winter springs seminole county florida
The following are the market sales statistics for Winter Springs, Seminole County, Florida for November 2008. 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
20 homes sold during the month of November.
The average sales price is $211,831 with 172 days on the market.
The median sales price is $188,000.
The sales to list price ratio is 94%.
The most expensive home sold for $474,000 in Glen Eagle and was on the market 95 days
The least expensive home sold for $60,000 in Deersong after 155 days on the market.
The average sales price for the same period a year earlier was $315,382 with 139 days on the market and a sales to list price ratio of 95% on 25 sales, a decrease of 20%.
The month to month changes show a decrease in the average sales price of 22.2 % and a decrease in the median sales price of 16.5%. Yet, there was a decrease in sales volume of 26% with no change in the sales to list price ratio.
Condos, Townhomes & Villas
4 homes sold
The average sales price was $153,804 with 106 days on the market.
The median sales price was $163,773.
The sales to list price ratio is 92%.
The most expensive condo sold for $185,670 in Harbor Winds and was new construction.
The least expensive condo sold for $102,000 in Sheoah at The Highlands after 158 days on the market.
The average sales price a year earlier was $148,565 with 529 days on the market and a sales to list price ratio of 94% on 7 sales, a decrease of 43%.
The month to month changes show am increase in the average sales price of 5.1% and a decrease in the median sales price of 22.8%. There was a decrease in sales volume of 33% with a 2% 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 Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
winter park seminole and orange county florida
The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for November 2008. 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
23 homes sold during the month of November.
The average sales price is $310,452 with 105 days on the market.
The median sales price is $159,000.
The sales to list price ratio is 97%.
The most expensive home sold for $3M in Cady and appears to have been a pocket listing in that it was listed and under contract the same day.
The least expensive home sold for $70,000 in Magnolia Gardens after 129 days on the market.
The average sales price for the same period a year earlier was $664,939 with 337 days on the market and a sales to list price ratio of 92% on 33 sales, a decrease of 30%.
The month to month changes show an increase in the average sales price of 11% and a decrease in the median sales price of 16.7%. There was also an increase in sales volume of 15% with a 3% increase in the sales to list price ratio.
Condos, Townhomes & Villas
9 homes sold
The average sales price was $263,533 with 174 days on the market.
The median sales price was $93,000.
The sales to list price ratio is 86%.
The most expensive sold for $1.2M in Residences Condo and was on the market 496 days.
The least expensive condo sold for $63,500 in Lake Killarney after 113 days on the market.
The average sales price a year earlier was $441,780 (2 condos sold for almost $2M) with 140 days on the market and a sales to list price ratio of 94% on 14 sales, an increase of 50%.
The month to month changes show an increase in the average sales price of 35% and a decrease in the median sales price of 32.4%. Yet, there was a decrease in sales volume of 25% with an 8% 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 Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
windermere orange county florida
The following are the market sales statistics for Windermere, Orange County, Florida for November 2008. 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
30 homes sold during the month of November.
The average sales price is $648,121 with 163 days on the market.
The median sales price is $403,450.
The sales to list price ratio is 91%.
The most expensive home sold for $3.1M in Isleworth and was on the market 346 days
The least expensive home sold for $200,900 in Lakes of Windermere after 114 days on the market.
The average sales price for the same period a year earlier was $693,479 with 197 days on the market and a sales to list price ratio of 94% on 24 sales, an increase of 25%.
The month to month changes show an increase in the average sales price of 56.8% and an increase in the median sales price of 7.6%. Yet, there was a decrease in sales volume of 6.3% with a 3% decrease in the sales to list price ratio. The sales price changes can be attributed to the fact that the there were 6 properties which sold for more than $1M topping at $3.1M this month as compared to the previous month.
Condos, Townhomes & Villas
3 homes sold
The average sales price was $154,000 with 90 days on the market.
The median sales price was $151,000.
The sales to list price ratio is 93%.
The most expensive villa sold for $161,000 in Summerport and was on the market 132 days.
The least expensive condo sold for $150,000 in Lakeside at Lakes of Windermere and was new construction.
The average sales price for the same period a year earlier was $214,045 with 96 days on the market and a sales to list price ratio of 97% on 5 sales, a decrease of 40%.
The month to month changes show a decrease in the average sales price of 55.5% and a decrease in the median sales price of 6.1%. Yet, there was also a decrease in sales volume of 67% with a 1% decrease in the sales to list price ratio. The decrease in these figures represents a somewhat similar increase in the previous months gains in that a villa had sold for $1.8M.
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 Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
seminole county florida
The following are the market sales statistics for Seminole County, Florida for November 2008. 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
162 homes sold during the month of November.
