This blog is an avenue to relate information and sites that may be of interest to you in regard to real estate. There will be miscellaneous meanderings about me and opinions in regard to Central Florida and Orlando homes for sale and real estate in particular.
The Estates at Springs Landing is an upscale community of approximately 80 executive style contemporary single-family home in suburban Longwood in Seminole County. Most of the homes were built in the mid to late ‘80’s and are located on lots of over 1/2 acre with most on at least 1 acre. The Estates at Springs Landing is hidden away right off of Markham Woods Road, but also very accessible to most major highways.
The Estates at Springs Landing is a great place to live!
For information on Longwood and Seminole County real estate and Longwood and Seminole County homes for sale in addition to Longwood and Seminole County relocation contact Marc Grossman, your Longwood and Seminole County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Bent Oak is an approximately 270 single-family home community of executive style contemporary homes located in the Orange County portion of Apopka mostly built in the mid ‘80’s located at the intersection of Wekiva Springs Road and Votaw Road. Bent Oak is located just a couple of minutes away from Wekiva Springs State Park and very accessible to most major highways.
Bent Oak is a great place to live!
For information on Apopka and Seminole and Orange County real estate and Apopka and Seminole and Orange County homes for sale in addition to Apopka and Seminole and Orange County relocation contact Marc Grossman, your Apopka and Seminole & Orange County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 28, 2009 by Marc Grossman in Events
This is a guide to a smattering of events occurring in the Greater Orlando Central Florida area.The sections are divided into Art, Music, Theater, Author, Nature, Etc, and Plan Ahead.There is surely something for everyone.There is also a complementary list of On-Going events in the area as well & you can find those by Clicking Here!
ART, MUSIC, LITERARY & THEATER
GLOBAL LENS
What:film screening of Songs From The Southern Seas
Cost:$25 for children of members; $35 non-members – bring a sleeping bag & pillow; evening snack & breakfast served
Contact:407-836-8580
FOOD & WINE
WINE FOR US
What:a tasting to benefit Water For People
When:July 30 – 6 – 8pm
Where:Orange County Regional History Center
65 E. Central Blvd.
Orlando
Cost:$35
Contact:407-423-0030
NATURE – ENVIRONMENT
FALL VEGETABLE GARDENING
What:learn the basics including soil prep, pH balance, etc.
When:Aug 1 – 9 – 10:30am
Where:Orange County Extension Education Center
6021 S. Conway Rd.
Orlando
Cost:Free
Contact:407-254-9200
NATIVE PLANTS
What:program by Carolina Lane discussing taxonomy, plant classification
When:Aug 4 – 7pm
Where:Harry P. Leu Gardens
1920 N. Forest Ave.
Orlando
Cost:Free
Contact:407-647-5233
VEGETABLE GARDENING
What:with Ed Thralls, residential horticulturist & master gardener with the Orange County/IFAS extension
When:various times throughout July
Where:various Orange County Library locations
Cost:Free
Contact:407-835-7481
FUNDRAISERS
ROCK ON THE MOON AND SING WITH THE STARS
What:Celebrities, including Deborah Gibson, Alfonso Ribeiro and JJ Redick, sing, dance and bartend at the piano bar to benefit the Fatone Family Foundation
What:Bond-style evening of drinks and gaming to benefit City of Life
When:July 31 – 7pm
Where:Citrus Club
255 S. Orange Ave
Orlando
Cost:$50
FINE ART AUCTION
What:to benefit B. A. S. E. Camp children’s cancer foundation
When:Aug 1 – 4pm
Where:Baterby’s Art Auction Gallery
9101 International Dr
Orlando
Cost:Free
Contact:866-537-0273
KICK-A-THON
What:students perform kicks for pledges to raise money for schools in Africa
When:Aug 1 – 6pm
Where:Martial Arts World
1630 E. Colonial Dr.
Orlando
Cost:Donation
Contact:407-897-6000
ETC.
