Oviedo, Seminole County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for November 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

46 homes sold during the month of November.

The average sales price is $245,220 with 78 days on the market.

The median sales price is $211,000.

The sales to list price ratio is 95%.

The most expensive home sold for $925,000 in Terralago and was new construction.

The least expensive home sold for $50,000 in North Chuluota with 83 days on the market.

The average sales price for the same period a year earlier was $263,427 with 132 days on the market with a sales to list price ratio of 92% on 35 sales, a 31% increase.

The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of 8%. There was a decrease in sales volume of 29% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

14 homes sold

The average sales price was $119,226 with 47 days on the market.

The median sales price was $147,762.

The sales to list price ratio is 98%.

The most expensive sold for $178,738 in Clayton Crossing Townhomes and was new construction.

The least expensive condo sold for $26,900 in Villas at Lakeside after 27 days on the market.

The average sales price a year earlier was $169,397 with 79 days on the market with a sales to list price ratio of 88% on 7 sales, a decrease of 157%.

The month to month changes show an increase in the average sales price of 25% and an increase in the median sales price of 134%. There was an increase in sales volume of 29% with 9% decrease in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for October ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for October 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

65 homes sold during the month of October.

The average sales price is $246,796 with 112 days on the market.

The median sales price is $230,000.

The sales to list price ratio is 96%.

The most expensive home sold for $520,000 in Stonehurst and was on the market 151 days

The least expensive home sold for $45,000 in North Chuluota with 36 days on the market.

The average sales price for the same period a year earlier was $280,541 with 101 days on the market with a sales to list price ratio of 95% on 41 sales, a 59% increase.

The month to month changes show a decrease in the average sales price of less than 1% and a decrease in the median sales price of 5%. There was also an increase in sales volume of 44% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

14 homes sold

The average sales price was $95,086 with 34 days on the market.

The median sales price was $63,250.

The sales to list price ratio is 107%.

The most expensive sold for $193,990 in Stratford Green and was new construction.

The least expensive condo sold for $35,365 in Villas at Lakeside after 65 days on the market.

The average sales price a year earlier was $157,444 with 96 days on the market with a sales to list price ratio of 96% on 17 sales, a decrease of 18%.

The month to month changes show a decrease in the average sales price of 15% and a decrease in the median sales price of 45%. There was an increase in sales volume of 8% with 8% increase in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for September ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for September 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

45 homes sold during the month of September.

The average sales price is $247,250 with 112 days on the market.

The median sales price is $242,000.

The sales to list price ratio is 95%.

The most expensive home sold for $420,000 in Chapman Lakes and was on the market 118 days

The least expensive home sold for $67,500 in Smiths Addition with 249 days on the market.

The average sales price for the same period a year earlier was $271,378 with 85 days on the market with a sales to list price ratio of 97% on 46 sales, a 2% decrease.

The month to month changes show an increase in the average sales price of 9% and an increase in the median sales price of 13%. There was also a decrease in sales volume of 46% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

13 homes sold

The average sales price was $112,022 with 85 days on the market.

The median sales price was $115,000.

The sales to list price ratio is 99%.

The most expensive sold for $190,400 in Oviedo Park Townhomes and was new construction.

The least expensive condo sold for $27,500 in Villas at Lakeside after 423 days on the market.

The average sales price a year earlier was $164,383 with 35 days on the market with a sales to list price ratio of 100% on 3 sales, an increase of 333%.

The month to month changes show an increase in the average sales price of 12% and an increase in the median sales price of 85%. There was a decrease in sales volume of 46% with 9% decrease in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for August ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for August 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

83 homes sold during the month of August.

The average sales price is $226,976 with 104 days on the market.

The median sales price is $215,000.

The sales to list price ratio is 95%.

The most expensive home sold for $790,000 in Kingsbridge West and was on the market 45 days

The least expensive home sold for $31,100 in Lone Pines with 144 days on the market.

The average sales price for the same period a year earlier was $316,159 with 164 days on the market with a sales to list price ratio of 95% on 67 sales, a 24% increase.

