A seven letter word, yet powerful in it’s own right. Aretha Franklin said it so well in the song, Respect. There are many levels and kinds of respect. You may respect someone for a variety of different reasons and this could be considered esteem or admiration. A butcher may have respect for their knives while a mountain climber for the elements. Take for instance having respect for someone’s rights or that of a judge or court. This may be considered deference, but it is nonetheless another form of respect. Unfortunately, there are too many that feel that respect is a right. It isn’t – it’s something that is earned. It’s intangible, but at the same time, very real! Before you can show respect for others, you must first have respect of yourself. Conversely, for others to show you respect, you must respect others as well. We take too much for granted in our daily lives and this includes the people around us. I believe that a strong ingredient of respect is that of common courtesy. Being courteous to others is not only respectful to others, but it directly reflects on you as a person. It means putting yourself in the other persons shoes instead of thinking of yourself first. This reminds me of the “ME” generation of the 80’s where it was all about me, me, me!! Personally, I could never understand that concept, yet I know of others, that still to this day, feel that it is all about ‘Me!’ Unfortunately, I always found this somewhat distasteful. I may be wrong, but as much as I can respect someone’s viewpoint, I also find the ‘me’ thing as a lack of respect of others. I don’t see how the two can co-exist. I can go on and on with this topic, but it all comes down to that we have to learn and in some cases relearn what respect is. I’m not saying to always put yourself in the backseat, so to speak. You have to take care of yourself, but not at someone else’s expense. How can someone respect themselves while doing so? Maybe I’m crazy…OK, let me rephrase that…I know I’m crazy and others with attest to this, but I also firmly believe that if you give common courtesy and respect you will get back an abundance of it. It is not just a concept, but a way of life. Imagine what a better place this would be if we could all understand those two simple concepts and put them into actions. Some may say I’m being a Pollyanna, but maybe if we all just started with someone….who knows how large this could grow! As always….Marc It Sold!....and have a great day!!
Monday, April 25, 2011
Respect
Reinventing Yourself
There comes a time at some point and for whatever reason that we may feel it is time to reinvent ourselves. We all do it, even if we think that we don’t. Of course, a lot of introspection comes with this. This time of year and especially during the holidays, for most Easter and Passover, generally bring on a reflection of our lives – where we’ve been and where we are going.
‘Reinventing’ ourselves has become a buzz word as of late. I’ve heard so many use it. Some have called it a transformation. Yes, I’m sure it is a sign of our times. There is a lot of uncertainty out there. We may be concerned about our job, our finances, where we are going – in short, OUR FUTURE!!
As I stated, a lot of introspection is needed now. I obviously came to this crossroad as well. How I got here probably differs from many for we all take our own path, but here I am, or I should say was.
I’ve been a licensed Real Estate and Mortgage Broker for almost 12 years. I love what I do!! I consider what I do as helping people achieve a goal and that is so rewarding to me. I do not have an issue with change and actually embrace it! I sometimes consider it a challenge and that is good for the mind, nevermind body and soul.
We all know, or should know, what has been occurring in the real estate and mortgage industries. The news if full of it. It has affected many of our lives greatly. This is what has led to my questioning where I stand. What should I do? Where should I go?
After searching several different avenues and looking at some of the opportunities out there as well as the ones that I could create. I’ve come to the conclusion that I don’t want to be anywhere else. I already love what I do. I never wanted to fully leave real estate. In fact, a very close friend and client said to me the other day, that real estate and I were made for each other. I know that I’m good at what I do and, no, I’m not being an egotistical bastard. But this compliment did make me think and helped in my reevaluation.
In fact, I’ve been very lucky throughout my life to have always loved what I was doing. Unfortunately, too many can not say this, so I know that I’ve lived a very fortunate life! What probably helps most, is that I have a very supportive partner.
If you are embarking on a reinvention or transformation – remember that Rome wasn’t built in a day! In other words, you need to need to be patient with yourself and have a plan. All this is for naught without some sort of plan. Look at where you want to go and then look at what will it take to get there. Do research, just don’t do this willy-nilly. Otherwise you are setting yourself up for disaster and defeating your own purpose.
