Altamonte Springs, Seminole County, FL – Market Sales Statistics for September ‘08

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for September 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. 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 September.

The average sales price is $205,681 with 76 days on the market.

The median sales price is $212,500.

The sales to list price ratio is 96%.

The most expensive home sold for $320,000 in Spring Lake Hills and was on the market 99 days

The least expensive home sold for $66,000 in Weathersfield after 28 days on the market.

The average sales price for the same period a year earlier was $246,611 with 98 days on the market and a sales to list price ratio of 93% on 9 sales an increase of 244%.

The month to month changes show a decrease in the average sales price of 17.2% and a decrease in the median sales price of 11.5%. Yet, there was an increase in sales volume of 57% with a 2% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

15 homes sold

The average sales price was $118,793 with 262 days on the market.

The median sales price was $118,000.

The sales to list price ratio is 94%.

The most expensive condo sold for $200,000 in Emerson Plaza and was on the market 404 days.

The least expensive condo sold for $81,900 in Lake Lotus Club after 168 days on the market.

The average sales price a year earlier was $141,928 with 132 days on the market and a sales to list price ratio of 95% on 23 sales, a decrease of 35%.

The month to month changes show an increase in the average sales price of less than 1% and an increase in the median sales price of 13.5%. There was also a decrease in sales volume of 11.8% with no change in the sales to list price ratio.

For information on Altamonte Springs and Seminole County real estate and Altamonte Springs and Seminole County homes for sale in addition to Altamonte Springs and Seminole County relocation contact Marc Grossman, your Altamonte 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 profile & website.

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!

Altamonte Springs, Seminole County, FL – Market Sales Statistics for August ‘08

  (click image to enlarge)

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for August 2008.  Altamonte Springs is made up of the zip codes of 32701 & 32714.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

 

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.  Additionally, 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

 

14 homes sold during the month of August.

 

The average sales price, which is the total sold volume divided by the number of homes sold is $248,492 with 87 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 $240,000.

 

The sales to list price ratio, which means that the homes sold for 98% of their list price. 

 

The most expensive home sold for $390,000 in Spring Valley Chase and was under contract the day it was listed for sale. 

 

The least expensive home sold for $145,000 in Shady Oaks and was on the market 84 days.

 

The average sales price for the same period a year earlier was $384,267 with 129 days on the market and a sales to list price ratio of 95%.

 

 

Condos, Townhomes & Villas

 

17 homes sold

 

The average sales price was $118,452 with 177 days on the market.

 

The median sales price was $104,000.

 

The sales to list price ratio is 94%.

 

The most expensive condo sold for $330,000 in Emerson Plaza and was on the market for 380 days. 

 

The least expensive sold for $61,000 in Hidden Ridge Condos after 268 days on the market.

 

The average sales price a year earlier was $145,579 with 110 days on the market and a sales to list price ratio of 97%.

 

 

For information on Altamonte Springs and Seminole County real estate and Altamonte Springs and Seminole County homes for sale in addition to Altamonte Springs and Seminole County relocation contact Marc Grossman, your Altamonte 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 profile & website. 

 

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!

Altamonte Springs, Seminole County, FL – Market Sales Statistics for June ‘08

(click images to enlarge)

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for June 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

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. Additionally, 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. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

13 homes sold during the month of June.

The average sales price, which is the total sold volume divided by the number of homes sold is $331,737 with 178 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 $230,000.

The most expensive home sold for $970,000 after 132 days on the market. It was a 4 bedroom, 4 bath, 2-car garage lakefront home in 3974sf built in 1969 in Altamonte Springs on 1.33 acres of land in with a heated screen enclosed swimming pool, boat house with hoist and ramp, new roof, newer kitchen, breakfast room, in master suite, elevator, wine cellar, etc. The community off a boat ramp, playground and tennis courts with an optional HOA.

The least expensive home sold for $125,000 and was on the market 210 days. It was a 3 bedroom, 2 bath, 2-car garage home with 1100sf built in 1958 on .29 acre with tile throughout, french doors and a screen enclosed porch. There is no HOA.

The average sales price for the same period a year earlier was $304,735 with 102 days on the market.

Condos, Townhomes & Villas

19 homes sold

The average sales price was $125,391 with 165 days on the market.

The median sales price was $123,000.

The most expensive sold for $220,000 and was on the market for 207 days. It was a 2 bedroom, 2½ bath, 2-car garage townhome in a gated community with 1626sf built in 1998 with newer carpet, Mexican ceramic tile, fireplace. The community offers a pool, boat ramp for lake access, tennis courts, rec bldg, playground with a monthly maintenance of $337.

The least expensive sold for $55,000 after 265 days on the market. It was a 2 bedroom, 1 bath ground floor pool side condo with 1056sf built in 1971. The community offers a swimming pool and shuffleboard with a monthly maintenance of $252.

The average sales price a year earlier was $179,839 with 136 days on the market.

