ORLANDO, Fla. --- A study of housing sales at Celebration by Stirling Sotheby’s International Realty Trusted Real Estate Advisor Chris Wilson 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. (http://www.stirlingsir.com/eflyers/pr/08112011/cmt.pdf )
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.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
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