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Are you thinking of buying a piece of Orlando Florida
Real Estate? More than 2,100 homes changed hands in February
2006, a 9% increase over last year. The median price of Orlando
Florida real estate sold in February 2006 dropped slightly
from January 2006 to $241,250.
Orlando Florida real estate, the eighth largest housing
market in the U.S. has been performing extraordinarily well
over the last year. The majority (310) of the detached
existing single-family homes sold in February 2006 fell within
the $200,000 to $249,000 range, as did the condo sales. Orlando
Florida Real estate house price index during the past year
rose 18.6 percent.
The Orlando Florida real estate area reported higher
existing condo sales, but slower sales of single-family homes.
A dramatic increase of about 137%, with the market's median
sales price for condos rising 42 percent to $185,100 and a
year ago $130,400.
In 2005 the Orlando Florida real estate market
has not come close to slowing down. Inventory is on the rise
although not as quickly, and increased by only 951 homes over
January 2006.The majority (310) of the detached existing single-family
homes sold in February 2006 fell within the $200,000 to $249,000
range, as did the condo sales.
The luxury market for Orlando Florida real estate has exploded.
Reports show through July 2005, sales of existing homes priced
at more than $500,000 jumped 86% when compared to the first
seven months of 2004, and that the demand for homes above
the one-million-dollar level continues to rise.
What is the average Orlando home cost? Prices vary
based on the size, amenities and location of the Orlando Florida
real estate property, but the average is in the $240,000 range.
Orlando Florida Real Estate To Consider
- Stoneybrook West / Orlando Florida Real Estate is
a totally planned community in Winter Garden. Starting
with affordable villas, proceeding through a wide variety
of single family homes and culminating with luxury golf
front and lake front estates in the rapidly developing
western Orange County area. Located on Winter Garden-Vineland
Road, homes are ranging from the $300,000's-$750,000's.
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Butler Chain of Lakes / Orlando Florida Real Estate
This premier subdivision located 10 miles from downtown
Orlando on the Butler Chain of Lakes, near Bay Hill. The
800-acre neighborhood has seven miles of lake frontage,
and the six surrounding freshwater lakes are protected
by the state of Florida. A Mediterranean-style clubhouse
and Arnold Palmer designed championship golf course allow
the residents to "live the good life." Real
Estate Homes and Townhouses - range from one to several
million dollars, but the average estimated value of homes
is $7,000,000.00+.
- Keene's Pointe / Orlando Florida Real Estate include
14 distinct villages nestled among the Jack Nicklaus Signature
Golf Course and the exquisite Keene's Pointe Clubhouse,
Lake Tibet-Butler, Lake Burden, community park areas,
nature preserves, and playgrounds. Houses range from the
mid- $300,000's to several million dollars and Homesites
on property starting at the mid-$120,000's.
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Florida Golf's City of the Month
