Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for November 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

8 homes sold during the month of November.

The average sales price is $186,708 with 191 days on the market.

The median sales price is $196,500.

The sales to list price ratio is 93%.

The most expensive home sold for $280,000 in Dommerich Hills and was on the market 12 days

The least expensive home sold for $40,000 in Lake Lovely Estates after 373 days on the market.

The average sales price for the same period a year earlier was $302,590 with 96 days on the market with a sales to list price ratio of 95% on 11 sales, a decrease of 27%.

The month to month changes show a decrease in the average sales price of 47% with a decrease in the median sales price of 41%. There was a decrease in sales volume of 27% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold

The average sales price is $109,718 with 154 days on the market.

The median sales price is $80,000.

The sales to list price ratio is 98%.

The most expensive condo sold for $239,900 in Maitland Village and was new construction.

The least expensive condo sold for $23,000 in Carrington Park after 44 days on the market.

The average sales price a year earlier was $88,750 with 155 days on the market with a sales to list price ratio of 87% on 5 sales, a 120% increase.

The month to month changes show an increase in the average sales price of 53% with an increase in the median sales price of 29%. There was an 8% decrease in sales volume with a 4% increase in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for October ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for October 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

11 homes sold during the month of October.

The average sales price is $350,795 with 215 days on the market.

The median sales price is $335,000.

The sales to list price ratio is 94%.

The most expensive home sold for $767,350 in Maitland Isle and was on the market 54 days

The least expensive home sold for $58,000 in Hamlet at Maitland after 64 days on the market.

The average sales price for the same period a year earlier was $333,857 with 173 days on the market with a sales to list price ratio of 92% on 7 sales, an increase of 57%.

The month to month changes show an in crease in the average sales price of 32% with an increase in the median sales price of 53%. There was a decrease in sales volume of 45% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

12 homes sold

The average sales price is $71,504 with 167 days on the market.

The median sales price is $62,250.

The sales to list price ratio is 94%.

The most expensive condo sold for $185,000 in West Cove Condo and was on the market 423 days.

The least expensive condo sold for $25,000 in Carrington Park after 120 days on the market.

The average sales price a year earlier was $95,267 with 87 days on the market with a sales to list price ratio of 97% on 4 sales, a 2000% increase.

The month to month changes show an increase in the average sales price of 44% with an increase in the median sales price of 15%. There was a 20% increase in sales volume with a 1% decrease in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for September ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for September 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

20 homes sold during the month of September.

The average sales price is $266,750 with 142 days on the market.

The median sales price is $218,500.

The sales to list price ratio is 94%.

The most expensive home sold for $680K in Lake Colony and was on the market 353 days

The least expensive home sold for $103,000 in Lakewood Shores after 356 days on the market.

The average sales price for the same period a year earlier was $381,409 with 71 days on the market with a sales to list price ratio of 92% on 11 sales, an increase of 82%.

The month to month changes show a decrease in the average sales price of 18% with an increase in the median sales price of 20%. There was an increase in sales volume of 233% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

10 homes sold

The average sales price is $49,763 with 117 days on the market.

The median sales price is $54,000.

The sales to list price ratio is 95%.

The most expensive condo sold for $75,000 in Visconti East and was on the market 389 days.

The least expensive condo sold for $18,000 in Carrington Park after 139 days on the market.

The average sales price a year earlier was $127,925 with 99 days on the market with a sales to list price ratio of 93% on 4 sales, a 150% increase.

The month to month changes show a decrease in the average sales price of 12% with a decrease in the median sales price of 18%. There was an 11% increase in sales volume with a 10% decrease in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for August ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for August 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

6 homes sold during the month of August.

The average sales price is $326,616 with 197 days on the market.

The median sales price is $181,500.

The sales to list price ratio is 93%.

The most expensive home sold for $820K in Lake Sybelia Cove and was on the market 271 days

The least expensive home sold for $78,800 in Druid Hills Park after 305 days on the market.

The average sales price for the same period a year earlier was $365,423 with 144 days on the market with a sales to list price ratio of 92% on 13 sales, a decrease of 54%.

The month to month changes show a decrease in the average sales price of 10% with a decrease in the median sales price of 37%. There was a decrease in sales volume of 63% with a 2% increase in the sales to list price ratio.

Condos, Townhomes & Villas

9 homes sold

The average sales price is $56,770 with 148 days on the market.

The median sales price is $65,500.

The sales to list price ratio is 105%.

The most expensive townhome sold for $91,500 in Lake Faith Villas and was on the market 122 days.

The least expensive condo sold for $28,710 in Carrington Park after 80 days on the market.

The average sales price a year earlier was $179,333 with 194 days on the market with a sales to list price ratio of 93% on 6 sales, a 50% increase.

The month to month changes show a decrease in the average sales price of 48% with a decrease in the median sales price of 21%. There was a 18% decrease in sales volume with a 6% increase in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for July ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for July 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

20 homes sold during the month of July.

The average sales price is $364,137 with 104 days on the market.

The median sales price is $290,000.

The sales to list price ratio is 91%.

The most expensive home sold for $995K in Ford & Warren Subdivision and was on the market 64 days

The least expensive home sold for $28,900 in Maitland Forest after 31 days on the market.

The average sales price for the same period a year earlier was $294,068 with 151 days on the market with a sales to list price ratio of 95% on 16 sales.

The month to month changes show an increase in the average sales price of 6% with an increase in the median sales price of 10%. There was a decrease in sales volume of 20% with a 2% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold

The average sales price is $109,005 with 128 days on the market.

The median sales price is $83,000.

The sales to list price ratio is 99%.

The most expensive townhome sold for $249,900 in Maitland Village and was on the market 13 days.