The average sales price is $245,663 with 142 days on the market.
The median sales price is $204,950.
The sales to list price ratio is 94%.
The most expensive home sold for $1,290,700 in Carisbrooke in Lake Mary and was new construction.
The least expensive home sold for $48,125 in West Haven in Sanford after 129 days on the market.
The average sales price for the same period a year earlier was $322,575 with 138 days on the market and a sales to list price ratio of 94% on 200 sales a decrease of 19%.
The month to month changes show a decrease in the average sales price of 19% and a decrease in the median sales price of 9%. These changes are partially due to the fact that an almost $8M property sold the previous month. There was a decrease in sales volume of 17.8% with no change in the sales to list price ratio.
Condos, Townhomes & Villas
47 homes sold
The average sales price was $126,777 with 123 days on the market.
The median sales price was $141,500.
The sales to list price ratio is 90%.
The most expensive sold for $232,500 at Highcroft Point Townhomes in Longwood and was on the market 316 days.
The least expensive condo sold for $48,250 at Regency Park in Lake Mary after 86 days on the market.
The average sales price a year earlier was $164,958 with 119 days on the market and a sales to list price ratio of 95% on 62 sales, a decrease of 24.2%.
The month to month changes show a decrease in the average sales price of 12.5% and a decrease in the median sales price of 5.4%. There was also a decrease in sales volume of 16% with a 4% decrease 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 Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
oviedo seminole county florida
The following are the market sales statistics for Oviedo, Seminole County, Florida for November 2008. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. 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
35 homes sold during the month of November.
The average sales price is $263,427 with 132 days on the market.
The median sales price is $244,000.
The sales to list price ratio is 92%.
The most expensive home sold for $465,000 in Tuska Ridge and was on the market 106 days
The least expensive home sold for $117,000 in Alafaya Woods with 122 days on the market.
The average sales price for the same period a year earlier was $327,905 with 165 days on the market and a sales to list price ratio of 95% on 35 sales.
The month to month changes show a decrease in the average sales price of 6.1% and an increase in the median sales price of less than 1.7%. There was also a decrease in sales volume of 14.6% with a 2% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
7 homes sold
The average sales price was $169,397 with 79 days on the market.
The median sales price was $189,990.
The sales to list price ratio averages out to be 88%.
The most expensive condo sold for $225,000 in Stratford Green and was new construction.
The least expensive condo sold for $55,000 in Villas at Lakeside after 137 days on the market.
The average sales price a year earlier was $196,705 with 49 days on the market and a sales to list price ratio of 95% on 7 sales.
The month to month changes show an increase in the average sales price of 7.6% and an increase in the median sales price of 13.4%. There was a decrease in sales volume of 41% with an 8% decrease in the sales to list price ratio.
For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole County Realtor @ 407-463-1034. Additional information is available for Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
orlando orange county florida
The following are the market sales statistics for Orlando, Orange County, Florida for November 2008. Orlando is made up of a multitude of zip codes. 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
364 homes sold during the month of November.
The average sales price is $219,605 with 138 days on the market.
The median sales price is $181,500.
The sales to list price ratio is 94%.
The most expensive home sold for $3.1M in Lake Nona in Orlando and was on the market 725 days.
The least expensive home sold for $17,500 in Orlando after 68 days on the market.
The average sales price for the same period a year earlier was $317,062 with 164 days on the market and a sales to list price ratio of 94% on 314 sales, an increase of 16%.
The month to month changes show a decrease in the average sales price of 1.4% and a decrease in the median sales price of 2.4%. Yet, there was a decrease in sales volume of 11% with a 1% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
101 homes sold
The average sales price was $118,884 with 126 days on the market.
The median sales price was $95,000.
The sales to list price ratio is 95%.
The most expensive villa sold for $375,000 in Baldwin Park and was new construction.
The least expensive sold for $17,000 in Avalon Condo in Orlando and was on the market for 72 days.
The average sales price for the same period a year earlier was $229,803 with 129 days on the market and a sales to list price ratio of 95% on 101 sales.
The month to month changes show a decrease in the average sales price of 11.2% and a decrease in the median sales price of 12.8%. There was also a decrease in sales volume of 9.2% with a 4% increase in the sales to list price ratio.
For information on Orlando real estate and Orlando homes for sale in addition to Orlando relocation contact Marc Grossman, your Orlando Realtor @ 407-463-1034. Additional information is available for Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
orange county florida
The following are the market sales statistics for Orange County, Florida for November 2008. The major city in Orange County is Orlando. For purposes of this analysis we are 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
522 homes sold during the month of November.
The average sales price is $249,278 with 145 days on the market.
