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        <title>Real Estate Blog</title>
        <link>http://www.leecameronrealtor.com/blog/neighborhoods/</link>
        <description></description>
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            <guid>http://www.leecameronrealtor.com/blog/deer-run-stats.html</guid>
            <link>http://www.leecameronrealtor.com/blog/deer-run-stats.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Deer Run Stats</title>
            <description> <![CDATA[ 

Deer Run is a very large community in Casselberry. With numerous smaller neighborhoods within its borders, you'll find single family homes, condos and townhomes of all sizes and for all prices. Let's take a look at how the market has been for Deer Run recently.


Currently, there are 35 homes listed for sale in Deer Run. The lowest listing price is $68,500 and the highest is $244,800 with an average of $129,377. The smallest listed home is 1,088 square feet, while the largest is 2,692 square feet with an average of 1,534 square feet. Of these 35 homes, 22 are short sales or bank owned properties.


Now let's take a look at how Deer Run has done over the last year.


- There were 42 homes sold in Deer Run in the last year.


- The listing prices for these homes ranged from $55,000 to $245,000 with an average listing price of $129,512.


- The final sold prices for these homes ranged from $45,000 to $230,000 with an average sold price of $125,055.


- Out of those 42 sold homes, exactly half - 21 homes - were short sales or bank-owned properties.


So what does this tell us? Well, the difference between the average listing price and the average sold price in Deer Run is not nearly as big as in many other communities. That means that sellers in Deer Run (and their agents) usually have a pretty good idea of the market and what their home will fairly sell for. These homes are priced to sell and there are plenty to choose from. Deer Run is a wonderfully varied community so you're likely to find just the house you're looking for within its boundaries. If you're looking for a well-priced home in Casselberry, I urge you to check it out.
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            <pubDate>Thu, 10 Feb 2011 13:48:14 -0600</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/sanctuary-in-downtown-orlando.html</guid>
            <link>http://www.leecameronrealtor.com/blog/sanctuary-in-downtown-orlando.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Sanctuary in Downtown Orlando</title>
            <description> <![CDATA[ 


One of downtown Orlando's crown jewels is Sanctuary, a luxury condo community located in the heart of the city, just one block away from Lake Eola. Inside you'll find a state-of-the-art fitness center, a luxurious pool deck on the fifth floor and 30,000 square feet of shopping and dining on the first floor.

Currently there are 16 listed condos on the market from Sanctuary, with 4 pending contracts. These condos are two bedrooms, three bedrooms and four bedrooms. The square footage ranges from 1,600 to 4,800 with an average square footage of 2,433. The listing price ranges from $249,000 to $1,450,000 with an average price of $535,094. Eight of the homes are short sales or bank-owned properties.

Now let's take a look at how Sanctuary did over the last year. 

- In the past year, 19 Sanctuary condos were sold.

= The listing prices for these homes ranged from $199,900 to $1,699,900 with an average price of $422,068.

- The final sold price for these homes ranged from $195,000 to $1,100,000 with an average price of $364,324.

- Ten of these nineteen condos were short sales or bank-owned.

As you can see, thanks to the large amount of short sales and bank-owned properties in the building, Sanctuary has some great deals right now. The location has a wide range of condo sizes at a wide range of prices, so if you're looking for a condo right in the heart of downtown - only steps away from Orlando's best dining, shopping and nightlife - you owe it to yourself to check out Sanctuary.
 ]]> </description>
            <pubDate>Tue, 08 Feb 2011 10:41:28 -0600</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/the-waverly.html</guid>
            <link>http://www.leecameronrealtor.com/blog/the-waverly.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>The Waverly - One of Downtown Orlando's Crown Jewels</title>
            <description> <![CDATA[ 



When you're looking for a luxury condo in downtown Orlando, you can't do much better than The Waverly. Located right on Lake Eola, The Waverly gives you the opportunity to take advantage of the nightlife, great dining, art shows and other activities that only downtown living can offer. Imagine walking out of the front door for a quiet stroll around the lake on a beautiful night! Most of the units in The Waverly have spectacular views of Lake Eola and the downtown area. The prices are down and now is a great time to consider buying one of these condos.

View a photo tour of The Waverly.

Let's take a look at the current pricing for Waverly units.