THIRSTY FOR CHANGE
What:Orange County Young Democrats welcome state senator and candidate for attorney general Dan Gelber for a Q&A session following a brewery tour and prepared remarks
Cost:Free + receive free tickets to a future race at Orlando Speedworld
Contact:407-835-7480
DISASTER PREPAREDNESS
What:presented by the Orange County Emergency Management Office discussing developing a family plan, disaster supply kit, securing your home & a pet plan
When:various times throughout July
Where:various Orange County Library locations
Cost:Free
Contact:407-835-7480
PLAN AHEAD
PAMPERED PET EXPO
What:Vendors and information on the latest ways to spoil your furriest friends
When:Aug 7 – 4 – 9pm
8th – 10am – 7pm
9th – 10am – 5pm
Where:Orange County Convention Center
9800 International Drive
Orlando
Cost:$10 – 12
Contact:407-345-9800
A NIGHT WITH THE DOLLY MAMAS
What:costume party & wine tasting benefitting Easter Seals of Central Florida
When:Aug 7 – 5 – 8pm
Where:Bullfish
102 N. Park Ave.
Winter Park
Cost:$25 advance; $40 at the door
Contact:407-644-2969
NEON DANCE FOR ADULTS WITH SPECIAL NEEDS
What:special dance for adults with disabilities
When:Aug 7 – 6 – 9pm
Where:Loch Haven Park Neighborhood Center
610 N. Lake Formosa Dr.
Orlando
Cost:$1
Contact:407-896-9372
CUP-A-THON BENEFIT
What:clay cups, chalices, goblets, tumblers, mugs & bowls by artists & facultyto benefit the school
What:outdoor screening of Veggie Tales:The Pirates Who Don’t Do Anything
When:Aug 14 – 8pm
Where:Knight’s Plaza @ UCF Arena
N. Gemini Blvd.
Orlando
Cost:Free
Contact:407-823-3070
MASTER GARDENER PROGRAM
When:Tuesdays, Aug 18 – Nov. 17 – 8:30am – 4:30pm
Where:Orange County Extension Education Center
6021 S. Conway Rd.
Orlando
Cost:$75
Contact:407-254-9200
17TH ANNUAL MARCH OF DIMES MUD VOLLEYBALL TOURNAMENT
What:coed teams of 6 – 10 players
When:Aug 22
Where:Lee Vista Center
Lee Vista between Judd Rd & SR 436
Orlando
Cost:team registration $450 til 8/1; $500 after – teams raising over $1500 receive special benefits
Contact:407-599-5077 x 24
CIVILIAN POLICE ACADEMY
What:13 week course to educate citizens about the Sheriff’s Dept. includes demos, tours, q & a – no physical requirements
When:Sept 1 – 6:30 – 9:30pm
Where:Orange County Sheriff’s Office
2500 W. Colonial Dr.
Orlando
Cost:Free, registrations required, must be 19+ & a background check will be performed
Contact:407-254-7389
BRAILE TRANSCRIBER
What:9-month course leading to certification; materials & equipment provided; includes study & exercises at home
When:Tuesdays, Sep 8 – 10 -11am
Where:Braille Assn of Mid-Florida, Inc.
1500 Falcon Drive
Orlando
Cost:Free; orientation 9/1 – 10 – 11am
Contact:407-894-8130
For information on Orlando real estate and Orlando homes for sale in addition to Orlando relocation contact Marc Grossman, your Greater Orlando Area Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
The City of Apopka is raising the millage rate, but because of governmentese it is called a rate rollback.The reason they can do this is the municipality can raise the rate so that they can continue receiving the same amount of funds as in the previous year.The current rate is 3.5168 mils and the proposed rate is 4.1115, an almost 17% increase.
According to a city official that I spoke with he stated that we should not pay more since property values have gone down in the past year.This may be so in some instances, but not all.
With everything that has been going on for the past two years and the expected shortfalls, why did the city build an amphitheater?Was this a necessity, other than for more religious concerts?Seriously, have we forgotten about the separation of church and state?
There are 2 more meeting scheduled for September, the next being on the 16th.If you have an issue with this rate hike (oh I’m sorry, rollback) than you need to have your voice heard. Anyway, just my .02.
Posted on July 21, 2009 by Marc Grossman in Events
This is a guide to a smattering of events occurring in the Greater Orlando Central Florida area.The sections are divided into Art, Music, Theater, Author, Nature, Etc, and Plan Ahead.There is surely something for everyone.There is also a complementary list of On-Going events in the area as well & you can find those by Clicking Here!
