Windermere, Orange County, FL – Market Sales Statistics for December ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for December 2009.  Windermere is made up of the zip code 34786.  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

40 homes sold during the month of December.

The average sales price is $604,740 with 190 days on the market.

The median sales price is $288,500.

The sales to list price ratio is 93%.

The most expensive home sold for $3.55M in Keenes Pointe and was new construction built in ‘07.

The least expensive home sold for $185,750 in Lakes of Windermere after 76 days on the market.

The average sales price for the same period a year earlier was $467,075 with 177 days on the market and a sales to list price ratio of 93% on 36 sales, an increase of 11%.

The month to month changes show an increase in the average sales price of 9% and an increase in the median sales price of 5%.  There was a decrease in sales volume of 15% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

13 homes sold.

The average sales price is $131,223 with 70 days on the market.

The median sales price is $125,000.

The sales to list price ratio is 101%.

The more expensive townhome sold for $178,600 in Preston Square.

The less expensive sold for $102,000 in Lakes of Windermere Lake Reams Townhomes after 111 days on the market.

The average sales price for the same period a year earlier was $544,379 with 331 days on the market and a sales to list price ratio of 93% on 7 sales, an increase of 86%.

The month to month changes show a decrease in the average sales price of 2% and a decrease in the median sales price of 4%.  There was a decrease in sales volume of 13% with a 3% increase in the sales to list price ratio.

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

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Windermere, Orange County, FL – Market Sales Statistics for November ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for November 2009. Windermere is made up of the zip code 34786. 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

47 homes sold during the month of November.

The average sales price is $553,276 with 196 days on the market.

The median sales price is $275,000.

The sales to list price ratio is 94%.

The most expensive home sold for $3.26M in Isleworth and was on the market 812 days.

The least expensive home sold for $165,300 in Lakes of Windermere Peachtree after 122 days on the market.

The average sales price for the same period a year earlier was $648,121 with 163 days on the market and a sales to list price ratio of 91% on 30 sales, an increase of 57%.

The month to month changes show an increase in the average sales price of 5% and a decrease in the median sales price of 26%. There was an increase in sales volume of 24% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

15 homes sold.

The average sales price is $133,671 with 73 days on the market.

The median sales price is $130,000.

The sales to list price ratio is 98%.

The more expensive townhome sold for $169,900 in Berkshire Place and was new construction.

The less expensive sold for $100,000 in Lakes of Windermere Reams Townhomes after 131 days on the market.

The average sales price for the same period a year earlier was $154,000 with 90 days on the market and a sales to list price ratio of 93% on 3 sales, an increase of 400%.

The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of 1%. There was an increase in sales volume of 25% with a 1% increase in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for October ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for October 2009. Windermere is made up of the zip code 34786. 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

38 homes sold during the month of October.

The average sales price is $524,640 with 241 days on the market.

The median sales price is $373,070.

The sales to list price ratio is 93%.

The most expensive home sold for $1.5M in Reserve at Lake Butler Sound and was new construction built in 2007.

The least expensive home sold for $176,000 in Lakes of Windermere Peachtree after 44 days on the market.

The average sales price for the same period a year earlier was $413,271 with 196 days on the market and a sales to list price ratio of 94% on 32 sales, an increase of 19%.

The month to month changes show an increase in the average sales price of 7% and an increase in the median sales price of 26%. There was a decrease in sales volume of 17% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

12 homes sold.

The average sales price is $135,691 with 85 days on the market.

The median sales price is $131,450.

The sales to list price ratio is 97%.

The more expensive townhome sold for $188,000 in Oasis Cove and was new construction.

The less expensive sold for $85,000 in Lakeside at Lakes of Windermere Condominiums after 305 days on the market.

The average sales price for the same period a year earlier was $345,834 with 112 days on the market and a sales to list price ratio of 94% on 9 sales, an increase of 33%.

The month to month changes show a decrease in the average sales price of 33% and a decrease in the median sales price of 4%. There was an increase in sales volume of 20% with a 5% increase in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for September ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for September 2009. Windermere is made up of the zip code 34786. 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 September.

