Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for April ‘08

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for April 2008. 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.

32751 - Single-Family Homes

6 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 $363,333 with 1481 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 $300,000.

The most expensive home sold for $765,000 with 361 days on the market. It was a 4 bedroom, 3 bath, 2-car garage lakefront home in 2840sf built in 1970 on .34 acre on a Chain of Lakes which has been renovated with a new boat house, heated pool with spa and paver deck, bamboo wood floors, tile, granite countertops, solid oak cabinetry, stainless steel appliances, jacuzzi with an optional HOA of $200 annually.

The least expensive home sold for $210,000 after 83 days on the market. It was a 3 bedroom, 2 bath, 2-car garage in 1442sf built in 1958 on .17 acre which has been renovated with a new kitchen, carpet, wood flooring, plumbing and electrical and no HOA.

The average sales price for the same period a year earlier was $350,899 with 121 days on the market.

32751 - Condos, Townhomes & Villas

3 homes sold

The average sales price was $110,167 with 136 days on the market.

The median sales price was $115,000.

The most expensive condo sold for $126,500 with 163 days on the market. It was a 2 bedroom, 2 bath end-unit in 1087sf built in 1979 which has been remodeled and with new appliances. The community offers a pool and the monthly maintenance of $320.

The least expensive condo sold for $89,000 and was on the market for 45 days. It was a bank owned 2 bedroom, 2 bath 2nd floor conversion condo in 1051sf built in 1973 which was completely redone including new appliances including a washer & dryer. The community offers 3 pools with a monthly maintenance of $169.

The average sales price a year earlier was $187,882 with 124 days on the market.