The month to month changes show a decrease in the average sales price of 8% and a decrease in the median sales price of 5%. There was also an increase in sales volume of 22% with a 3% increase in the sales to list price ratio.

Condos, Townhomes & Villas

24 homes sold

The average sales price was $100,268 with 76 days on the market.

The median sales price was $62,250.

The sales to list price ratio is 108%.

The most expensive sold for $211,900 in Oviedo Park Townhomes and was new construction.

The least expensive condo sold for $25,000 in Villas at Lakeside after 47 days on the market.

The average sales price a year earlier was $133,315 with 160 days on the market with a sales to list price ratio of 94% on 6 sales, an increase of 300%.

The month to month changes show an increase in the average sales price of 2% and a decrease in the median sales price of 21%. There was an increase in sales volume of 33% with 11% increase in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for June ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for June 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

61 homes sold during the month of June.

The average sales price is $257,555 with 88 days on the market.

The median sales price is $259,000.

The sales to list price ratio is 93%.

The most expensive home sold for $670,000 in Huntington and was on the market 73 days

The least expensive home sold for $95,750 in Richfield with 207 days on the market.

The average sales price for the same period a year earlier was $307,434 with 146 days on the market on 77 sales, a 21% decrease.

The month to month changes show an increase in the average sales price of 7% and an increase in the median sales price of 10%. There was also an increase in sales volume of 3% with a 2% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

16 homes sold

The average sales price was $71,331 with 42 days on the market.

The median sales price was $54,950.

The sales to list price ratio is 96%.

The most expensive townhome sold for $166,500 in Provenance and was new construction.

The least expensive condo sold for $29,000 in Villas at Lakeside after 64 days on the market.

The average sales price a year earlier was $167.977 with 71 days on the market on 6 sales, an increase of 167%.

The month to month changes show a decrease in the average sales price of 27% and a decrease in the median sales price of 12%. There was a decrease in sales volume of 11% with 1% increase in the sales to list price ratio.

All but 4 units sold in Villas at Lakeside with the most expensive being a 3 bedroom unit selling for $68K.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for May ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for May 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

59 homes sold during the month of May.

The average sales price is $241,118 with 136 days on the market.

The median sales price is $235,000.

The sales to list price ratio is 95%.

The most expensive home sold for $523,500 in Killaloe By The Lake and was on the market 46 days

The least expensive home sold for $55,125 in Round Lake Estates with 265 days on the market.

The average sales price for the same period a year earlier was $290,269 with 166 days on the market and a sales to list price ratio of 94% on 59 sales.

The month to month changes show an increase in the average sales price of 6% and an increase in the median sales price of 14%. There was also an increase in sales volume of 31% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

18 homes sold

The average sales price was $124,042 with 67 days on the market.

The median sales price was $150,990.

The sales to list price ratio is 95%.

The most expensive townhome sold for $188,380 in Provenance and was new construction.

The least expensive condo sold for $32,025 in Villas at Lakeside after 212 days on the market.

The average sales price a year earlier was $180,158 with 217 days on the market on 16 sales, an increase of 13%.

The month to month changes show a decrease in the average sales price of 21% and a decrease in the median sales price of 59%. Ten units sold in Villas at Lakeside with the most expensive selling for $68K. There was a decrease in sales volume of 5% with no change in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for April ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for April 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

45 homes sold during the month of April.

The average sales price is $227,934 with 119 days on the market.

The median sales price is $206,000.

The sales to list price ratio is 94%.

The most expensive home sold for $454K in Sanctuary and was on the market 35 days

The least expensive home sold for $42,000 in Washington Heights with 201 days on the market.

The average sales price for the same period a year earlier was $278,042 with 191 days on the market and a sales to list price ratio of 94% on 53 sales, a decrease of 15%.

The month to month changes show an increase in the average sales price of 1.42% and an increase in the median sales price of 3%. There was also an increase in sales volume of 22% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

19 homes sold

The average sales price was $124,042 with 67 days on the market.

