One of my favorite Lake Mary communities is Magnolia Plantation. This guard gated community of 500 homes features natural surroundings and one of the areas most challenging golf courses. If you would like more information about Magnolia Plantation, please contact me.
There are currently homes for sale in Magnolia Plantation starting in the mid $400's to over $1.5 million...
There are 39 homes on the market, with the least expensive home listed at $459,900 with 4 bedrooms / 2 baths, 2,251 square feet and a pool.
There are 3 homes under contract and 2 homes sold in March, the sales have been very consistent in this neighborhood and the homes continue to hold there value in this price range.
March Sales:
807 Oakstream Court: 5 Bedrooms / 3 Baths/ 2,771 Square Feet /In-ground Pool / Conservation Lot
Listed: $595,000 Sold: $535,000 189 Days on the market
1057 Walnut woods Place: 4 Bedrooms / 3 Baths / 3,038 Square Feet / In-ground Pool / Golf Course Frontage
Listed: $645,000 Sold: $615,000 37 Days on the market
Please click here for past Magnolia Plantation Market Updates:
March 6, 2008
February 7, 2008
(All sales information and data compiled from the Mid Florida Regional Multiple Listing Service)
If you have questions regarding the market report or would like to talk to us about buying or selling property, please feel free to call, email or instant message us through our website. We are here to help you with all of your real estate needs.
Considering a Move to Central Florida?
Do you want to Buy or Sell a home?
Please contact Cas and Debbie for all of your real estate needs in Seminole County, Lake Mary, Sanford, Longwood, Altamonte Springs, Casselberry, Winter Springs, Oviedo, Winter Park, Maitland, Apopka and Orlando.
407-758-1020 or Debbie@CasAndDebbie.com
Sanford is one of Seminole County's oldest communities with a beautiful lake side historic district to new gated luxury communities. Sanford continues to grow and evolve into a wonderful place to live and work. Minutes from downtown, less than an hour from the theme parks and the beaches... Sanford is a great choice if you are looking for a new community.
There are currently 917 homes for sale in Sanford. Sales are picking up in Sanford with 99 homes currently under contract and 60 closed sales in March, the outlook is getting brighter in this area.
With several new townhome communities with great prices and buyer incentives they are leading the way for sales. If you are interested in new communities in Sanford and all of Central Florida... please contact me.
Sanford Home Sales Flashback:
February Sales 2008: 31
January Sales 2008: 32
If you want to know what's selling in Lake Mary... You've come to the right place.
As of today there are currently 575 homes (including condos) on the market in Lake Mary. 33 homes sold in Lake Mary in March, one more than in the month of February. There are 62 homes under contract, the amount of contracts that have been written is continuing to increase and this is a great sign that the local market is strengthening.
I know that everyone, is apprehensive to say that we may have reached the bottom of the market... but like I've said, we won't know until we are on our way back up. I continue to see homes enter the market at competitive prices and those homes go under contract quickly. I wrote a contract with a buyer for a home in Lake Mary last night that has only been on the market 8 days. Sellers please listen to your REALTOR's advice about the current market conditions and what your home's value is in today's market. There are buyers out there looking for homes that are price RIGHT.
Interested in reading past month's market reports for Lake Mary?
March 2008
February 2008
Please note that the dates have changed for the Orlando Street of Dreams at Lake Club. The new opening day is May 10, 2008 and the closing day is June 22, 2008. The homes are open weekly, Wednesday through Sunday from 10 AM to 6PM.
Lake Club is located one half mile south of Lake Mary Blvd. on Markham Woods Road across from Alaqua Lakes.
Please visit The Street of Dreams website for more information.
Welcome back to my monthly market update for Seminole County, Florida.
The question on everyone's mind is have we hit the bottom? it appears that we may have reached the bottom back in January and are now at a plateau. Am I sure that we have hit the bottom and that the market is stabilizing? No one will know when we have reached the bottom until we are on our way back up, but last months sales do look promising...
There are currently 4,816 homes (including condos) on the market in Seminole County. 3,927 homes were sold in the past 12 months and we currently have over a 14 month supply . If no new homes came on the market it would take over 14 months to sell all of the homes that currently make up the inventory.
There were 251 homes sold by REALTORS and documented in the MLS (Multiple Listing Service) in the month of March. These sales reflect an 8% increase over the 208 closings that were recorded in the month of February - A positive sign! There are 478 homes under contract, which is a 9% increase over February too - Another positive sign!
Seminole County Homes Sales Flashback:
January 2008: 187
December 2007: 299
March 2007: 452
March 2006: 722
March 2005: 634
March 2004: 657
March 2003: 531
March 2002: 547
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