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Windermere Real Estate
Real estate in Windermere showed a surprising increase in value over the month of September by 8%. The average property in October sold for $445,145 compared to $413,765 in September and compared to last year. There is also a storing increase of 12% as well as the equal amount of sale. The overall sales volume compared to September took a hit by 18 units or 30% less. Windermere has some of the most priced real estate in the greater Orlando area and values have dropped where these homes are offered at some of the best values in years.
Windermere is located on the Southwest side of Orlando, and is the home town for some of the priciest real estate on the Butler Chain of Lakes and Isleworth and it is part of the Orlando Real Estate MLS. The Windermere real estate market is still far away from normal and speculators went wild during 2004 and 2005 and many developments were built to satisfy the thirst for Florida’s real estate speculators. Right now, you can find some incredible deals in some of the most desirable neighborhoods. Click here to find Windermere foreclosure and/or short sales.
Orlando Real Estate – Click here to access the Windermere MLS
Currently, there are 769 properties for sale in Windermere, a reduction of 7 properties compare to last month. 664 are single family homes, and 105 are condos and/or villas and duplexes. A total of 56 properties sold during September, 31 single family homes and 25 condos and/or villas. The average price of a property was $435,104, which was a 23% drop in price over the same month of the prior year. Sales, however, increased by 32% over the same month of the prior year, but the actual days on the market increased from 138 in 2008 to 159 in 2009.
The highest sale was 11710 LAKE BUTLER BLVD, WINDERMERE, Fl 34786 located in the METCALF PARK Subdivision on the shores of Lake Butler. This property was a short sale, and it was originally listed for $8M and it sold for $3M. With 13.9 months of unsold inventory remaining, this area of Orlando remains to be challenged for many years. Prices will continue to be depressed as the bank-owned and pre-foreclosure properties are driving the market.
As of the end of September, there are 42 bank-owned properties for sale in Windermere, this is an increase of 15 properties or 35% , the highest priced home is still 9801 GROSVENOR POINTE CIR, WINDERMERE, Fl. 34786, located in the KEENE’S POINTE subdivision , being offered at $1,524,600 located on the Jack Nicklaus Signature golf course. The 2nd highest prices home is 13125 BELLARIA CIR, WINDERMERE, Fl. 34786, located in the BELLARIA subdivision and priced at $1,395,000. There are 215 short sale properties, which is an increase of 55 properties or 34%. The highest priced short sale is 11121 BRIDGE HOUSE RD, WINDERMERE, Fl. 34786 located in the RESERVE AT LAKE BUTLER SOUND and listed for $3,590,000.
Highest priced 5012 LATROBE DR, WINDERMERE, Fl. 32786, listed for $12,500,000 located in the Isleworth subdivision on the shores of Lake Bessie
The subdivisions with the highest sales were as follows:
13 SUMMERPORT
6 KEENES POINTE
4 LAKES OF WINDERMERE LAKE REAMS TOWNHOM
4 LAKES OF WINDERMERE
2 BELMERE VILLAGE
2 ISLEWORTH
2 METCALF PARK
2 WINDERMERE
1 BUTLER BAY
1 EDEN ISLE
1 ENCLAVE AT BERKSHIRE PARK
1 ESTATES AT WINDERMERE
1 LAKES OF WINDERMERE PEACHTREE
1 LAKESIDE AT LAKES OF WINDERMERE CONDO
1 MARINA BAY ESTATES
1 OXFORD MOOR
1 PROVIDENCE
1 RESERVE AT LAKE BUTLER SOUND
1 SOUTHBRIDGE VILLAGE
1 TENNYSON PARK AT SUMMERPORT
1 WATERFORD POINTE
1 WINDERMERE, MARINA BAY
See more properties for sale below
$375,000.00 ($123.00/sqft)
Windermere Single Family For Sale 5 beds, 4 baths, 3053 living sqft
Top Features: for sale
Has a pool
, Subdivision: Whitney Isles At Belmere
, Lot SQFT: 6538sqft
, Built in 2004
, Style: Contemporary, Florida, Spanish, Other
$525,000.00 ($157.00/sqft)
Windermere Single Family For Sale 5 beds, 4 baths, 3339 living sqft
New construction!!! picture shown is not actual home, but is of same "mandalay" model. amazing opportunity to own a brand new home in windermere on beautiful lake cawood! this 5 bedroom home will offer a spacious popular floor plan with
Top Features: for sale, new construction
, Waterfront, Lakefront
, Lake access, Waterview
Has a pool
, Subdivision: Lake Cawood Ests Rep
, Lot SQFT: 43147sqft
, Built in 2011
$525,000.00 ($143.00/sqft)
Windermere Single Family For Sale 5 beds, 3 baths, 1 half baths, 3678 living sqft
Price reduced $74,000.00 since 7/2/11, NOW $585,000.00 | Open the door to your Windermere dream home complete with a sweeping view of Lake Rhea, natural area, the pool and spa! Access rights to the Butler Chain of Lakes! Open, spacious, bright you will fall in love with this amazing home the moment ...
Price reduced $75,100.00 since 6/10/11, NOW $219,900.00 | Short sale. Beautiful home in a great community! Enjoy the Windermere lifestyle at a very affordable price!
Two story large four bedroom, three and a half bath located in sought after Lakes of Windermere! Home features oversized lot, rear entrance attached two car garage, front and rear covered porches, block construction, carpet and tile flooring, ...
Fabulous custom home on the 4th Fairway at Isleworth with attention to detail throughout! A room for everyone, children''s study, game room, theater with lobby, personal gym, home office, nanny''s quarter''s, outdoor sport court, resort style ...
Top Features: for sale
, Lake access, Lake - Chain of Lakes
Has a pool
, Subdivision: Isleworth 1st Amd
, Lot SQFT: 33807sqft
, Built in 1996
, Style: Tudor
$307,000.00 ($139.00/sqft)
Windermere Single Family For Sale 4 beds, 2 baths, 2204 living sqft
Short Sale........... Approval of seller''s lender''s may be conditioned upon the gross commission being reduced any adjustments will be split 50/50 between agents.
Price reduced $226,000.00 since 1/21/10, NOW $1,369,000.00 | Fabulous Courtyard Custom Home features 5BR suites including a two-room in law suite located pool side for that extra special retreat. Perfect family floor plan with extra rooms for that occasional overflow of Florida Guests! Classic travertine ...
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The source of the listing data is as follows:
My Florida Regional MLS (updated 2/3/12)
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