The median sales price was $150,990.

The sales to list price ratio is 95%.

The most expensive sold for $190,000 in Oviedo Park Townhomes and was new construction.

The least expensive condo sold for $29,000 in Villas at Lakeside after 46 days on the market.

The average sales price a year earlier was $207,173 with 65 days on the market and a sales to list price ratio of 94% on 11 sales, an increase of 73%.

The month to month changes show an increase in the average sales price of 18% and an increase in the median sales price of 119%. Six units sold in Villas at Lakeside with the most expensive selling for $70K. On the other side of the spectrum, the remaining sales were mostly new construction with the least expensive selling for $138K. There was an increase in sales volume of 111% with no change in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for March ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for March 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

37 homes sold during the month of March.

The average sales price is $224,737 with 161 days on the market.

The median sales price is $200,000.

The sales to list price ratio is 95%.

The most expensive home sold for $550K in Valencia Shores and was on the market 637 days

The least expensive home sold for $55,000 in North Chuluota with 72 days on the market.

The average sales price for the same period a year earlier was $301,964 with 152 days on the market and a sales to list price ratio of 95% on 43 sales, a decrease of 14%.

The month to month changes show a decrease in the average sales price of 11% and a decrease in the median sales price of 13%. There was also a decrease in sales volume of 5% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

9 homes sold

The average sales price was $105,122 with 108 days on the market.

The median sales price was $69,000.

The sales to list price ratio is 95%.

The most expensive sold for $179,990 in Clayton Crossing and was new construction.

The least expensive condo sold for $44,625 in Villas at Lakeside after 264 days on the market.

The average sales price a year earlier was $197,887 with 108 days on the market and a sales to list price ratio of 97% on 9 sales.

The month to month changes show a decrease in the average sales price of 4% and a decrease in the median sales price of 40%. Five units sold in Villas at Lakeside with the most expensive selling for $69K. On the other side of the spectrum, the remaining sales were mostly new construction with the least expensive selling for $162K. There was a decrease in sales volume of 18% with a 10% increase in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!

Oviedo, Seminole County, FL – Market Sales Statistics for February ‘09

The following are the market sales statistics for Oviedo, Seminole County, Florida for February 2009. Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota. For purposes of this analysis we are only 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

39 homes sold during the month of February.

The average sales price is $252,110 with 172 days on the market.

The median sales price is $230,000.

The sales to list price ratio is 95%.

The most expensive home sold for $500K in Chapman Lakes and was on the market 68 days

The least expensive home sold for $117,000 in Alafaya Woods with 73 days on the market.

The average sales price for the same period a year earlier was $298,297 with 142 days on the market and a sales to list price ratio of 94% on 52 sales, a decrease of 25%.

The month to month changes show a decrease in the average sales price of 1.6% and a decrease in the median sales price of less than 1.8%. There was also an increase in sales volume of 21% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold

The average sales price was $109,487 with 140 days on the market.

The median sales price was $115,000.

The sales to list price ratio averages out to be 85%.

The most expensive sold for $193,990 in Clayton Crossing and was new construction.

The least expensive condo sold for $33,000 in Villas at Lakeside after 227 days on the market.

The average sales price a year earlier was $209,593 with 34 days on the market and a sales to list price ratio of 94% on 7 sales, an increase of 57%.

The month to month changes show an increase in the average sales price of 6.5% and an increase in the median sales price of 86%. Six units sold in Villas at Lakeside with the most expensive selling for $80K, but four selling for less than $35K. On the other side of the spectrum, the 5 remaining sales were new construction with the least expensive selling for $150K. There was an increase in sales volume of 22% with an 3% decrease in the sales to list price ratio.

For information on Oviedo and Seminole County real estate and Oviedo and Seminole County homes for sale in addition to Oviedo and Seminole County relocation contact Marc Grossman, your Oviedo and Seminole 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 Off The Leash & Real Estate Cracker

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

Marc It Sold!