The following are the market sales statistics forSeminole County, Florida for March 2008. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
Single-Family Homes
188 homes sold during the month of March.
The average sales price, which is the total sold volume divided by the number of homes sold is $324,801.
The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $256,250.
The most expensive home sold for $2.8M and was on the market for 411 days. It was a 6 bedroom, 6 full bath, 2 half bath 11,089sf home with an 8-car stone floor exhibition garage built in 2006 in Heathrow/Lake Mary on 1.7 acres of land, with swimming pool and spa, 22' ceilings in the living and dining rooms, 50' x 30' game room, his and her offices and huge exercise room. The HOA of $550/quarter.
The least expensive home sold for $45,000 after 40 days on the market. It was a 2 bedroom, 1 bath, 1-car detached garage bank-owned home with 660sf built in 1930 in Sanford in need of repairs from some previous water damage with no HOA.
The average sales price for the same period a year earlier was $351,832.
Condos, Townhomes & Villas
60 homes sold
The average sales price was $171,756.
The median sales price was $160,395.
The most expensive condo sold for $362,800 and was a new townhome in Lake Mary. It was a 4 bedroom, 3½ bath 3-story townhome with 2428sf and a 2-car garage with granite countertops, stainless steel appliances, tile roof in what some consider a luxury guarded community with a pool, workout room and playground with a monthly maintenance of $298.
The least expensive sold by auction for $77,000 after 294 days on the market. It was a 2 bedroom, 2 bath condo with 1085sf built in 2002 in Sanford in a gated community with a pool, clubhouse, tennis courts with a monthly maintenance of $190.
The average sales price a year earlier was $180,628.
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 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!
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