The average sales price is $489,709 with 175 days on the market.

The median sales price is $295,000.

The sales to list price ratio is 94%.

The most expensive home sold for $3M in Metcalf Park and was new construction.

The least expensive home sold for $160,000 in Lakes of Windermere Peachtree after 201 days on the market.

The average sales price for the same period a year earlier was $616,813 with 114 days on the market and a sales to list price ratio of 93% on 30 sales, an increase of 53%.

The month to month changes show an increase in the average sales price of 5% and an increase in the median sales price of 21%. There was an increase in sales volume of 18% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

10 homes sold.

The average sales price is $197,723 with 88 days on the market.

The median sales price is $137,250.

The sales to list price ratio is 92%.

The more expensive villa sold for $800,000 in Isleworth and was new construction.

The less expensive sold for $90,000 in Lakes of Windermere Lake Reams Townhomes after 56 days on the market.

The average sales price for the same period a year earlier was $172,177 with 85 days on the market and a sales to list price ratio of 89% on 5 sales, an increase of 100%.

The month to month changes show an increase in the average sales price of 35% and a decrease in the median sales price of 7%. There was an increase in sales volume of 25% with a 1% decrease in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for August ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for August 2009. Windermere is made up of the zip code 34786. 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 August.

The average sales price is $468,304 with 199 days on the market.

The median sales price is $243,000.

The sales to list price ratio is 94%.

The most expensive home sold for $5M in Isleworth and was new construction.

The least expensive home sold for $175,000 in Lakes of Windermere after 220 days on the market.

The average sales price for the same period a year earlier was $472,861 with 199 days on the market and a sales to list price ratio of 91% on 37 sales, an increase of 5%.

The month to month changes show an increase in the average sales price of 10% and a decrease in the median sales price of 3%. There was a decrease in sales volume of 28% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

8 homes sold.

The average sales price is $146,625 with 58 days on the market.

The median sales price is $147,750.

The sales to list price ratio is 93%.

The more expensive townhome sold for $180,000 in Berkshire Place and was new construction.

The less expensive sold for $99,500 in Lakes of Windermere Lake Reams Townhomes after 53 days on the market.

The average sales price for the same period a year earlier was $174,950 with 168 days on the market and a sales to list price ratio of 94% on 2 sales, an increase of 300%.

The month to month changes show an increase in the average sales price of 8% and an increase in the median sales price of 9%. There was an increase in sales volume of 30% with a 4% decrease in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for July ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for July 2009. Windermere is made up of the zip code 34786. 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

54 homes sold during the month of July.

The average sales price is $424,877 with 160 days on the market.

The median sales price is $251,225.

The sales to list price ratio is 95%.

The most expensive home sold for $5M in Isleworth West and was new construction.

The least expensive home sold for $176,000 in Lakes of Windermere after 179 days on the market.

The average sales price for the same period a year earlier was $918,168 with 239 days on the market with a sales to list price ratio of 92% on 36 sales, an increase of 50%.

The month to month changes show an increase in the average sales price of 1% and a decrease in the median sales price of 8%. Yet, there was a decrease in sales volume of 11% with a 1% decrease in the sales to list price ratio.

Condos, Townhomes & Villas

2 homes sold.

The average sales price is $135,500 with 28 days on the market.

The median sales price is $135,500.

The sales to list price ratio is 97%.

The more expensive townhome sold for $150,000 in Tennyson Park at Summerport and was on the market 77 days.

The less expensive townhome sold for $121,000 in Lakeside Lakes of Windermere after 45 days on the market.

The average sales price for the same period a year earlier was $170,872 with 51 days on the market with a sales to list price ratio of 96% on 3 sales, a decrease of 33%.

The month to month changes show an increase in the average sales price of 21% and an increase in the median sales price of 24%. There was a decrease in sales volume of 75% with a 5% increase in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for June ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for June 2009. Windermere is made up of the zip code 34786. 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 $420,165 with 111 days on the market.