For information on Altamonte Springs and Seminole County real estate and Altamonte Springs and Seminole County homes for sale in addition to Altamonte Springs and Seminole County relocation contact Marc Grossman, your Altamonte 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 profile & website.

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!

Altamonte Springs, Seminole County, FL – Market Sales Statistics for May ‘08

(click images for larger picture)

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for May 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

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. Additionally, 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. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

21 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 $382,738 with 135 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 $191,000.

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 least expensive home sold for $72,000 in 33 days. It was a 3 bedroom, 2 bath bank-owned home with 1-car garage in 1056sf built in 1974 located on .24 acre. The home was listed as a handyman special with a pool that needed to be completed. There is no HOA.

The average sales price a year earlier was $325,238 with 100 days on the market.

Condos, Townhomes & Villas

16 homes sold

The average sales price was $120,538 with 175 days on the market.

The median sales price was $114,000.

The most expensive sold for $188,000 and was on the market for 163 days. It was a 3 bedroom, 2 ½ bath, 1-car garage townhome in a gated community with 1520sf built in 2005 with lake view, upgraded appliances, fire sprinklers, interior laundry room. The community offers a pool with a monthly maintenance of $227.

The least expensive sold for $84,900 and was a condo conversion. It was a 1 bedroom, 1 bath condo in 651sf built in 1971. The community has a pool, tennis courts, basketball court, picnic area & clubhouse with a monthly maintenance of $145.74.

The average sales price a year earlier was $141,450 with 147 days on the market.

Altamonte Springs, Seminole County, FL – Market Sales Statistics for April ‘08

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The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for April 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. For purposes of this analysis we are not only splitting the data according to zip codes, but also single-family homes vs, condominiums, townhomes and villas.

32714 – Single-Family Homes

11 homes sold during the month of April.

The average sales price, which is the total sold volume divided by the number of homes sold is $289,900 with 123 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 $249,900.

The most expensive home sold for $595,000 and was on the market for 592 days. It was a 4 bedroom, 3 bath 3022sf lakefront home in a gated community with a 2-car garage, a screen enclosed heated swimming pool, built in 1979 on 1.25 acres of land, with a fireplace, wood, carpet and tile flooring, a boat dock with lift and jet-ski parking. The HOA is $205/quarterly.

The least expensive home sold for $145,000 after 45 days on the market. It was a 3 bedroom, 2 bath home with 1554sf built in 1966 on .13 acre with newer carpet, tile and refrigerator, fenced yard, and a garage that’s been converted to w work shop. There is no HOA.

The average sales price for the same period a year earlier was $283,953 with 84 days on the market.

32714 – Condos, Townhomes & Villas

7 homes sold

The average sales price was $163,200 with 158 days on the market.

The median sales price was $129,900.

The most expensive condo sold for $455,500 and was on the market for 60 days. It was a 4 bedroom, 2 ½ bath, 2-car garage in a gated community with 2470sf built in 2006 in Altamonte Springs with an elevator, granite countertops, stainless steel appliances, tile roof, wood floors, plantation shutters, volume ceilings, crown moulding, wrap around balcony. The community offers a pool with a monthly maintenance of $416.

The least expensive sold for $77,000 and was a condo conversion. It was a 1 bedroom, 1 bath condo in 651sf built in 1971. The community has a pool, tennis courts, basketball court, picnic area & clubhouse with a monthly maintenance of $145.74.

The average sales price a year earlier was $130,110 with 144 days on the market.

32701 – Single Family Homes

7 homes sold

The average sales price was 163,857 with 148 days on the market.

The median sales price was $164,000.

The most expensive home sold for $226,000 in 702 days. It was a 3 bedroom, 2 bath, 2 car-garage home with 1737sf built in 1965 located on .24 acre with tile floors throughout, remodeled kitchen and baths, newer roof, a/c, windows and electrical with no HOA.

The least expensive home sold for $76,000 in 160 days. It was a 3 bedroom, 1½ bath bank-owned home with 1-car carport in 1185sf built in 1969 located on .19 acres with tile throughout, but was noted that the laundry room and kitchen wall had mold. There is no HOA.

The average sales price a year earlier was $315,200 with 103 days on the market.

32701 – Condos, Townhomes & Villas

5 homes sold

The average sales price of $83,780 with 246 days on the market.

The median sales price was $85,000.

The most expensive sold for $101,000 in 410 days. It was a 2 bedroom, 2 bath 1^st floor lakefront condo in 1002sf built in 1972 with fresh paint and new appliances. The community has 2 pools and tennis courts with a maintenance fee of $325.72/month.

The least expensive condo for $56,000 after 130 days on the market. It was a 2 bedroom, 2 bath bank-owned condo with 1157sf built in 1976 in Altamonte Springs. The community offers a pool, clubhouse, tennis courts with a monthly maintenance of $238.47.

The average sales price of a year earlier was $157,200 with 117 days on the market.