The median sales price is $195,000.
The sales to list price ratio is 94%.
The most expensive home sold for $3.1M in Lake Nona in Orlando and was on the market 725 days.
The least expensive home sold for $17,500 in Orlando after 68 days on the market.
The average sales price for the same period a year earlier was $357,088 with 173 days on the market and a sales to list price ratio of 94% on 463 sales, a 12.7% increase.
The month to month changes show an increase in the average sales price of 6.2% and a decrease in the median sales price of 2.5%. Yet, there was a decrease in sales volume of 9.8% and a 1% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
128 homes sold.
The average sales price was $130,995 with 128 days on the market.
The median sales price was $100,000.
The sales to list price ratio is 94%
The most expensive villa sold for $1.2M in Residences Condo in Winter Park and was on the market 496 days.
The least expensive sold for $17,000 in Avalon Condo in Orlando and was on the market for 72 days.
The average sales price for the same period a year earlier was $247,849 with 125 days on the market and a sales to list price ratio of 95% on 130 sales, a decrease of 1.5%.
The month to month changes show a decrease in the average sales price of 13.4% and a decrease in the median sales price of 18%. There was a decrease in sales volume of 9.2% with a 2% increase in the sales to list price ratio.
For information on Orange and Seminole County real estate and Orange and Seminole County homes for sale in addition to Orange and Seminole County relocation contact Marc Grossman, your Orange and Seminole County Realtor @ 407-463-1034. Additional information is available for Seminole County 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.
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
maitland seminole and orange county florida
The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for November 2008. Maitland is made up of the zip code 32751. For purposes of this analysis we will be 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
11 homes sold during the month of November.
The average sales price is $302,590 with 96 days on the market.
The median sales price is $300,000.
The sales to list price ratio is 95%.
The most expensive home sold for $495,000 in Dommerich Hills and was on the market 179 days
The least expensive home sold for $150,000 in Dommerich Hills after 121 days on the market.
The average sales price for the same period a year earlier was $430,888 with 186 days on the market and a sales to list price ratio of 93% on 9 sales, an increase of 22%.
The month to month changes show a decrease in the average sales price of 9.4% with a 16.7% decrease in the median sales price. Yet, there was an increase in sales volume of 57% with a 3% increase in the sales to list price ratio.
Condos, Townhomes & Villas
5 homes sold
The average sales price was $88,750 with 155 days on the market.
The median sales price was $99.750.
The sales to list price ratio is 87%.
The most expensive sold for $123,000 in Park Lake Grove and was on the market 200 days.
The least expensive condo sold for $53,000 in Carrington Park after 35 days on the market.
The average sales price a year earlier was $214,833 with 92 days on the market and a sales to list price ratio of 97% on 3 sales, a 67% increase.
The month to month changes show a decrease in the average sales price of 6.8% and a decrease in the median sales price of 3.2%. There was a 25% increase in sales volume with a 10% decrease in the sales to list price ratio.
For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland and Seminole and Orange County Realtor @ 407-463-1034. Additional information is available for Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
longwood seminole county florida
The following are the market sales statistics for Longwood, Seminole County, Florida for November 2008. Longwood is made up of the zip codes of 32779 & 32750. 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
22 homes sold during the month of November.
The average sales price is $617,509 with 191 days on the market.
The median sales price is $275,000.
The sales to list price ratio is 94%.
The most expensive home sold for $1.091M in Alaqua Lakes and was on the market 203 days..
The least expensive home sold for $93,500 in Wildmere Manor after 114 days on the market.
The average sales price for the same period a year earlier was $449,828 with 129 days on the market and a sales to list price ratio of 94% on 21 sales, an increase of 4.8%.
The month to month changes show a decrease in the average sales price of 55.4% and a decrease in the median sales price of 18.2%. Adjusting the changes for the fact that there were quite a few higher priced homes that sold the previous month, the yields would reflect decreases of 19.4% and 15%, respectively. There was a decrease in sales volume of 18.5% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
3 homes sold
The average sales price was $139,188 with 41 days on the market.
The median sales price was $110,065.
The sales to list price ratio is 90%.
The most expensive sold for $232,500 in Highcroft Point Townhomes and was on the market 316 days.
The least expensive condo sold for $75,000 in Springwood Village after 570 days on the market.
The average sales price a year earlier was $197,483 with 66 days on the market and a sales to list price ratio of 95% on 6 sales, a decrease of 50%.
The month to month changes show a decrease in the average sales price of 8.4% and a decrease in the median sales price of 27.3%. There was also a decrease in sales volume of 25% with a 9% decrease in the sales to list price ratio.
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 Seminole County 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
Marc It Sold!
