41.60

$48.82

1,250$47.29

1,063

1,105

2.0

1,077

992

$48.75$52.05$52.42

1 $51,900

$52,0003281932835 1

34743

32839

234741 1

1

2.0

32.01 $52,000 9991.0

32801 132812

2

List Price$51,975

$51,5002.03.0

AverageBeds

2.8

1,266

AverageBaths

2.0

AverageSqFt1,279

1.7

2.0

$52,500

$51,950

$81.40645

$49.95

$29.69

$53.98

$40.65

$40.68

966

1,768

1,040

2.0

1.5$52,250

$52,500

2.52.0

2.0

3.0

1.0 960 $54.69

Page 16 of 16

Orlando Regional REALTOR® Association

Documents

Transcript of Orlando Regional REALTOR® Association