Monday, April 7, 2014

Homes for Sale in Colonialtown in Orlando FL | Market Report for the Month of April 2014

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Homes for Sale Colonial Town in Orlando FL | Market Report for the Month of April 2014 
There are 116 homes for sale in Colonial Town in Orlando FL. The living space of the properties range from 663 square feet to 5,014 square feet. As for the price range of the properties, they vary from $68,500 to up to $1,390,000. There are 7 homes under contract in this community, 3 are short sales and 4 are traditional sales.
Colonial Town Homes For Sale In Orlando FL:
  • 102 Homes -  Traditional Sales - Average List Price: $358,396
  • 5 Homes - Short Sales - Average List price: $142,360
  • 9 Homes - Bank Owned/REO Properties- Average List Price: $195,038
In the community of Colonial Town in Orlando Fl, there were 31 homes sold during April. These homes were originally listed for the average asking price of $266,106. Overall, they were sold for $254,124 and these homes stayed on the market for an average of 89 days. During the same period in 2013, there were 24 homes sold.These homes were originally listed for the average asking price of $200,158 and were sold for $194,871. These homes stayed on the market for an average of 91 days.This year, there are 70 pending sales for April. These homes were listed for an average asking price of $248,361 and have been on the market for an average of 122 days.
  

Why do people live here?

Colonialtown in Orlando FL,  is an impressive community 3 miles northeast of downtown Orlando. If you and your family are searching for a neighborhood close to the metro, minus the  accompanying hustle and bustle of the city, then this community is perfect for you. In this charming neighborhood, you will find your craftsman-styled dream home with open front porches, alleyway garages (to keep the front of homes and streets open) and brick streets lined with trees.




One of Colonialtown’s unique features is the pedestrian parkway that connects neighborhoods with local businesses and shops, the park and even the amphitheater. Imagine yourself strolling on the beautifully paved walkways on your way to the nearby shops, or running with your dog in the residential streets and enjoying the beauty and serenity of this simply amazing community.


Residents of Colonialtown take pride in fostering their sense of community and are actively engaged in neighborhood clubs and events. Don’t miss out on this chance to have your dream home in a one of a kind environment which boasts of the excitement of the city mingled with the comfort and charm of small-town living.




Looking for a home in Colonialtown?



What’s the neighborhood like?



Most homes in Colonialtown were built in the 1920’s and 1950’s. This lush Florida community is divided into two sections: the North and South. Colonialtown North borders on Mills Avenue, Colonial Drive, Bumby Avenue, and Nebraska Street/Corrine Drive. With several parks nearby, this part of the community has many options for family entertainment and recreation. Colonialtown South was named a local Historic District in 2000. Its rich cultural background, collection of historic buildings and architecture this part of the community is a physical reminder of the cultural, social and economic heritage of the City of Orlando.


There are about 1,700 homes in this community. The prices of homes for sale in Colonialtown Orlando FL range from $100,000 to over $500,000. There’s a homeowner’s association, but membership is optional.


What’s going on nearby Colonialtown?



Located in the heart of this community is the Colonialtown Neighborhood Center. The center provides various activities and programs such as computer lab, karate and summer camp for children. John Long Memorial Pool and Colonialtown Square park are also great spots for recreation. If you want to enjoy an afternoon of shopping, just head over to Mills 50 where you can find an interesting blend of shops, services and restaurants. The area is vibrant and growing. You will surely find a surprise or two as you visit their beautiful shops. Other shopping and dining attractions in the area are Fashion Square Mall and Colonial Plaza Market Place.



There are also many entertainments and attractions available in the nearby downtown Orlando such as Leu Gardens, Orlando Museum of Art and Orlando Science Center and Premiere Cinema 16, among others.

What schools will the kids attend?

Colonialtown in Orlando FL is close to excellent schools like Fern Creek Elementary School, Howard Middle School, Bishop Moore Catholic High School and Edgewater High School among others.


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Homes for Sale Colonial Town in Orlando FL | Market Report for the Month of March 2014 
There are 113 homes for sale in Colonial Town in Orlando FL. The living space of the properties range from 663 square feet to 4,767 square feet. As for the price range of the properties, they vary from $68,500 to up to $1,390,000. There are 8 homes under contract in this community, 4 are short sales and 4 are traditional sales.
Colonial Town Homes For Sale In Orlando FL:
  • 101 Homes -  Traditional Sales - Average List Price: $323,699
  • 6 Homes - Short Sales - Average List price: $169,583
  • 6 Homes - Bank Owned/REO Properties- Average List Price: $178,750
In the community of Colonial Town in Orlando Fl, there were 28 homes sold during March. These homes were originally listed for the average asking price of $288,679. Overall, they were sold for $285,722 and these homes stayed on the market for an average of 85days. During the same period in 2013, there were 38 homes sold. These homes were originally listed for the average asking price of $226,257 and were sold for $217,176. These homes stayed on the market for an average of 130 days. This year, there are 62 pending sales for March. These homes were listed for an average asking price of $250,731 and have been on the market for an average of 121 days.
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Homes for Sale Colonial Town in Orlando FL | Market Report for the Month of February 2014
There are 103 homes for sale in Colonial Town in Orlando FL. The living space of the properties range from 720 square feet to 5,781 square feet. As for the price range of the properties , they vary from $68,500 to up to $1,390,000. There are 5 homes under contract in this community, 2 are short sales and 3 are traditional sales.
Colonial Town Homes For Sale In Orlando FL:
  • 93 Homes -  Traditional Sales - Average List Price: $310,062
  • 3 Homes - Short Sales - Average List price: $506,133
  •  7 Homes - Bank Owned/REO Properties- Average List Price: $174,194
In the community of Colonial Town in Orlando Fl, there were 25 homes sold during February. These homes were originally listed for the average asking price of $268,494. Overall, they were sold for $259,936 and these homes stayed on the market for an average of 138 days. During the same period in 2013, there were 24 homes sold. These homes were originally listed for the average asking price of $$227,192 and were sold for $219,071. These homes stayed on the market for an average of 124 days. This year, there are 72 pending sales for February. These homes were listed for an average asking price of $228,740 and have been on the market for an average of 115 days.
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Homes for Sale Colonial Town in Orlando FL | Market Report for the Month of January 2014
There are 97 homes for sale in Colonial Town in Orlando FL. The living space of the properties range from 696 square feet to 5,781 square feet. As for the price range of the properties , they vary from $68,050 to up to $2,999,999. There are 4 homes under contract in this community, 2 are short sales and 2 are traditional sales.
Colonial Town Homes For Sale In Orlando FL:
  • 88 Homes -  Traditional Sales - Average List Price: $301,697
  •   4 Homes - Short Sales - Average List price: $866,850
  •   5 Homes - Bank Owned/REO Properties- Average List Price: $175,900
In the community of Colonial Town in Orlando Fl, there were 23 homes sold during January. These homes were originally listed for the average asking price of $168,565. Overall, they were sold for $165,294 and these homes stayed on the market for an average of 101 days. During the same period in 2013, there were 26 homes sold. These homes were originally listed for the average asking price of $204,538 and were sold for $188,991. These homes stayed on the market for an average of 145 days. This year, there are 77 pending sales for January. These homes were listed for an average asking price of $221,479 and have been on the market for an average of 118 days.



For a smooth, fun and easy home buying or selling experience – Call “THE BEST AGENT IN ORLANDO, FLORIDA” Mike Shulman, lead agent for the Orlando Home Team today at 407-758-9585407-758-9585. You can expect excellent service, unparalleled negotiation skills, and exceptional knowledge of the Orlando Real Estate Business from Mike Shulman.