Stoneybrook Market Update

Another year is near its end.  We hope you had a good year with more ups than downs and more joy than sorrow.  As we approach Thanksgiving at the end of this month, we hope you have plenty to be thankful for with your family and loved ones.

So far in 2015, 79 homes have sold in Stoneybrook (end of Oct), at prices ranging from a low of $180,000 to a high of $645,000.   The hypothetical “average home” was a 4 bedroom/3 bathroom with 2579 Square Feet of living space and sold for $305,543.

In 2014, 76 homes were sold in Stoneybrook at prices ranging from a low of $168,000 to a high of $575,000.  The “average home” was a 4 bedroom/3 bathroom with 2599 Square Feet of living space, and sold for $290,557.

So the average price for the average home in Stoneybrook increased 5% this year.   Statistics aside, each home sale or purchase is unique, because no two homes are exactly alike, and no home sellers or buyers are exactly alike.  If you are thinking about buying or selling a home, give us a call.  We will break down all the numbers and the sometimes conflicting market news, to provide you clarity on what’s really going on.

Overall it’s been a better year for most of Orlando as well.  The  Orlando housing market is flirting with a market top but in a very healthy and stable way. If you are looking outside of Stoneybrook, also be sure to understand what the area and community’s micro-market is indicating.  Don’t settle for averages and generalities, consult with a specialist.  We are the market leader in Stoneybrook, but for every home we sell in here, we sell 7 homes elsewhere. Our expertise is throughout Central Florida.  If you have any questions about real estate, give us a call.  We are happy to  discuss any and all real estate matters with our neighbors.

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