Winter Garden Real Estate Values
Winter Garden is located just a few miles outside of Orlando just South of Lake Apopka and covers quite an extensive amount of land from paradise Heights South to Windermere and Lake Hancock. It covers waterfront and lakefront properties, lots and land for sale as well as condominiums, townhomes and manufactured properties. Currently there are about 1300 homes for sale within the town of Winter Garden priced from $12,000 for lots and vacant land to a beautiful single-family home with over $3 million. Of course there are plenty of homes for sale between that huge range.
Currently the median listing price is about $243,000 and the average listing price is about $338,000 which is down a couple of percent over last month at this time which is normal for this time of the year. The median sales price however is up 15.6% over last year at this time which is equal to $27,750 topping out at $206,000.
Currently we have more foreclosures, bank owned and short sales on the market than owner/seller properties which certainly means that buyers are apt to get a really great deal on a home in Winter Garden.
The median sales price for Winter Garden hit its peak in 2007 topping out at $366,000. It wasn’t until the middle of 2012 that the market really started to turn around and has been creeping upwards over the $200,000 mark since 2013. The lowest price was in 2011 which was at about $180,000. The number of sales hit its peak in 2005 with about 750 sales per month. The lowest was in 2008 over the last 10 years at about 150 homes sold per month. Currently we are at around 200 homes sold each month in the Winter Garden area.
If you’ve been wondering what your value currently is on your Winter Garden home or surrounding communities call me anytime. We can run over some preliminary numbers or I can do a complete an extensive background check to find out exactly what your home would sell for today should you list it. I look forward to speaking with you soon. Image from Local MLS