Tuesday, February 15, 2011

Stirling Sotheby’s International Realty Releases Celebration Area Market Trends Report, Shows Home Sales Steady, Prices Lower

ORLANDO, Fla. --- Stirling Sotheby’s International Realty recently released its 2010 Celebration Area Market Trends Report, which shows a steady increase in luxury home sales and listings in 2010 over 2009 figures.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said 137 luxury homes and 73 condominiums and town homes sold in Celebration in 2010.

In 2009, 128 luxury homes and 93 condominiums and town homes sold.

Monica Nielsen (http://monicasellsflorida.com/), a resident of Celebration and International Luxury Home Specialist with Stirling Sotheby’s International Realty prepared the study, Soderstrom said.

Sixty-seven homes priced under $400,000 sold for an average of $302,000 in 2010, down from an average of $320,000 in 2009.

Seventy homes priced over $400,000 sold for an average of $613,000 in 2010, down from $662,000 in 2009.

Average sale prices for town homes and condominiums declined from $186,000 in 2009 to $163,000 in 2010.

The most expensive home in 2009 sold for $3.15 million. In 2010, the most expensive home sold for $1.853 million.

To view the Celebration Area Market Trends Report visit http://www.stirlingsir.com/eflyers/pr/02142011/celebration.html
* * *

For more information contact:Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.