Cranes Roost Lake Park at Uptown Altamonte

Cranes Roost Park may be considered the focal point of Uptown Altamonte located in the heart of Altamonte Springs, Seminole County, Central Florida. Cranes Roost Lake is surrounded by a 1 mile path that many use for walking and jogging. Many use this even just to get in a lunchtime walk. There are areas for picnicking and you will almost always find someone feeding the ducks on the north shore line.

Cranes Roost Park additionally includes the Eddie Rose Amphitheater with its one of a kind floating stage and stadium style seating. You will find free events large and small throughout the year at Cranes Roost Park. The park is just a peaceful place to spend some time and reflect.

Cranes Roost Park is surrounded by hotels, shopping, luxury apartments & condominiums. There are offices and dining all within an upscale urban air. All of this comprises Uptown Altamonte.

There are many events throughout the month. Tuesday evenings will usually find Karaoke Madness with Cranes Comedy generally on the last Tuesday of the month. On Friday nights there is live entertainment by local artists that perform jazz, classic rock, contemporary, country and big band music. Generally on the 1^st and 3^rd Thursdays of the month there is Streetmosphere performed by the Russian born members of CirqueMosphere. Now that we are getting into summertime, there will be jazz concerts sponsored by the City of Altamonte Springs and WLOQ 103.1 our Smooth Jazz station on one Saturday a month through August. There are also other events, usually on Saturdays such as the one last week KidsFest, which was sponsored by the Altamonte Springs Police Department; walk-a-thons; and, car shows.

Of course, one of the major events is our Red, Hot & Boom fireworks show for the Fourth of July that attracts 10’s of thousands of watchers. During the celestial holiday season, the area is decked in lights and decorations in just a lovely peaceful display. For a complete list of events and their time schedule, visit www.UptownAltamonte.com.

Altamonte Springs, Seminole County, FL – Market Sales Statistics for February ‘08

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for February 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. For purposes of this analysis we are not only splitting the data according to zip codes, but also single-family homes vs, condominiums, townhomes and villas.

32714 - Single-Family Homes

4 homes sold during the month of February.

The average sales price, which is the total sold volume divided by the number of homes sold is $297,475 with 127 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 $334,950.

The most expensive home sold for $355,000 and was on the market for 184 days. It was a 4 bedroom, 3 bath 2491sf home with a 2-car garage, a screen enclosed heated swimming pool and spa, built in 1994 on .27 acres of land, with laminate wood floors, a renovated kitchen and master bath, new carpet, fresh paint and wood-burning fireplace. HOA is $172/year.

The least expensive home sold for $165,000 after 159 days on the market. It was a 3 bedroom, 2 bath, 1-car garage home with 1142sf built in 1995, with a monthly HOA of $40.50 which includes partial lawn service.

The average sales price for the same period a year earlier was $284,333 with 102 days on the market.

32714 - Condos, Townhomes & Villas

4 homes sold

The average sales price was $134,420 with 151 days on the market.

The median sales price was $133,900.

The most expensive condo sold for $149,980 and was on the market for 261 days. It was a 2 bedroom, 2 bath 2-story townhome with 1159sf built in 1983 with fenced backyard and a monthly maintenance of $41.50.

The least expensive sold for $119,900 and was on the market for 185 days and was in pre-foreclosure. It was a 2 bedroom, 2 bath condo with 1036sf built in 1986 with a remodeled kitchen and wood-burning fireplace. The community offers a pool & tennis courts with a monthly maintenance of $330.

The average sales price a year earlier was $161,394 with 103 days on the market.


32701 - Single Family Homes

2 homes sold for an average sales price of $166,750 with 145 days on the market.

The more expensive home was in pre-foreclosure and sold for $168,500 with 94 days on the market. It was a 2 bedroom, 2 bath, 2-car garage home with 1622sf built in 1987. The home has a fireplace and is located on .43 acres of land with no HOA.

The other home sold for $165,000 with 196 days on the market. It was a 2 bedroom, 1 bath home with no garage in 1276sf built in 1961 with no HOA.

The average sales price a year earlier was $264,113 with 83 days on the market.

32701 - Condos, Townhomes & Villas

4 homes sold

The average sales price was $125,725 with 119 days on the market.

The median sales price was $135,950.

The most expensive villa sold for $181,000 in 73 days. It was a 3 bedroom, 2 bath 1-story unit with no garage and 1322sf built in 1980 which has recently seen some improvements. It is located in a gated community which has a pool and tennis courts with a monthly maintenance fees are $71.

The least expensive condo sold for $50,000 in 297 days. It was a 1 bedroom, 1 bath condo with 540sf built in 1970 with new tile in the kitchen & bath plus a newer refrigerator and hot water heater. The community offers a swimming pool, tennis courts and access to a large ski lake. The maintenance fees are $180.40/month plus $58.65 quarterly.

The average sales price of a year earlier was $144,982 with 128 days on the market.


For information on Altamonte Springs and Seminole County real estate and Altamonte Springs and Seminole County homes for sale in addition to Altamonte Springs and Seminole County relocation contact Marc Grossman, your Altamonte 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 profile & website.

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!