This is a new path that you are taking. It involves many aspects of which education is a very important one. But remember – life is an education. School is not out yet. That doesn’t happen until you take your last breath.
No matter what obstacles we’ve seen or are in our way, all we should be doing is looking forward. This is not to say forget the past. Otherwise you lose the lesson.
Believe in yourself – remind yourself of all your personal accomplishments. At the same time, be true to yourself. Don’t try to make something of yourself that you are not. Not everyone is an entrepreneur.
Good luck on your journey! You’re not alone!
Friday, July 16, 2010
What’s Happening in Orlando and Central Florida - July 16, 2010
This is a guide to a smattering of events occurring in the Greater Orlando Central Florida area. The sections are divided into Art, Music, Theater, Food, Nature, Etc. There is surely something for everyone. There is also an extensive complementary list of On-Going events in the area as well & you can find those by Clicking Here! These are events that either occur on a regular basis or are special events for an extended period of time such as Art Exhibitions & the Theater.
ART
3RD THURSDAY GALLERY HOP
What: Including CityArts Factory, Gallery at Avalon Island, The Grand Bohemian Gallery, Orlando City Hall Gallery, The Office Gallery, Gallery at Metro, Nu Visions in Photography, Blank Space, Mother Falcon Clothing, Dog & Friends and Kush Gallery
When: July 15 – 6 – 9pm
Where: CityArts Factory
29 S. Orange Ave
Orlando
Cost: Free
Contact: 407-648--7060
THE ARTWORK OF MARLEN MUCCIO & PRAYONG DEEYING OPENING RECEPTION
What: The two artists present traditional paintings, realistic portraiture, photography and a life-size bronze sculpture
When: July 15 – 6 – 9pm
Where: The Gallery at Avalon Island
39 S. Magnolia Ave
Orlando
Cost: Free
Contact: 407-312-0708
SHADES OF GREY
What: Paintings and drawings hitting the greyscale palette by Rustin Robinson
When: July 15 – 6 – 9pm
Where: Blank Space
201 E. Central Blvd
Orlando
Cost: Free
Contact: 407-481-9001
SIXTH ANNUAL RED CHAIR AFFAIR VISUAL ARTS EXHIBIT OPENING RECEPTION
What: ArtistRegistry.com presents works relating to a red chair
When: July 15 – 6 – 9pm
Where: CityArts Factory
29 S. Orange Ave
Orlando
Cost: Free
Contact: 407-648--7060
JAZZ ART ON A SUMMER NIGHT
What: Jazz-inspired art display with music by The Jazz Revolvers
When: July 15 – 7pm
Where: Redlight Redlight
745 Bennett Rd
Orlando
Cost: Free
Contact: 407-893-9832
www.myspace.com/TheRedlightRedlight
THE DAILYCITY.COM MOBILE ART SHOW #11
What: Betsy Dye will hang cardboard cukoo clocks, felt clutches, Bob Dylan tribute paintings and more on a giant tree inside the U-Haul
When: July 15 – 7 – 9pm
Where: Downtown Orlando
Orange Ave & Pine St
Orlando
Cost: Free
FIRST FRIDAY ART STROLL IN IVANHOE VILLAGE
What: The ArtsHub presents a sidewalk stroll bursting with local artwork displays and live music
When: July 16 – 6 - 9pm
Where: Ivanhoe Village Main Street
Orange Ave btwn New Hampshire & Princeton Aves
Orlando
Cost: Free
Contact: 407-484-5839
GALLERY TALK WITH AB THE FLAGMAN
What: Hear about the artist's inspirations for making folk art
When: July 17 – 1PM
Where: Jeanine Taylor Folk Art
211 E. First St
Sanford
Cost: Free
Contact: 407-323-2774
CREATIVE NATIVES
What: A collection of artists showcasing mural-type installations, original paintings, large-scale etchings and sculpture
When: July 17 – 7 - 11pm
Where: Neon Forest Gallery
1741 S. Orange Ave
Orlando
Cost: Free
Contact: 321-217-1675
FROM DUST TO LIFE
What: The Arts Hub Florida and curator Mendi Cowles present a solo exhibition featuring the free-form artwork of Jason L. Lee