In the last year, there have been 15 sales with an average sales price of $166,966. Five of those condos were short sales, 8 were bank foreclosure properties and only 2 were sold by the owners. For the same timeframe last year, there were 13 sales with an average price of $188,431. Of those homes, 4 were short sales, 6 were foreclosures and only 3 were sold by the owners.

Currently, there are 13 properties in The Waverly with sales pending. All but 2 of them are short sales. The remaining 2 are bank-owned properties.

There are four properties currently listed for sale. Three of them are bank-owned. One is the spectacular penthouse that is currently priced at $665,900 but has been listed on the market in the past for as high as $2,500,000! It's an amazing unit with incredible views.

The Waverly is an incredible downtown community - one of Orlando's best. With prices down, this is a great time to consider purchasing one of these condos (especially that penthouse, which somebody is going to get for a steal). If you're interested in looking at The Waverly, feel free to email me or give me a call.&nbsp;


&nbsp;
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            <pubDate>Fri, 29 Oct 2010 14:17:29 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/magnolia-plantation.html</guid>
            <link>http://www.leecameronrealtor.com/blog/magnolia-plantation.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Magnolia Plantation - One of Lake Mary's Best!</title>
            <description> <![CDATA[ 
Magnolia Plantation is a wonderful gated golf community located just off of Markham Woods Road in Lake Mary. It is definitely one of my favorite communities in the area. One of the best things about Magnolia Plantation is that it's relatively secluded. The community is located very conveniently for the rest of the area, but the neighborhood itself is set back from the road. As you drive through the gate you're treated to nature's beauty all the way home. And best of all, most of the newer homes in Magnolia Plantation have golf views!

Looking at the homes currently on the market in Magnolia Plantation, one of the best things that stands out is that only about one in five of the homes listed is a short sale. Because there are so few, the prices in this neighborhood shouldn't drop too much in the near future. In the last couple of months, 14 homes have come on the market in Magnolia Plantation. They range in price from $385,000 to almost $900,000. These are large homes with an average size of 3,700 square feet. The average list price is $609,642.

Now let's look back at how the community has done in sales over the past year. There have been 25 sales in Magnolia Plantation in the last 12 months, and none of them were foreclosures! Of those 25 homes, only 5 were short sales. Again, that gives the community a ratio of 1 short sale for every 5 homes. This is the sign of a great community in this market. The average sold price of these homes was $515,720, while the average size was 3,333 square feet.

I really do love this community and it is doing very well in this current real estate market. Anyone who buys a home in Magnolia Plantation now will find themselves in a good position to see their values rise when the market turns around again. Don't miss the opportunity to own one of these beautiful homes while we are still in a buyer's market!&nbsp;
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            <pubDate>Thu, 28 Oct 2010 13:44:16 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/winter-park-pines-statistics.html</guid>
            <link>http://www.leecameronrealtor.com/blog/winter-park-pines-statistics.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Winter Park Pines Statistics</title>
            <description> <![CDATA[ 

The Winter Park Pines is a very large community of homes in the heart of Winter Park. So big that it contains numerous other neighborhoods, a popular golf course, and one of Central Florida's best high schools within its borders, you'll always find very nice homes for sale in the Pines. Let's take a look at some stats.


In the last two months, Winter Park Pines has had nine homes on the market with an average listing price of $230,810. These homes are 3-5 bedroom homes with 2-3 bathrooms and an average square footage of 1,781. Four of the nine homes are bank-owned or short sale properties.


In the past year, 26 properties were sold in the Pines.


- The listing prices for these homes ranged from $99,500 to $329,900.


- The final sold prices for these homes ranged from $80,000 to $315,000.


- At least one of these homes was a short sale.


The Winter Park Pines is an enormous community with a large variety of homes and a broad range of prices. However, looking at the stats can show some trends. Like most older communities, the homes that sell for the highest prices in the Pines are the ones that have had major renovations and updates. Bank-owned properties and short sales are often kept in poor condition and those lower prices pull the prices down for the entire surrounding community. Proximity to schooling can also be a big factor when determining the price, with Winter Park High School, Full Sail and many other schools nearby. Those closest to one school or another can be expected to have a higher asking price than a similar home in the middle of the community and further away from a school.