The median sales price is $273,750.

The sales to list price ratio is 96%.

The most expensive home sold for $1.85M in Keenes Pointe and was on the market 935 days.

The least expensive home sold for $170,000 in Edens Hammock after 109 days on the market.

The average sales price for the same period a year earlier was $633,735 with 189 days on the market on 43 sales, an increase of 42%.

The month to month changes show an increase in the average sales price of 12% and a decrease in the median sales price of 4%. Yet, there was an increase in sales volume of 74% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

8 homes sold.

The average sales price is $112,250 with 126 days on the market.

The median sales price is $109,000.

The sales to list price ratio is 92%.

The most expensive townhome sold for $135,000 in Merrick Landing and was on the market 267 days.

The least expensive sold for $97,000 in Lakes of Windermere Lake Reams Townhomes after 45 days on the market.

The average sales price for the same period a year earlier was $184,556 with 161 days on the market on 11 sales, a decrease of 27%.

The month to month changes show a decrease in the average sales price of 70% and a decrease in the median sales price of 9%. The decreases are due to the fact that a villa sold for over $2M the previous month. There was a decrease in sales volume of 11% with a 3% increase in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for May ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for May 2009. Windermere is made up of the zip code 34786. 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

35 homes sold during the month of May.

The average sales price is $376,121 with 107 days on the market.

The median sales price is $285,000.

The sales to list price ratio is 95%.

The most expensive home sold for $909K in Estates of Lake Clarice and was on the market 516 days.

The least expensive home sold for $173,250 in Lakes of Windermere Peachtree after 178 days on the market.

The average sales price for the same period a year earlier was $916,394 with 179 days on the market on 38 sales, a decrease of 8%.

The month to month changes show a decrease in the average sales price of 15% and an increase in the median sales price of 2%. Yet, there was a decrease in sales volume of 20% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

9 homes sold.

The average sales price is $376,374 with 170 days on the market.

The median sales price is $120,000.

The sales to list price ratio is 89%.

The more expensive villa sold for $2.4M in Isleworth and was on the market 249 days.

The less expensive sold for $104,000 in Lakes of Windermere Lake Reams Townhomes after 59 days on the market.

The average sales price for the same period a year earlier was $187,050 with 179 days on the market on 8 sales, an increase of 13%.

The month to month changes show an increase in the average sales price of 171% and a decrease in the median sales price of 14%. The increases are due to the fact that a villa sold for over $2M this month. Yet, there was also an increase in sales volume of 50% with a 25% decrease in the sales to list price ratio.

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

Windermere, Orange County, FL – Market Sales Statistics for April ‘09

The following are the market sales statistics for Windermere, Orange County, Florida for April 2009. Windermere is made up of the zip code 34786. 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

44 homes sold during the month of April.

The average sales price is $443,056 with 154 days on the market.

The median sales price is $280,000.

The sales to list price ratio is 95%.

The most expensive home sold for $2.425M in Chaine du Lax and was on the market 81 days.

The least expensive home sold for $177,000 in Lakes of Windermere after 97 days on the market.

The average sales price for the same period a year earlier was $657,285 with 156 days on the market on 23 sales, an increase of 91%.

The month to month changes show a decrease in the average sales price of 16% and a decrease in the median sales price of 13%. Yet, there was an increase in sales volume of 13% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

6 homes sold.

The average sales price is $139,000 with 224 days on the market.

The median sales price is $140,000.

The sales to list price ratio is 94%.

The more expensive townhome sold for $160,000 in Tennyson Park at Summerport and was on the market 226 days.

The less expensive condo sold for $107,000 in Lakeside at Lakes of Windermere after 468 days on the market.

The average sales price for the same period a year earlier was $180,932 with 104 days on the market on 3 sales, an increase of 100%.

The month to month changes show a decrease in the average sales price of 6% and a decrease in the median sales price of 5%. Yet, there was also an increase in sales volume of 200% with a 2% decrease in the sales to list price ratio.

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

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