When: July 19 – 8 – 11pm
Where: Peacock Room
1321 N. Mills Ave
Orlando
Cost: Free
Contact: 407-228-0048
AUTHOR
THE RAVENOUS ROAD TRIP
What: Author John Perry shares a special reading of his book The Book That Eats People
When: July 17 – 11:30am
Where: Orlando Public Library
101 E. Central Blvd
Orlando
Cost: Free
Contact: 407-835-7481
MUSIC
LOUNGE BATTLES
What: Four-day hip-hop and emcee convention with Varras Tower, Myka, Tzarizm and others
When: July 15 – 18 – 5pm – 2am
Where: Cameo Theatre
1013 E. Colonial Dr
Orlando
Cost: $25
Contact: 407-403-5993
NERDAPALOOZA
What: Nerd culture and rock & roll meet with nerdcore hip-hop, chiptunes, wizard rock and video game-inspired music
When: July 17 & 18 – 10am - 11pm
Where: Marriott Orlando Airport Hotel
7499 August National Dr
Orlando
Cost: $20 - 30
Contact: 407-851-9000
MOVIE/THEATER
ANNIE
What: Theatre Downtown musical production about the freckle-faced orphan
When: July 15 – 17, 22 – 24, 29 - 31 – 8pm
18, 25 & 8/1 – 2:30pm
Where: Theatre Downtown
2113 N. Orange Ave
Orlando
Cost: $18
Contact: 407-841-0083
CINEMA IN THE PARK
What: Outdoor screening of The Water Horse: Legend of the Deep
When: July 16 – 8pm
Where: Downtown Sanford
W. First St & S. Park Ave
Sanford
Cost: Free
CHILDREN
TARGET FAMILY THEATRE FESTIVAL
What: Orlando Repertory Theatre presents a 10-day festival with face painting, musical petting zoo, interactive activities and entertainment by Milkshake, Airborne Comedians and others
When: July 16 – 25 – various times
Where: Loch Haven Park
2416 N. Mills Ave
Orlando
Cost: Free - $12
Contact: 407-896-7365
HANGING OUT AT THE PORCH
What: Children's Library offers afternoon games, crafts, movies and more
When: July 16 – 3pm
Where: Orlando Public Library
101 E. Central Blvd
Orlando
Cost: Free
Contact: 407-835-7481
THE LITTLE RED RIDING HOOD SHOW
What: Orlando Shakes production of the children's play about grandmother's house and the big bad wolf
When: Tues – Fri – 10:30am through August 8th
Sat – 2pm
Sun – 4:30pm
Where: Lowndes Shakespeare Center
812 E. Rollins St
Orlando
Cost: $9 - 10
Contact: 407-447-1700
NATURE – LANDSCAPING - ENVIRONMENT
A STAR TO STEER BY: CONCEPTS OF CELESTIAL NAVIGATION
What: Full-dome video explores the impact the stars have had on world exploration
When: July 17, 24 & 31 – 8:30pm
Where: Seminole State College Planetarium
100 Weldon Blvd
Sanford
Cost: $6
Contact: 407-708-2360
STORIES OF THE NIGHT SKY
What: As part of the cultural astronomy series, this show details the myths, legends and facts related to two or three constellations in the current night's sky
When: July 23 – 8:30pm
Where: Seminole State College Planetarium
100 Weldon Blvd
Sanford
Cost: $6
Contact: 407-708-2360
SKIES DOWN UNDER: SOUTHERN ASTRONOMY
What: look at six constellations only viewable in the Southern Hemisphere
When: July 30 – 8:30 – 9:30pm
Where: Seminole State College Planetarium
100 Weldon Blvd
Sanford
Cost: $6
Contact: 407-708-2360
FOOD & DRINK
5TH ANNUAL CRAZY 80’S PUB CRAWL
What: Drink around downtown in your favorite retro getup making stops at the Lodge, Finnhenry's, I-Bar, Tabu, Wall Street and Church Street
When: July 17 – 8pm
Where: The Lodge
49 N. Orange Ave
Orlando
Cost: $15 - 20
Contact: 407-650-8786
FUNDRAISING
17TH ANNUAL CELEBRITY MASCOT GAMES
What: Professional sports team mascots from around the country compete in wacky games benefitting Orlando New Hope For Kids
When: July 16 – 12:30pm
17th – 2pm
Where: Amway Arena
600 W. Amelia St
Orlando
Cost: $9 - 15
Contact: 407-849-2020
MEL’S BAD GIRLS CLUB ADULT PROM: IT’S YOUR LUCKY NIGHT
What: Dancing, prom games, appetizers, a silent auction and raffles to benefit B.A.S.E. Camp Children's Cancer Foundation
When: July 17 – 8pm