The least expensive condo sold for $21,501 in Carrington Park after 89 days on the market.

The average sales price a year earlier was $141,225 with 36 days on the market with a sales to list price ratio of 97% on 4 sales, a 175% increase.

The month to month changes show an increase in the average sales price of 75% with an increase in the median sales price of 63%. There was a 15% decrease in sales volume with a 8% increase in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for June ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for June 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

20 homes sold during the month of June.

The average sales price is $342,737 with 52 days on the market.

The median sales price is $263,500.

The sales to list price ratio is 93%.

The most expensive home sold for $1.79M in Delroy Park and was on the market 59 days

The least expensive home sold for $79,000 in Thompson Subdivision after 44 days on the market.

The average sales price for the same period a year earlier was $403,324 with 184 days on the market on 17 sales, an increase of 18%.

The month to month changes show an increase in the average sales price of 68% with an increase in the median sales price of 21%. There was an increase in sales volume of 122% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

13 homes sold

The average sales price is $62,426 with 101 days on the market.

The median sales price is $51,000.

The sales to list price ratio is 91%.

The most expensive sold for $145,500 in Lake Faith Villas and was on the market 103 days.

The least expensive condo sold for $17,000 in Carrington Park after 50 days on the market.

The average sales price a year earlier was $141,614 with 125 days on the market on 7 sales, a 86% increase.

The month to month changes show a decrease in the average sales price of 14% with a decrease in the median sales price of 15%. There was an 86% increase in sales volume with a 4% increase in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for May ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for May 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

9 homes sold during the month of May.

The average sales price is $203,791 with 128 days on the market.

The median sales price is $217,000.

The sales to list price ratio is 92%.

The most expensive home sold for $410,000 in Druid Isle and was on the market 247 days

The least expensive home sold for $27,000 in Calhouns Subdivision after 75 days on the market.

The average sales price for the same period a year earlier was $339,264 with 99 days on the market on 11 sales, a decrease of 18%.

The month to month changes show a decrease in the average sales price of 55% with a 23% decrease in the median sales price. The reduction in average and median sales prices is due to the fact that there were homes that sold for more than $1M the previous month. Yet, there was a decrease in sales volume of 36% with a 5% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

7 homes sold

The average sales price is $72,221 with 319 days on the market, but this is skewed due to the fact that one home was on the market over 1000 days.

The median sales price is $59,650.

The sales to list price ratio is 87%.

The most expensive condo sold for $130,000 in Sun Bay and was on the market 1005 days.

The least expensive condo sold for $39,900 in Carrington Park after 237 days on the market.

The average sales price a year earlier was $262,450 with 377 days on the market on 2 sales, a 250% increase.

The month to month changes show a decrease in the average sales price of 3% with a decrease in the median sales price of 11%. There was a 30% decrease in sales volume with a 2% decrease in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for April ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for April 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

14 homes sold during the month of April.

The average sales price is $453,873 with 187 days on the market.

The median sales price is $281,500.

The sales to list price ratio is 97%.

The most expensive home sold for $2.375M in Adams Grove and was on the market 499 days

The least expensive home sold for $66,250 in Ford & Warren after 16 days on the market.

The average sales price for the same period a year earlier was $363,333 with 151 days on the market and a sales to list price ratio of 89% on 6 sales, an increase of 133%.

The month to month changes show an increase in the average sales price of 40.46% with a 54.25% increase in the median sales price. Yet, there was an increase in sales volume of 80% with a 55.56% increase in the sales to list price ratio.

Condos, Townhomes & Villas

10 homes sold

The average sales price is $74,125 with 128 days on the market.

The median sales price is $66,950.

The sales to list price ratio is 89%.

The most expensive condo sold for $240,000 in West Cove and was on the market 4 days.

The least expensive condo sold for $26,250 in Visconti West after 361 days on the market.

The average sales price a year earlier was $110,166 with 141 days on the market and a sales to list price ratio of 95% on 3 sales, a 233% increase.

The month to month changes show a decrease in the average sales price of 8.74% with an increase in the median sales price of 13.57%. There was a 37.5% decrease in sales volume with a 1% decrease in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!

Maitland, Seminole and Orange Counties, FL – Market Sales Statistics for March ‘09

The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for March 2009. 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.

A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active.

The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.

The sales to list price ratio is just that, you’re dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.

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. Also, 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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

9 homes sold during the month of March.

The average sales price is $323,129 with 225 days on the market.

The median sales price is $182,500.

The sales to list price ratio is 94%.

The most expensive home sold for $975,000 in Maddon Cove and was on the market 385 days

The least expensive home sold for $139,000 in Minnehaha Shores after 220 days on the market.

The average sales price for the same period a year earlier was $826,840, but that was because a home sold for $4.7M, with 133 days on the market and a sales to list price ratio of 92% on 10 sales, a decrease of 10%.

The month to month changes show an increase in the average sales price of 45% with a 17% decrease in the median sales price. Yet, there was an increase in sales volume of 80% with a 3% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

16 homes sold

The average sales price is $81,228 with 115 days on the market.

The median sales price is $58,950.

The sales to list price ratio is 90%.

The most expensive townhome sold for $285,500 in Enclave at Maitland and was on the market 98 days.

The least expensive condo sold for $21,800 in Carrington Park after 159 days on the market.

The average sales price a year earlier was $166,625 with 63 days on the market and a sales to list price ratio of 94% on 4 sales, a 30% increase.

The month to month changes show a decrease in the average sales price of 26% with a decrease in the median sales price of 34%. There was a 220% increase in sales volume with a 1% increase in the sales to list price ratio.

For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc donates 10% of his net proceeds to Hospice of the Comforter.

Marc It Sold!