ORLANDO, FL --- A study of housing sales at Celebration by Stirling Sotheby’s International Realty Trusted Real Estate Advisor Chris Wilson (top right photo) shows sales of luxury homes during the first half of the year are up about 10 percent over the same period last year and the rest of the year looks even better; pending sales have almost doubled. Wilson said 86 homes sold at Celebration from Jan 1 through June 30, including 24 homes that sold for more than $500,000.
Last year, Wilson said, Celebration housing sales totaled 78 homes, including 27 priced at more than $500,000.
One trend his study spotlighted is indicative of housing sales throughout the Central Florida region; while lower-priced homes took a dip in value, higher priced homes sold at a higher average than last year.
“The average sale price of all homes sold for less than $500,000 was down about $2,000 from the 2010 average,” Wilson said. “The average sale price of higher-end homes rose from $627,000 in 2010 to $699,000 this year.”
The study also shows fewer homes on the market.
“During the first half of 2010, sellers listed 147 homes for sale at Celebration,” Wilson said. “For the first six months of 2011, new listings at Celebration totaled 107.” Visit http://www.stirlingsir.com/eflyers/pr/08112011/cmt.pdf to view the report.
For more information, contact:
Chris Wilson, Trusted Real Estate Advisor, Stirling Sotheby’s International Realty 321-289-8787 Chriswilson@stirlingsir.com;
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
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