Where: Legends Sports Bar & Grill
1315 S. Orange Ave
Orlando
Cost: $30 - 40
Contact: 407-704-3644
SOUTHERN FRIED SUNDAY’S 2ND ANNUAL BIRTHDAY BENEFIT FOR THE MUSTARD SEED OF CENTRAL FLORIDA
What: Classic cars, a pin-up girl contest, cornhole tournament, dunk tank, barbecue buffet and live music to benefit the Mustard Seed of Central Florida
When: July 18 – 3:30 - 11pm
Where: Copper Rocket Pub
106 Lake Ave
Maitland
Cost: $8 w/barbeque
Contact: 407-645-0069
ETC
MAITLAND’S FOUNDING FAMILIES OPENING RECEPTION
What: As part of the Founders' Week Celebration for the 125th City of Maitland anniversary
When: July 16 – 5:30 – 7pm
Where: Maitland Historical and Telephone Museum
221 W. Packwood Ave
Maitland
Cost: $5
Contact: 407-644-1364
TWO WEEKS IN LOUISIANA
What: Crealde’s Photography Department Head Rick Lang speaks about his photographic trip to Louisiana in May 200
When: July 16 – 7 – 8:30pm
Where: Creadle School of Art
600 St. Andrew Blvd
Winter Park
Cost: Free
Contact: 407-671-1886
PARTY IN THE PARK
What: A parade, food and fireworks to celebrate Maitland's 125th anniversary
When: July 17 – 3pm
Where: Lake Lily Park
641 S. Maitland Ave
Maitland
Cost: Free
Contact: 407-539-6268
CULTURE QUEST: FLORIDA IN THE CIVIL WAR
What: Three-day educational seminar on Florida's role in the War Between the States
When: July 20 – 22 – 9am – 3pm
Where: Orange County Regional History Center
65 E. Central Blvd
Orlando
Cost: $35 - 85
Contact: 407-836-7010
For information on Orlando real estate and Orlando homes for sale in addition to Orlando relocation contact Marc Grossman, your Greater Orlando Area Realtor @ 407-463-1034. Additional information is available for 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.
Winter Springs, Seminole County, FL – Market Sales Statistics for June ‘10
The following are the market sales statistics for Winter Springs, Seminole County, Florida for June 2010. 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
36 homes sold during the month of June.
The average sales price is $231,002 with 124 days on the market.
The median sales price is $167,400.
The sales to list price ratio is 97%.
The most expensive home sold for $840,000 in Arrowhead at Tuscawilla and was on the market 316 days
The least expensive home sold for $50,000 in Wildwood after 91 days on the market.
The average sales price for the same period a year earlier was $235,395 with 79 days on the market and a sales to list price ratio of 93% on 51 sales, a 29% decrease.
The month to month changes show an increase in the average sales price of 32% and an increase in the median sales price of 14%. There was a decrease of 3% in sales volume with a 1% increase in sales to list price ratio.
Condos, Townhomes & Villas
28 homes sold
The average sales price is $118,886 with 119 days on the market.
The median sales price is $125,000.
The sales to list price ratio is 99%.
The most expensive sold for $199,900 in Jesups Reserve Townhomes and was new construction built in ‘07.
The least expensive villa sold for $27,000 in Wildwood after 198 days on the market.
The average sales price a year earlier was $120,207 with 123 days on the market and a sales to list price ratio of 91% on 8 sales, a decrease of 250%.
The month to month changes show an increase in the average sales price of 13% and an increase in the median sales price of 17%. There was an increase in sales volume of 47% with a 3% increase 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.
Winter Park, Seminole and Orange Counties, FL – Market Sales Statistics for June ‘10
The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for June 2010. 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
73 homes sold during the month of June.
