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

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The following are the market sales statistics for Seminole County, Florida for April 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

215 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 $300,916 with 146 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 $237,500.

The most expensive home sold for $1.55M and was on the market for 112 days. It was a 5 bedroom, 4½ bath, 3-car garage lakefront home with a guest house in 7732sf built in 1998 in Sanford on 1.18 acres of land, with swimming pool and spa, boat house with hoist, boat ramp, kitchen with a stacked stone fireplace. The HOA of $450/year.

The least expensive home sold for $60,000 after 197 days on the market. It was a bank-owned 3 bedroom, 2 bath home with 1304sf built in 1961 in Sanford on .14 acre being sold as-is with no HOA.

The average sales price for the same period a year earlier was $359,193 with 123 days on the market.

Condos, Townhomes & Villas

61 homes sold

The average sales price was $160,730 with 162 days on the market.

The median sales price was $150,000.

The most expensive condo sold for $455,500 and was on the market for 60 days. It was a 4 bedroom, 2 ½ bath, 2-car garage in a gated community with 2470sf built in 2006 in Altamonte Springs with an elevator, granite countertops, stainless steel appliances, tile roof, wood floors, plantation shutters, volume ceilings, crown moulding, wrap around balcony. The community offers a pool with a monthly maintenance of $416.

The least expensive condo for $56,000 after 130 days on the market. It was a 2 bedroom, 2 bath bank-owned condo with 1157sf built in 1976 in Altamonte Springs. The community offers a pool, clubhouse, tennis courts with a monthly maintenance of $238.47.

The average sales price a year earlier was $158,946 with 118 days on the market.