The truth is, Winter Park Pines is so large and expansive you can probably find just about any home you're looking for within it's tree-lined streets. I definitely recommend it for a look if you're trying to find a new home in Winter Park.
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            <pubDate>Tue, 24 Aug 2010 09:48:54 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/the-alabama-condos.html</guid>
            <link>http://www.leecameronrealtor.com/blog/the-alabama-condos.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>The Alabama Condos</title>
            <description> <![CDATA[ 


The Alabama is one of the oldest and most prestigious communities in all of Winter Park. Located just across the street from Kraft Azalea Gardens, this stately former hotel has stood on a hill overlooking Lake Maitland since 1921.

Demand is high but vacancies are rare. In the last two years, only a single unit has been sold in the building. Currently, there are only two units on the market for sale. The average price for these 2 bedroom, 2 bath units is $337,250. The average square footage is 1,787.

Aside from its impressive grounds and history, The Alabama also features a community pool, exercise room, sauna, entertainment spaces, covered reserved parking, and a private dock on Lake Maitland. Low maintenance lakefront living really doesn't get much more luxurious.

The Alabama is truly a part of Central Florida history and a wonderful place to call home. If you're one of the lucky few who manages to snatch up one of these units, no one can blame you for being reluctant to let it go.
 ]]> </description>
            <pubDate>Tue, 10 Aug 2010 13:32:37 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/updated-lakehurst-statistics.html</guid>
            <link>http://www.leecameronrealtor.com/blog/updated-lakehurst-statistics.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Updated Lakehurst Statistics</title>
            <description> <![CDATA[ 


Lakehurst is one of those wonderful Casselberry communities that I love to talk about. With a great location right on Lake Howell, beautiful grounds and a slew of amenities, this gated community is one of the best around. 

In the last three months, Lakehurst has had 3 homes go on the market with an average listing price of $301,433. These homes are 4-5 bedrooms with 2-4 bathrooms, with an average square footage of 2,661. One of these homes is bank-owned and another is a shortsale. 

Now let's take a look at how Lakehurst has done in the market over the past 12 months.

- Over the past year, 5 homes have been sold in Lakehurst.

- The listing prices of these homes ranged from $304,500 to $550,000 with an average listing price of $342,918.

- The final sold prices for these homes ranged from $270,000 to $400,000 with an average sold price of $326,200.

- None of these homes were bank owner or short sales.

- One interesting note: all 5 of these homes were sold since February of this year.

I've talked about Lakehurst before. As I mentioned in my previous blog, Lakehurst is a difficult neighborhood to compare properties in because of the enormous difference between the value between homes on Lake Howell and those that aren't lakefront. For this blog, none of the properties I compared are lakefront properties. For comparison, there is one property currently listed for sale that is on Lake Howell. The listing price is $929,500.

Lakehurst has had a tough couple of years. From August of 2008 to August of 2009, only one home was sold in Lakehurst. In the last twelve months, all five of the homes sold in Lakehurst were sold after February of this year. What that tells us is that Lakehurst may have finally found the sweet spot. The homes that are currently listed are all priced to sell and, as those five sold homes since February shows us, people are starting to be interested in what they see. Lakehurst is a great community that is finally starting to bounce back from the rough market. Now is definitely the time to buy.
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            <pubDate>Tue, 10 Aug 2010 10:13:36 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/oak-harbour-statistics.html</guid>
            <link>http://www.leecameronrealtor.com/blog/oak-harbour-statistics.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Oak Harbour Statistics</title>
            <description> <![CDATA[ 

Oak Harbour is a wonderful condo and townhome community in Altamonte Springs, just off of Maitland Blvd and close to Uptown Altamonte's shopping, dining and entertainment. The neighborhood features beautiful, tree-lined streets with a canopy of branches that provides great shade. The grounds are well-kept and the gated neighborhood features a  community pool, clubhouse, fitness center, tennis courts, BBQ patios and  boat ramp access to beautiful (and ski-able!) Lake Orienta.


In the last two months, Oak Harbour has had 4 homes go on the market with an average listing price of $139,100. These homes are 2 bedroom, 2 bath with an average of 1,430 square feet. 


Now let's see how Oak Harbour has fared over the last 12 months.


- There were a whopping 17 homes sold in the Oak Harbour in the last year!


- The listing prices of these homes ranged from $91,900 to $195,500 with an average listing price of $129,363.


