The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for June 2008. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Additionally, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let's put it this way, what's happening in one neighborhood may not be realized in the neighborhood next door. It is all relative and this has to be understood when utilizing these stats.
44 homes sold during the month of June.
The average sales price, which is the total sold volume divided by the number of homes sold is $546,795 with 185 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 $309,500.
The most expensive home sold for $3.1M and was on the market for 315 days. It was a 4 bedroom, 4½ baths, lakefront home in 3571sf built in 1921 on .7 acre with a circular driveway and 1-car garage, a boat house w/hoist, fireplace, screen enclosed pool and was listed as ‘renovate or rebuild’ with no HOA.
The average sales price for the same period a year earlier was $555,131 with 120 days on the market.
Condos, Townhomes & Villas
10 homes sold
The average sales price was $287,899 with 193 days on the market.
The median sales price was $161,000.
The most expensive condo sold for $1.4M and was on the market 86 days. It was a 3 bedroom, 4½ bath condo with 3272sf built in 1990 in Winter Park with underground parking, 2 balconies, 2 fireplaces, French doors, secure building and elevator with Spanish tiled courtyard with a fountain and palms. The complex has a pool with a monthly maintenance of $1750.
The least expensive sold for $76,000 and was on the market for 50 days. It was a 1 bedroom, 1 bath, 727sf condo built in 1970 and was in need of updating. The community offers 3 pools, tennis courts, shuffleboard and a clubhouse with a monthly maintenance is $305.
The average sales price a year earlier was $237,699 with 131 days on the market.
For information on Winter Park and Seminole and Orange County real estate and Winter Park and Seminole and Orange County homes for sale in addition to Winter Park and Seminole and Orange County relocation contact Marc Grossman, your Winter Park and Seminole and Orange 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.
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!