What:Beatrix Potter’s children’s story is translated for the stage
When:July 24 – 6:30pm
25th – 2 & 6:30pm
26th – 2pm
Where:The Plaza Theatre
425 N. Bumby Ave.
Orlando
Cost:$12
Contact:407-228-1220
STEVESONGS
What:Mr. Steve from PBS Kids performs songs
When:July 25 – 11am & 2pm
Where:Orlando Repertory Theatre
1001 Princeton St.
Orlando
Cost:$12 adults; $6 children
Contact:407-896-7365
ACTIVITIES DAY FOR CHILDREN WITH DISABILITIES
What:activities for children with disabilities whether it be learning, physical or mental plus food & drink and a panel of doctors for parents to question
When:July 25 – noon – 5pm
Where:Rosen Plaza
9700 International Drive
Orlando
Cost:$5
Contact:407-770-7809
FOOD & WINE
WINE FOR US
What:a tasting to benefit Water For People
When:July 30 – 6 – 8pm
Where:Orange County Regional History Center
65 E. Central Blvd.
Orlando
Cost:$35
Contact:407-423-0030
NATURE – ENVIRONMENT
VEGETABLE GARDENING
What:with Ed Thralls, residential horticulturist & master gardener with the Orange County/IFAS extension
When:various times throughout July
Where:various Orange County Library locations
Cost:Free
Contact:407-835-7481
TREE GIVEAWAY
What:for Orange County Residents – 2 trees per household + 15 min. training session
When:July 25 – 8am – noon
Where:Bear Creek Park
1600 Bear Crossing Drive
Orlando
Cost:Free
Contact:407-254-9200
SUMMER LANDSCAPE DESIGN
What:limited to first 25 families; class materials included
When:Tuesdays, July 28 – Aug 11 – 7 – 9pm
Where:Orange County Extension Education Center
6021 S. Conway Rd.
Orlando
Cost:$20 per residence
Contact:407-254-9200
ETC.
BROWN BAG LUNCH & LEARN:JOURNEY TO THE JUNGLE
What:lecture on six of Central Florida Zoo’s more exotic inhabitants
Cost:Free + receive free tickets to a future race at Orlando Speedworld
Contact:407-835-7480
DISASTER PREPAREDNESS
What:presented by the Orange County Emergency Management Office discussing developing a family plan, disaster supply kit, securing your home & a pet plan
When:various times throughout July
Where:various Orange County Library locations
Cost:Free
Contact:407-835-7480
PLAN AHEAD
DIAMONDS ARE FOREVER
What:learn the basics including soil prep, pH balance, etc.
When:Aug 1 – 9 – 10:30am
Where:Orange County Extension Education Center
6021 S. Conway Rd.
Orlando
Cost:Free
Contact:407-254-9200
THIRSTY FOR CHANGE
What:Orange County Young Democrats welcome state senator and candidate for attorney general Dan Gelber for a Q&A session following a brewery tour and prepared remarks
What:Bond-style evening of drinks and gaming to benefit City of Life
When:July 31 – 7pm
Where:Citrus Club
255 S. Orange Ave
Orlando
Cost:$50
FALL VEGETABLE GARDENING
What:learn the basics including soil prep, pH balance, etc.
When:Aug 1 – 9 – 10:30am
Where:Orange County Extension Education Center
6021 S. Conway Rd.
Orlando
Cost:Free
Contact:407-254-9200
SUMMER SING
What:The Bach Festival Society invites people who love to sing to experience performing in the professional choir, regardless of skill
When:Aug 3 – 7pm
Where:Rollins College
Tiedtke Concert Hall
1000 Holt Ave.
Winter Park
Cost:Free
Contact:407-646-1517
PAMPERED PET EXPO
What:Vendors and information on the latest ways to spoil your furriest friends
When:Aug 7 – 4 – 9pm
8th – 10am – 7pm
9th – 10am – 5pm
Where:Orange County Convention Center
9800 International Drive
Orlando
Cost:$10 – 12
Contact:407-345-9800
TWO GENTLEMEN OF VERONA:THE MUSICAL
What:toe-tapping version of Shakespeare’s comedy
When:Aug 7 – 7pm
8th – 7pm
9th – 2pm
Where:Lowndes Shakespeare Center
812 E. Rollins St.
Orlando
Cost:$10 donation
Contact:407-447-1700
For information on Orlando real estate and Orlando homes for sale in addition to Orlando relocation contact Marc Grossman, your Greater Orlando Area Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 17, 2009 by Marc Grossman in Market Reports
The following are the market sales statistics for Winter Springs, Seminole County, Florida for June 2009. Winter Springs is made up of the zip code 32708. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order.The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.More high-end homes might be sold in one month as opposed to another.By looking at a longer period, you will get a better overall picture.It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
51 homes sold during the month of June.
