Windermere, Orange County, FL – Market Sales Statistics for December ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for December 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

40 homes sold during the month of December.

The average sales price is $604,740 with 190 days on the market.

The median sales price is $288,500.

The sales to list price ratio is 93%.

The most expensive home sold for $3.55M in Keenes Pointe and was new construction built in ‘07.

The least expensive home sold for $185,750 in Lakes of Windermere after 76 days on the market.

The average sales price for the same period a year earlier was $467,075 with 177 days on the market and a sales to list price ratio of 93% on 36 sales, an increase of 11%.

The month to month changes show an increase in the average sales price of 9% and an increase in the median sales price of 5%.  There was a decrease in sales volume of 15% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

13 homes sold.

The average sales price is $131,223 with 70 days on the market.

The median sales price is $125,000.

The sales to list price ratio is 101%.

The more expensive townhome sold for $178,600 in Preston Square.

The less expensive sold for $102,000 in Lakes of Windermere Lake Reams Townhomes after 111 days on the market.

The average sales price for the same period a year earlier was $544,379 with 331 days on the market and a sales to list price ratio of 93% on 7 sales, an increase of 86%.

The month to month changes show a decrease in the average sales price of 2% and a decrease in the median sales price of 4%.  There was a decrease in sales volume of 13% 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 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!

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Altamonte Springs, Seminole County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for November 2009. 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

27 homes sold during the month of November.

The average sales price is $149,518 with 71 days on the market.

The median sales price is $151,500.

The sales to list price ratio is 96%.

The most expensive home sold for $350,000 in Sanlando and was on the market 94 days

The least expensive home sold for $50,500 in Oakland Hills after 145 days on the market.

The average sales price for the same period a year earlier was $229,105 after 164 days on the market with a sales to list ratio of 92 on 10 sales, an increase of 170%.

The month to month changes show an increase in the average sales price of 2% and an increase in the median sales price of 4%. There was a 17.39% increase in sales volume with a 3% increase the sales to list price ratio.

Condos, Townhomes & Villas

33 homes sold

The average sales price was $53,357 with 174 days on the market.

The median sales price was $44,900.

The sales to list price ratio is 93%.

The most expensive sold for $154,900 in Key West A Condominium and was on the market 1215 days.

The least expensive sold for $20,000 in Waterside at Cranes Roost Condo after 79 days on the market.

The average sales price a year earlier was $91,040 with 226 days on the market with a sales to list price ratio of 87% on 6 sales, an increase of 450%.

The month to month changes show a decrease in the average sales price of 15% and an increase in the median sales price of 6%. There was a 21% decrease in sales volume with a 3% decrease 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 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!

Apopka, Seminole & Orange Counties, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Apopka, Seminole and Orange Counties, Florida for November 2009. Apopka is made up of the zip codes of 32703 & 32712. 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

75 homes sold during the month of November.

The average sales price is $146,575 with 79 days on the market.

The median sales price is $145,000.

The sales to list price ratio is 99%.

The most expensive home sold for $387K and was on the market 64 days

The least expensive home sold for $19,800 in Bradshaw & Thompson after 17 days on the market.

The average sales price for the same period a year earlier was $183,041 with 110 days on the market with a sales to list price ratio of 95% on 43 sales, an increase of 74%.

The month to month changes show an increase in the average sales price of 4% and an increase in the median sales price of 22%. There was a decrease in sales volume of 6% with a 4% increase in the sales to list price ratio.

Condos, Townhomes & Villas

8 homes sold

The average sales price is $90,343 with 76 days on the market.

The median sales price is $82,125.

The sales to list price ratio is 98%.

The most expensive sold for $213,000 in Wekiva Village and was on the market 88 days

The least expensive sold for $37,500 in Vineyard Condo after 60 days on the market.

For the same period a year earlier the average sales price was $127,633 with 94 days on the market with a sales to list price ratio of 91% on 3 sales, an increase of 167%.

The month to month changes show an increase in the average sales price of 9% and a decrease in the median sales price of 15%. There was a 20% decrease in sales volume with a 4% increase in the sales to list price ratio.

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 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!

Lake Mary, Seminole County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Lake Mary, Seminole County, Florida for November 2009. Lake Mary is made up of the zip code 32746. 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

34 homes sold during the month of November.

The average sales price is $308,955 with 113 days on the market.

