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The following are the market sales statistics for Longwood, Seminole County, Florida for April 2008. Longwood is made up of the zip codes of 32779 & 32750. 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.
32779 - Single-Family Homes
15 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 $521,333 with 152 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 $362,500.
The most expensive home sold for $1,195,000 and was on the market for 197 days. It was a 4 bedroom, 4 bath 4143sf home built in 2001 on .77 acres in a gated manned golf community with a 3-car garage, a screen enclosed swimming pool & spa on a pond with a fireplace, granite countertops, home automation system, etc. The community offers a pool & playground with a HOA of $688.24 quarterly.
The least expensive home sold for $234,500 after 413 days on the market. It was a 3 bedroom, 2 bath, 2-car garage home with 1801sf built in 1983 on .21 acre with a swimming pool and spa, fireplace, newer tile and wood flooring with no HOA.
The average sales price for the same period a year earlier was $567,936 with 149 days on the market.
32779 - Condos, Townhomes & Villas
4 homes sold.
The average sales price was $174,750 with 276 days on the market.
The median sales price was $161,500.
The most expensive condo sold for $245,000 and was on the market for 227 days. It was a 3 bedroom, 2½ bath 2-story, 2-car garage home with 1789sf built in 1985 with screened patio and fireplace. The community offers a swimming pool with a monthly maintenance of $368.
The least expensive sold for $131,000 and was on the market for 243. It was a 2 bedroom, 2 bath, 1-car garage 1-story end unit villa with 1086sf built in 1984 with tile roofs in a golf community. The community offers a pool & tennis courts with a monthly maintenance of $250 and an annual HOA of $232.
The average sales price a year earlier was $251,975 with 118 days on the market.
32750 - Single Family Homes
16 homes sold
The average sales price was $228,594 with 171 days on the market.
The median sales price was $203,000.
The most expensive home sold for $400,000 with 28 days on the market. It was a 5 bedroom, 3 bath, 2-car garage home with 2771sf built in 1996 on .26 acres with a solar heated pool and spa, travertine tile and brazilian wood floors, crown mouldings and gas tiki torches. The HOA is $112 quarterly.
The other home sold for $145,000 with 129 days on the market. It was a 3 bedroom, 2 bath home with no garage in 1396sf built in 1993 with tile floors, newer roof and stainless steel appliances with no HOA.
The average sales price a year earlier was $292,510 with 107 days on the market.
32750 - Condos, Townhomes & Villas
No homes sold during this period.
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2 comments:
Those are actually very good numbers. According to the numbers houses are moving pretty quickly as opposed to other areas in Florida or across the country. To move a house in 3 or 4 months these days seems like an absolute rarity. I've been trying to find more information about Florida real estate for a long time and I appreciate the information shared.
Eddie,
Orlando has pretty much consistently outpaced the rest of the country. Yes, you are correct, the numbers are looking better and better. They are not increasing by leaps and bounds, but they've still been increasing, nevertheless.
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