LAKE MARY - Alaqua Lakes, the luxury country club community located at Lake Mary Blvd. and Markham Woods Road in Seminole County, appears to be holding home values better than most neighborhoods in central Florida.
Cassandra Levine, luxury homes specialist at Stirling Sotheby’s International Realty and Alaqua Lakes community specialist, said seven luxury homes have sold during the first six months of 2010 at an average sale price of $977,942. In 2009, Alaqua Lakes saw sales at a lower average price of $868,153, Levine said.
The highest sale price for the first half of the year was $1,264,000, but it’s lower than the $1,475,000 highest sale reported in 2009.
Thirty-three luxury homes at Alaqua Lakes were listed for sale during the first six months of 2010, Levine said, compared with 45 in 2009.
Sellers are reducing their asking prices, but only slightly, Levine said.
“In 2009, the average asking price listed was $988,330. Today, the average asking price is $1,070,948,” she said. That could change, but not much.
”The difference between the average asking price and the average sale price is less than 10 percent,” Levine said.
“There’s some room for negotiation, but Alaqua Lakes was well-established before the real estate downturn and asking prices are very realistic here,” Levine added.
To view a video of Alaqua Lakes, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv.
To view the Alaqua Lakes Market Trends, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv
For more information, contact: Cassandra Levine, Luxury Home Specialist, Stirling Sotheby’s International Realty-Heathrow/Lake Mary, 407-620-8483; clevine@StirlingSIR.com; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890 rsoderstrom@StirlingSIR.com
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
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