The average sales price is $235,935 with 179 days on the market.
The median sales price is $220,000.
The sales to list price ratio is 93%.
The most expensive home sold for $538,750 and was on the market 361 days
The least expensive home sold for $49,000 in North Orlando after 249 days on the market.
The average sales price for the same period a year earlier was $269,541 with 139 days on the market on 22 sales, an increase of 132%.
The month to month changes show an increase in the average sales price of 17% and an increase in the median sales price of 49%.Yet, there was an increase in sales volume of 122% with a 1% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
8 homes sold
The average sales price is $120,207 with 123 days on the market.
The median sales price is $124,000.
The sales to list price ratio is 91%.
The most expensive townhome sold for $155,000 in Harbor Winds and was new construction.
The least expensive townhome sold for $78,000 in the Highlands after 237 days on the market.
The average sales price a year earlier was $166,507 with 85 days on the market on 5 sales, a 60% decrease.
The month to month changes show a decrease in the average sales price of 21% and a decrease in the median sales price of 18%.There was an increase in sales volume of 700% with a 7% decrease in the sales to list price ratio.
For information on Winter Springs and Seminole County real estate and Winter Springs and Seminole County homes for sale in addition to Winter Springs and Seminole County relocation contact Marc Grossman, your Winter Springs and Seminole County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 17, 2009 by Marc Grossman in Market Reports
The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for June 2009. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order.The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.More high-end homes might be sold in one month as opposed to another.By looking at a longer period, you will get a better overall picture.It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
39 homes sold during the month of June.
The average sales price is $298,426 with 112 days on the market.
The median sales price is $191,000.
The sales to list price ratio is 95%.
The most expensive home sold for $1.25M in Virginia Heights after 800 days on the market.
The least expensive home sold for $85,600 in The Pines after 151 days on the market.
The average sales price for the same period a year earlier was $546,795 with 185 days on the market and on 44 sales, a decrease of 11%.
The month to month changes show an increase in the average sales price of 8% and a decrease in the median sales price of 9%.There was also a decrease in sales volume of 17% with a 2% increase in the sales to list price ratio.
Condos, Townhomes & Villas
14 homes sold
The average sales price was $121,104 with 107 days on the market.
The median sales price was $78,500.
The sales to list price ratio is 89%.
The most expensive condo sold for $540,000 in Phillips Circle Whispering Waters and was on the market 759 days.
The least expensive condo sold for $26,500 in The Colonies after 84 days on the market.
The average sales price a year earlier was $287,899 with 193 days on the market on 10 sales, an increase of 40%.
The month to month changes show an increase in the average sales price of 22% and a decrease in the median sales price of 5%.Yet, there was a decrease in sales volume of 13% with a 5% decrease in the sales to list price ratio.
For information on Winter Park and Seminole and Orange County real estate and Winter Park and Seminole and Orange County homes for sale in addition to Winter Park and Seminole and Orange County relocation contact Marc Grossman, your Winter Park and Seminole and Orange County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 17, 2009 by Marc Grossman in Market Reports
The following are the market sales statistics for Windermere, Orange County, Florida for June 2009. Windermere is made up of the zip code 34786. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order.The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.More high-end homes might be sold in one month as opposed to another.By looking at a longer period, you will get a better overall picture.It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
61 homes sold during the month of June.
The average sales price is $420,165 with 111 days on the market.
The median sales price is $273,750.
The sales to list price ratio is 96%.
The most expensive home sold for $1.85M in Keenes Pointe and was on the market 935 days.
The least expensive home sold for $170,000 in Edens Hammock after 109 days on the market.
The average sales price for the same period a year earlier was $633,735 with 189 days on the market on 43 sales, an increase of 42%.
The month to month changes show an increase in the average sales price of 12% and a decrease in the median sales price of 4%.Yet, there was an increase in sales volume of 74% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
8 homes sold.