The average sales price is $371,953 with 174 days on the market.
The median sales price is $235,000.
The sales to list price ratio is 95%.
The most expensive home sold for $1.975M in Windsong Preserve Point after 563 days on the market.
The least expensive home sold for $40,851 in Golfview after 46 days on the market.
The average sales price for the same period a year earlier was $298,426 with 112 days on the market and a sales to list price ratio of 95% and on 39 sales, an increase of 87%.
The month to month changes show a decrease in the average sales price of 8% and an increase in the median sales price of 24%. There was an increase in sales volume of 20% with a 2% increase in the sales to list price ratio.
Condos, Townhomes & Villas
29 homes sold
The average sales price was $90,642 with 164 days on the market.
The median sales price was $40,000.
The sales to list price ratio is 98%.
The most expensive townhome sold for $490,000 in Douglas Grand and was new construction built in ‘08.
The least expensive sold for $16,000 in Summerlin at Winter Park Condo after 42 days on the market.
The average sales price a year earlier was $121,104 with 107 days on the market and a sales to list price ratio of 89% on 14 sales, an increase of 107%.
The month to month changes show an increase in the average sales price of 16% and no change in the median sales price. There was an increase in sales volume of 16% with a 1% increase 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.
Windermere, Orange County, FL – Market Sales Statistics for June ‘10
The following are the market sales statistics for Windermere, Orange County, Florida for June 2010. 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
63 homes sold during the month of June.
The average sales price is $517,105 with 211 days on the market.
The median sales price is $375,000.
The sales to list price ratio is 96%.
The most expensive home sold for $3.325M in Keenes Pointe and was on the market 1472 days.
The least expensive home sold for $175,000 in Lakes of Windermere after 198 days on the market.
The average sales price for the same period a year earlier was $420,165 with 111 days on the market and a sales to list price ratio of 96% on 61 sales, an increase of 3%.
The month to month changes show a decrease in the average sales price of 22% and a decrease in the median sales price of 10%. There was an increase in sales volume of 50% with 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
13 homes sold.
The average sales price is $136,721 with 163 days on the market.
The median sales price is $116,000.
The sales to list price ratio is 98%.
The more expensive townhome sold for $189,891 in Oasis Cove at Lakeside Village and was new construction.
The less expensive sold for $89,500 in Lakeside at Lakes of Windermere Condo after 134 days on the market.
The average sales price for the same period a year earlier was $112,250 with 126 days on the market and a sales to list price ratio of 92% on 8 sales, an increase of 63%.
The month to month changes show a decrease in the average sales price of 5% and a decrease in the median sales price of 16%. There was an increase in sales volume of 18% 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 forSeminole 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.
Seminole County, FL – Market Sales Statistics for June ‘10
The following are the market sales statistics for Seminole County, Florida for June 2010. 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
409 homes sold during the month of June.
The average sales price is $208,816 with 146 days on the market.
The median sales price is $161,250.
The sales to list price ratio is 95%.
The most expensive home sold for $2M in Heathrow Woods in Lake Mary and was on the market 34 days.
The least expensive home sold for $14,100 in Sanford after 78 days on the market.
The average sales price for the same period a year earlier was $239,510 with 93 days on the market and a sales to list price ratio of 94% on 338 sales, an increase of 21%.
The month to month changes show an increase in the average sales price of 2% and a decrease in the median sales price of 8%. There was an increase in sales volume of 25% with no change in the sales to list price ratio.
Condos, Townhomes & Villas
243 homes sold
The average sales price was $72,962 with 118 days on the market.
The median sales price was $58,000.
The sales to list price ratio is 100%.
The most expensive condo sold for $217,869 at Savannah Park in Sanford and was new construction.
The least expensive condo sold for $11,100 at Carrington Park in Maitland after 42 days on the market.
The average sales price a year earlier was $75,725 with 83 days on the market and a sales to list price ratio of 96% on 129 sales, an increase of 88%.
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 14%. There was an increase in sales volume of 15% with a 1% increase in the sales to list price ratio.
For information on Seminole County real estate and Seminole County homes for sale in addition to Seminole County relocation contact Marc Grossman, your Seminole County Realtor @ 407-463-1034. Additional information is available for 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.