- The final sold price for these homes ranged from $76,500 to $175,000 with an average sold price of $118,029.


- Of the 17 homes sold in the last year in Oak Harbour, only five of them were bank-owned or short sale properties.


As you can see, Oak Harbour is doing pretty well for itself. Having 17 properties sell in the last year is a good number, and the low amount of bank-owned and short sale properties have kept listing prices and final sold prices relatively close compared to the extremes of other area neighborhoods. Oak Harbour, as well as being a beautiful community, is also a great, stable neighborhood to buy a home.
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            <pubDate>Thu, 05 Aug 2010 10:07:54 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/sausalitos-updated-statistics.html</guid>
            <link>http://www.leecameronrealtor.com/blog/sausalitos-updated-statistics.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>Sausalito's Updated Statistics</title>
            <description> <![CDATA[ 


Let's talk about the new updated statistics for one of my favorite neighborhoods - Sausalito in Casselberry. I know, I've talked about Sausalito before, but as a former resident I really can't help singing the praises of this beautiful, affordable community. With amenities like tennis courts, a playground, a clubhouse and private access to Lake Howell, you really can't go wrong.

In the last two months, Sausalito has had three homes go on the market with an average listing price of $152,133. These homes have 2-3 bedrooms and 2 baths, and an average square footage of 1,507. One of the homes - a 2 bedroom, 2 bath, 1213 square foot home priced at $129,900 - is a bank-owned property.

Now let's look at how Sausalito has done over the past year.

- There were 8 properties sold in Sausalito in the last 12 months.

- The listing prices of these homes ranged from $134,900 to $178,000 with an average list price of $149,588.

- The final sold price for these homes ranged from $103,250 to $164,500 with an average sold price of $139,343.

As you can see, the homes recently listed on the market are priced at the higher end of the scale so it's uncertain whether they will sell at that price. Looking back 24 months reveals another interesting detail - the average sold price has dropped nearly $20,000 in the last two years from $157,000 to the current $139,000. However, in the period of 2008 to 2009, only three homes were sold in Sausalito, whereas in 2009 to 2010, seven homes were sold. This tells us that the newer, lower average sold price is more in line with the current market. It isn't so much that the market is still falling, but that Sausalito's prices now more accurately reflect the current conditions than they did two years ago. And a $20,000 pricing drop is nothing compared to some of the frightening drops that other area communities have seen in the last few years.

Overall, I continue to believe that Sausalito is one of Central Florida's hidden gems. Like everywhere else, bank-owned properties and short sales have brought the prices down, but when the market rebounds look for this wonderful community to bounce back in a big way.
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            <pubDate>Thu, 05 Aug 2010 10:07:19 -0500</pubDate>
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            <guid>http://www.leecameronrealtor.com/blog/the-waverlys-statistics.html</guid>
            <link>http://www.leecameronrealtor.com/blog/the-waverlys-statistics.html</link>
            <author>lee@leecameronrealtor.com (Lee Cameron)</author>
            <title>The Waverly's Statistics</title>
            <description> <![CDATA[ 


One of my favorite condo communities in Orlando is The Waverly, a prestigious and impressive high-rise condo community in downtown Orlando, right on Lake Eola. Luxury downtown living really doesn't get much better.

In the last two months, The Waverly has had three condos go on the market with an average listing price of $178,333. These condos are all 2 bedroom, 2 bath homes with an average of 1,178 square feet. At least one of them is a short sale.

Now let's see how The Waverly has done over the past year. 

-There were 13 condos sold in The Waverly in the last year.

-The listing prices of these condos ranged from $125,000 to $319,900 with an average list price of $$171,539.

-The final sold price for these condos ranged from $123,000 to $290,000 with an average sold price of $167,477.

-At least 4 of the sold condos were short sales.

What the numbers tell us is that The Waverly is a very popular place to buy a condo. A good number of units have sold there in the last year and the small gap between the average listing price and the average sold price shows us that these condos have been priced very well to sell in this market. These are very popular units located in a new Orlando landmark right in the heart of downtown and they're going for great prices. It's definitely worth checking out.&nbsp;

Check out my virtual tour for The Waverly.
 ]]> </description>
            <pubDate>Wed, 12 May 2010 09:34:10 -0500</pubDate>
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