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Snapshot of State of the Real Estate Market in Celebration FL

Vanessa BarnesCelebration is a planned development community created by Disney ® In 1996 the first residents moved into town and now there are approximately 9000 residents and over 4000 homes and condominiums. The homes in Celebration are a mix of traditional, coastal, classical, & Mediterranean, all with pre-1940’s architectural designs. The town offers a combination of condominiums, townhomes and single family detached homes. Celebration offers 5 community pools along with numerous parks and playgrounds for the residents to use. Enjoy the miles of walking and bicycle paths throughout the community. Amenities include a public 18-hole golf course designed by Robert Trent Jr., public schools, Montessori schools, tennis courts and state of the art hospital and fitness center. Celebration is truly a place to call HOME.

Celebration offers a combination of condominiums, townhomes and single family homes. Here is a brief snapshot of the current state of the market here in Celebration.

As of November 1, 2011 here are the current Real Estate Statistics in Celebration Florida

There are currently 63 HOMES for Sale listed in our MLS system ranging from $368,000 for a 3 bed/2.5 bath in Lake Evalyn to $5,999,999 Million for a 6 bedroom/5 bathroom home on Eastlawn.

There are 53 Condominiums/Townhomes for Sale in the MLS ranging from $90,000 for a 1 bed/1 bath on Water Street to $469,000 for a 3 bedroom/2.5 bathroom townhome at the Carlyle

ACTIVE: HOMES
63 Total: 6 are pre-foreclosure/short sales/bank-owned (making up 9% of the inventory). Average Sales Price = $1,059,028 and Average DOM = 216
ACTIVE: CONDOMINIUMS/TOWNHOMES
50 Total: 15 are pre-foreclosure/short sales/bank-owned (making up 30% of the inventory). Average Sales Price = $239K. Average DOM = 250

PENDING: HOMES
31 Total: 23 are pre-foreclosure/short sales/bank-owned (making up 74% of the inventory). Average pending price = $551K and Average DOM = 97
PENDING: CONDOMINIUMS/TOWNHOMES
48: Total: 39 are pre-foreclosure/short sales/bank-owned (making up 81% of the inventory). Average pending price = $153K. Average DOM =105

SOLD: HOMES (last 30 DAYS)
17 Total: 8 are pre-foreclosure/short sales/bank-owned (making up 47% of the inventory). Average SOLD Price = $421K. Average DOM = 63, AVERAGE LP/SP Ratio = 96%. Average SP/Sq Ft = $147.70
SOLD: CONDOMINIUMS/TOWNHOMES
7 Total: 3 are pre-foreclosure/short sales/bank-owned (making up 42% of the inventory). Average SOLD Price = $153K & Average DOM = 123, AVERAGE LP/SP Ratio = 96%
Average SP/Sq Ft = $113.02

If you would like Real Estate Statistics for your home in Celebration, please visit: www.celebrationpropertyvalues.com.

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This information may not be reproduced or redistributed without the written permission of Vanessa Franz Barnes LLC/Simply Florida Real Estate with Keller Williams Realty.

Search for Homes at: www.SimplyFloridaRealEstate.com.

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