The median sales price is $287,000.

The sales to list price ratio is 93%.

The most expensive home sold for $700K in Heathrow and was on the market 209 days.

The least expensive home sold for $35,000 in The Forest after 96 days on the market.

The average sales price for the same period a year earlier was $313,276 with 68 days on the market with a sales to list price ratio of 95% on 19 sales an increase of 79%.

The month to month changes show a decrease in the average sales price of 9% and an increase in the median sales price of 14%. There was a decrease in sales volume of 3% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

29 homes sold

The average sales price was $118,444 with 95 days on the market.

The median sales price was $79,380.

The sales to list price ratio is 102%.

The most expensive townhome sold for $306,600 in Devon Green and was on the market 136 days.

The least expensive condo sold for $37,000 in Regency Park after 64 days on the market.

The average sales price a year earlier was $98,920 with 76 days on the market with a sales to list price ratio of 91% on 12 sales, an increase of 142%.

The month to month changes show an increase in the average sales price of 29% and an increase in the median sales price of 20%. There was an increase in sales volume of 53% with a 1% increase in the sales to list price ratio.

For information on Lake Mary and Seminole County real estate and Lake Mary and Seminole County homes for sale in addition to Lake Mary and Seminole County relocation contact Marc Grossman, your Lake Mary and Seminole County Realtor @ 407-463-1034. Additional information is available for Seminole ounty 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, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Longwood, Seminole County, Florida for November 2009. 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

29 homes sold during the month of November.

The average sales price is $333,059 with 136 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 $1.25M in Alaqua and was on the market 168 days..

The least expensive home sold for $62,865 in Longdale after 89 days on the market.

The average sales price for the same period a year earlier was $275,540 with 172 days on the market with a sales to list price ratio of 94% on 22 sales, an increase of 32%.

The month to month changes show an increase in the average sales price of 20% and a decrease in the median sales price of 3%. There was a decrease in sales volume of 46% with a 3% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

8 homes sold

The average sales price is $63,500 with 34 days on the market.

The median sales price is $59,450.

The sales to list price ratio is 102%.

The most expensive townhome sold for $145,000 in Shadowbay and was on the market 74 days.

The least expensive condo sold for $19,000 in Springwood Village after 90 days on the market.

The average sales price a year earlier was $139,188 with 41 days on the market with a sales to list price ratio of 90% on 3 sales, an increase of 167%.

The month to month changes show a decrease in the average sales price of 34% and a decrease in the median sales price of 10%. There was a decrease in sales volume of 38% with a 1% 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!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for November 2009. 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

8 homes sold during the month of November.

The average sales price is $186,708 with 191 days on the market.

The median sales price is $196,500.

The sales to list price ratio is 93%.

The most expensive home sold for $280,000 in Dommerich Hills and was on the market 12 days

The least expensive home sold for $40,000 in Lake Lovely Estates after 373 days on the market.

The average sales price for the same period a year earlier was $302,590 with 96 days on the market with a sales to list price ratio of 95% on 11 sales, a decrease of 27%.

The month to month changes show a decrease in the average sales price of 47% with a decrease in the median sales price of 41%. There was a decrease in sales volume of 27% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold

The average sales price is $109,718 with 154 days on the market.

The median sales price is $80,000.

The sales to list price ratio is 98%.

The most expensive condo sold for $239,900 in Maitland Village and was new construction.

The least expensive condo sold for $23,000 in Carrington Park after 44 days on the market.

The average sales price a year earlier was $88,750 with 155 days on the market with a sales to list price ratio of 87% on 5 sales, a 120% increase.

The month to month changes show an increase in the average sales price of 53% with an increase in the median sales price of 29%. There was an 8% decrease in sales volume with a 4% increase 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!

Orlando, Orange County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Orlando, Orange County, Florida for November 2009. 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

751 homes sold during the month of November.

The average sales price is $161,435 with 110 days on the market.

The median sales price is $140,000.

The sales to list price ratio is 97%.

The most expensive home sold for $2.5M in Lake Nona and was on the market 388 days.

The least expensive home sold for $10,000 in Morgans Van after 100 days on the market.

The average sales price for the same period a year earlier was $219,605 with 138 days on the market and a sales to list price ratio of 94% on 364 sales, an increase of 106%.