The average sales price is $112,250 with 126 days on the market.
The median sales price is $109,000.
The sales to list price ratio is 92%.
The most expensive townhome sold for $135,000 in Merrick Landing and was on the market 267 days.
The least expensive sold for $97,000 in Lakes of Windermere Lake Reams Townhomes after 45 days on the market.
The average sales price for the same period a year earlier was $184,556 with 161 days on the market on 11 sales, a decrease of 27%.
The month to month changes show a decrease in the average sales price of 70% and a decrease in the median sales price of 9%.The decreases are due to the fact that a villa sold for over $2M the previous month.There was a decrease in sales volume of 11% with a 3% increase in the sales to list price ratio.
For information on Windermere and Orange County real estate and Windermere and Orange County homes for sale in addition to Windermere and Orange County relocation contact Marc Grossman, your Windermere and Orange County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 17, 2009 by Marc Grossman in Market Reports
The following are the market sales statistics for Seminole County, Florida for June 2009. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order.The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.More high-end homes might be sold in one month as opposed to another.By looking at a longer period, you will get a better overall picture.It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
338 homes sold during the month of June.
The average sales price is $239,510 with 93 days on the market.
The median sales price is $197,250.
The sales to list price ratio is 94%.
The most expensive home sold for $1.45M in Spring Lake Pointe in Altamonte Springs and was on the market 236 days.
The least expensive home sold for $17,100 in Park View in Sanford after 44 days on the market.
The average sales price for the same period a year earlier was $310,662 with 154 days on the market and on 281 sales an increase of 20%.
The month to month changes show an increase in the average sales price of 17% and an increase in the median sales price of 11%.There was an increase in sales volume of 32% with no change in the sales to list price ratio.
Condos, Townhomes & Villas
129 homes sold
The average sales price was $75,725 with 83 days on the market.
The median sales price was $60,000.
The sales to list price ratio is 96%.
The most expensive condo sold for $254,000 at Gateway at Riverwalk in Sanford and was on the market 59 days.
The least expensive condo sold for $17,000 at Carrington Park in Maitland after 50 days on the market.
The average sales price a year earlier was $144,949 with 125 days on the market on 57 sales, an increase of 126%.
The month to month changes show a decrease in the average sales price of 7% and a decrease in the median sales price of 6%.There was also an increase in sales volume of 30% with a 1% increase in the sales to list price ratio.
For information on Seminole County real estate and Seminole County homes for sale in addition to Seminole County relocation contact Marc Grossman, your Seminole County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Posted on July 16, 2009 by Marc Grossman in Market Reports
The following are the market sales statistics for Sanford, Seminole County, Florida for June 2009. Sanford is made up of the zip codes of 32773 & 32771. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order.The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let’s put it this way, what’s happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.More high-end homes might be sold in one month as opposed to another.By looking at a longer period, you will get a better overall picture.It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
54 homes sold during the month of June.
The average sales price is $163,428 with 61 days on the market.
The median sales price is $143,450.
The sales to list price ratio is 94%.
The most expensive home sold for $850,000 in the Lake Markham Preserve and was on the market 521 days.
The least expensive home sold for $17,100 in Park View after 44 days on the market.
The average sales price for the same period a year earlier was $255,446 with 158 days on the market on 47 sales, an increase of 15%.
The month to month changes show an increase in the average sales price of 16% and an increase in the median sales price of 10%.There was also an increase in sales volume of 8% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
16 homes sold
The average sales price was $114,635 with 153 days on the market.
The median sales price was $110,000.
The sales to list price ratio is 94%.
The most expensive condo sold for $254,000 in Gateway at Riverwalk and was on the market 59 days.
The least expensive sold for $35,000 in Park Ave Villas after 252 days on the market.
The average sales price a year earlier was $155,471 with 116 days on the market on 11 sales, an increase of 45%.
The month to month changes show a decrease in the average sales price of 11% and a decrease in the median sales price of 22%.There was a decrease in sales volume of 16% with a 1% decrease in the sales to list price ratio.
For information on Sanford and Seminole County real estate and Sanford and Seminole County homes for sale in addition to Sanford and Seminole County relocation contact Marc Grossman, your Sanford and Seminole County Realtor @ 407-463-1034. Additional information is available for SeminoleCounty real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
