The following are the market sales statistics for Seminole County, Florida for May 2008. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
262 homes sold during the month of May.
The average sales price, which is the total sold volume divided by the number of homes sold is $329,856 with 143 days on the market.
The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $250,000.
The most expensive home sold for $3.5M and was new construction. It was a 7 bedroom, 9½ bath, 3-car garage lakefront home in 7638sf in Altamonte Springs on .54 acres of land in a gated community with an infinite edge swimming pool and spa, circular staircase, 2 stone fireplaces, morning kitchen in master suite, elevator, wine cellar, etc. The community off a boat ramp with an HOA of $600/quarter and $200 monthly.
The average sales price for the same period a year earlier was $344,157 with 118 days on the market.
Condos, Townhomes & Villas
63 homes sold
The average sales price was $155,597 with 182 days on the market.
The median sales price was $160,000.
The most expensive sold for $252,500 and was new construction. It was a 4 bedroom, 3½ bath, 3 floors, 2-car garage townhome in a gated community with 2088sf built in 2007 in Lake Mary with an elevator, stainless steel appliances, tile roof, etc. The community offers a pool and recreation building with a monthly maintenance of $500.
The least expensive sold for $59,900 after 116 days on the market. It was a 1 bedroom, 1 bath fixer upper condo with 781sf built in 1972 in Casselberry. The community offers boat dock, swimming pool, clubhouse, tennis courts with a monthly maintenance of $180.
The average sales price a year earlier was $175,584 with 123 days on the market.