Waterford Lakes is known as the most established, quality neighborhood in east metro Orlando. In fact, folks all over the metro area refer to the east side and east Orlando as “Waterford Lakes”.
Though the inventory of available homes is high, Waterford Lakes is experiencing strong sales over the past 90 days. And it’s not short sales / foreclosures that are moving in Waterford Lakes as is the case in newer east metro Orlando neighborhoods. The majority of sales in Waterford Lakes were traditional sales (11 of 18 sales).
This is the case of a strong, desirable community retaining its value and appeal even in the most challenging of times.
The majority of all real estate activity over the past 90 days in Waterford Lakes occurred in the $200,000 to $300,000 price range. Roughly 70% of all active homes, pending sales and closed sales were within this range.
With inventory so high, how does a buyer choose among 34 nearly identical homes for sale in the $200s? The answer is first getting back to basics: price right and show great. In order to sell today for a quick, top dollar sale, a seller needs to share knowledge, have an accessible home and an accessible agent more than ever before.
- 34 active priced $205,000 to $300,000 including 14 short sales / foreclosures
- 5 pending priced $210,000 to $290,000 including 1 short sale / foreclosure
- 18 sold (past 90 days) priced $200,000 to $300,000 including 7 short sales / foreclosures
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