The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of 7%. There was an increase in the sales volume of 4% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

382 homes sold

The average sales price was $71,953 with 73 days on the market.

The median sales price was $53,300.

The sales to list price ratio is 103%.

The most expensive condo sold for $510K in Bay View Reserve and was on the market 70 days.

The least expensive sold for $2900 in Grove Park Condo and was on the market for 108 days.

The average sales price for the same period a year earlier was $118,884 with 126 days on the market and a sales to list price ratio of 95% on 101 sales, an increase of 278%.

The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of 5%. There was a decrease in sales volume of 6% with a 1% 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!

Oviedo, Seminole County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for November 2009. 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

46 homes sold during the month of November.

The average sales price is $245,220 with 78 days on the market.

The median sales price is $211,000.

The sales to list price ratio is 95%.

The most expensive home sold for $925,000 in Terralago and was new construction.

The least expensive home sold for $50,000 in North Chuluota with 83 days on the market.

The average sales price for the same period a year earlier was $263,427 with 132 days on the market with a sales to list price ratio of 92% on 35 sales, a 31% increase.

The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of 8%. There was a decrease in sales volume of 29% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

14 homes sold

The average sales price was $119,226 with 47 days on the market.

The median sales price was $147,762.

The sales to list price ratio is 98%.

The most expensive sold for $178,738 in Clayton Crossing Townhomes and was new construction.

The least expensive condo sold for $26,900 in Villas at Lakeside after 27 days on the market.

The average sales price a year earlier was $169,397 with 79 days on the market with a sales to list price ratio of 88% on 7 sales, a decrease of 157%.

The month to month changes show an increase in the average sales price of 25% and an increase in the median sales price of 134%. There was an increase in sales volume of 29% with 9% 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!

Sanford, Seminole County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Sanford, Seminole County, Florida for November 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

61 homes sold during the month of November.

The average sales price is $191,747 with 94 days on the market.

The median sales price is $134,990.

The sales to list price ratio is 94%.

The most expensive home sold for $1.15M in the Lake Forest and was on the market 575 days.

The least expensive home sold for $20,500 in Buena Vista Estates after 42 days on the market.

The average sales price for the same period a year earlier was $225,641 with 146 days on the market with a sales to list price ratio of 97% on 25 sales, an increase of 144%.

The month to month changes show a decrease in the average sales price of 2% and a decrease in the median sales price of 11%. There was also an increase in sales volume of 9% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

28 homes sold

The average sales price was $123,292 with 75 days on the market.

The median sales price was $120,000.

The sales to list price ratio is 100%.

The most expensive condo sold for $246,600 in Gateway at Riverwalk and was new construction.

The least expensive sold for $42,000 in Granada Townhomes at Sanora after 235 days on the market.

The average sales price a year earlier was $147,152 with 96 days on the market with a sales to list price ratio of 92% on 11 sales, an increase of 155%.

The month to month changes show an increase in the average sales price of 6% and an increase in the median sales price of 22%. There was an increase in sales volume of 56% with a 3% increase 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 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!

Sanford, Seminole County, FL – Market Sales Statistics for October ‘09

The following are the market sales statistics for Sanford, Seminole County, Florida for October 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

56 homes sold during the month of October.

The average sales price is $195,731 with 98 days on the market.

The median sales price is $152,500.

The sales to list price ratio is 95%.

The most expensive home sold for $955,000 in the Lake Markham Preserve and was on the market 253 days.

The least expensive home sold for $20,000 after 38 days on the market.

The average sales price for the same period a year earlier was $195,831 with 141 days on the market with a sales to list price ratio of 95% on 31 sales, an increase of 81%.

The month to month changes show an increase in the average sales price of 31% and an increase in the median sales price of 27%. There was also a decrease in sales volume of 14% with a 2% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

18 homes sold

The average sales price was $116,124 with 80 days on the market.

The median sales price was $98,000.

The sales to list price ratio is 97%.

The most expensive condo sold for $212,000 in Terracina at Lake Forest and was new construction.

The least expensive sold for $45,000 in Castille Townhomes after 106 days on the market.

The average sales price a year earlier was $122,869 with 108 days on the market with a sales to list price ratio of 90% on 5 sales, an increase of 260%.

The month to month changes show a decrease in the average sales price of 7% and an increase in the median sales price of 9%. There was an increase in sales volume of 20% with a 2% increase 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 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!