Lake Mary, Seminole County, FL – Market Sales Statistics for April ‘08

The following are the market sales statistics for Lake Mary, Seminole County, Florida for April 2008. 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.

32746 - Single-Family Homes

24 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 $365,471 with 153 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 $323,750.

The most expensive home sold for $975,000 and was on the market for 304 days. It was a 5 bedroom, 5 bath, 3-car garage home with 4664sf home built in 2005 in a gated community on .67 acre with a heated spa, tray ceilings, crown mouldings, granite countertops, etc. The HOA is $1300/semi-annually.

The least expensive home sold for $205,000 after 190 days on the market. It was a bank owned 4 bedroom, 2 bath, 2-car garage home in 1895sf built in 2002 on .11 acre with tile and a fenced yard. The community offers a pool and clubhouse with an HOA of $204 quarterly.

The average sales price for the same period a year earlier was $586,066 with 124 days on the market.

32746 - Condos, Townhomes & Villas

7 homes sold

The average sales price was $200,199 with 117 days on the market.

The median sales price was $216,000.

The most expensive townhome was new construction and sold for $324,900. It was a 3 bedroom, 3½ bath, 2-car garage 3-story townhome in 2280sf in a gated community with tile roofs, granite countertops and stainless steel appliances. The community offers a pool, fitness area and playground with a monthly maintenance of $298.

The least expensive sold for $99,000 and was on the market for 133 days. It was a bank owned 2 bedroom, 2 bath, 2^nd floor previous condo conversion 899sf built in. The community offers a pool and rec building with a monthly maintenance of $242.55.

The average sales price a year earlier was $170,399 with 101 days on the market.