http://orlando-blogger.com Marc It Sold! Fri, 12 Mar 2010 16:35:43 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 http://feedproxy.google.com/~r/realestatemorsels/~3/A0HEpZC0xm8/ http://orlando-blogger.com/2010/03/winter-springs-seminole-county-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/#comments Fri, 12 Mar 2010 16:35:43 +0000 Marc Grossman http://orlando-blogger.com/?p=2808 Yet Another Related Posts Plugin.]]>

The following are the market sales statistics for Winter Springs, Seminole County, Florida for February 2010.  Winter Springs is made up of the zip code 32708.  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

18 homes sold during the month of February.

The average sales price is $137,367 with 161 days on the market.

The median sales price is $132,500.

The sales to list price ratio is 96%.

The most expensive home sold for $300,000 in Carrington Woods and was on the market 79 days

The least expensive home sold for $60,000 in North Orlando Terrace after 379 days on the market.

The average sales price for the same period a year earlier was $223,535 with 105 days on the market and a sales to list price ratio of 91% on 14 sales, an increase of 29%.

The month to month changes show a decrease in the average sales price of 35% and a decrease in the median sales price of 38%.  There was a decrease of 22% in sales volume with a 2% increase in sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold

The average sales price is $115,578 with 132 days on the market.

The median sales price is $132,000.

The sales to list price ratio is 99%.

The most expensive townhome sold for $165,000 in Heritage Commons and was new construction.

The least expensive condo sold for $31,000 in Bay Tree after 99 days on the market.

The average sales price a year earlier was $139,998 with 160 days on the market and a sales to list price ratio of 93% on 5 sales, a decrease of 120%.

The month to month changes show an increase in the average sales price of 98% and an increase in the median sales price of 200%.  There was an increase in sales volume of 175% with a 8% increase in the sales to list price ratio.

For information on Winter Springs and Seminole County real estate and Winter Springs and Seminole County homes for sale in addition to Winter Springs and Seminole County relocation contact Marc Grossman, your Winter Springs 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 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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The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for February 2010.  Winter Park is made up of the zip codes of 32789 & 32792.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

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

27 homes sold during the month of February.

The average sales price is $370,917 with 198 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 $1.25M in Alamo on Lake Bear Gully after 354 days on the market.

The least expensive home sold for $80,000 in Glencoe after 256 days on the market.

The average sales price for the same period a year earlier was $299,332 with 158 days on the market and a sales to list price ratio of 89% and on 25 sales, an increase of 8%.

The month to month changes show an increase in the average sales price of 72% and an increase in the median sales price of 32%.  There was a decrease in sales volume of 23% with no change in the sales to list price ratio.

Condos, Townhomes & Villas

20 homes sold

The average sales price was $68,419 with 152 days on the market.

The median sales price was $44,700.

The sales to list price ratio is 90%.

The most expensive sold for $170,000 in Park-Aire Condo and was on the market 150 days.

The least expensive sold for $20,000 in Waterfall Cove at Winter Park Condo after 27 days on the market.

The average sales price a year earlier was $419,925 with 215 days on the market and a sales to list price ratio of 87% on 8 sales, an increase of 150%.

The month to month changes show a decrease in the average sales price of 41% and an increase in the median sales price of 8%.   There was a decrease in sales volume of 20% with a 1% decrease in the sales to list price ratio.

For information on Winter Park and Seminole and Orange County real estate and Winter Park and Seminole and Orange County homes for sale in addition to Winter Park and Seminole and Orange County relocation contact Marc Grossman, your Winter Park and Seminole and Orange County Realtor @ 407-463-1034.  Additional information is available for Seminole County real estate, Orange County real estate, West Volusia County and South Lake County.

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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The following are the market sales statistics for Windermere, Orange County, Florida for February 2010.  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

33 homes sold during the month of February.

The average sales price is $616,511 with 218 days on the market.

The median sales price is $318,800.

The sales to list price ratio is 95%.

The most expensive home sold for $2.9M in Lakes and was on the market 123 days.

The least expensive home sold for $185,000 in Lakes of Windermere after 359 days on the market.

The average sales price for the same period a year earlier was $458,910 with 148 days on the market and a sales to list price ratio of 94% on 22 sales, an increase of 50%.

The month to month changes show a decrease in the average sales price of 36% and an increase in the median sales price of 18%.  There was an increase in sales volume of 57% with a 3% increase in the sales to list price ratio.

Condos, Townhomes & Villas

11 homes sold.

The average sales price is $116,280 with 132 days on the market.

The median sales price is $114,000.

The sales to list price ratio is 100%.

The more expensive townhome sold for $163,280 in Lake Sawyer South and was on the market 56 days.

The less expensive sold for $90,000 in Lakes of Windermere Condo after 69 days on the market.

The average sales price for the same period a year earlier was $203,010 with a sales to list price ratio of 94% on 1 sales, an increase of 1000%.

The month to month changes show a decrease in the average sales price of 18% and a decrease in the median sales price of 23%.  There was an increase in sales volume of 38% with a 2% 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!

No related posts.

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The following are the market sales statistics for Seminole County, Florida for February 2010.  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

238 homes sold during the month of February.

The average sales price is $215,801 with 148 days on the market.

The median sales price is $160,000.

The sales to list price ratio is 95%.

The most expensive home sold for $3.95M in Lake Club in Longwood and was new construction built in ‘08.

The least expensive home sold for $20,000 in Cates Addition in Sanford after 101 days on the market.

The average sales price for the same period a year earlier was $231,233 with 170 days on the market and a sales to list price ratio of 93% on 169 sales an increase of 41%.

The month to month changes show a decrease in the average sales price of 2% and a decrease in the median sales price of 11%.  There was an increase in sales volume of 32% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

132 homes sold

The average sales price was $75,628 with 145 days on the market.

The median sales price was $54,050.

The sales to list price ratio is 98%.

The most expensive townhome sold for $263,500 at Fountain Parke in Lake Mary and was new construction built in ‘07.

The least expensive condo sold for $13,200 at Ashwood in Fern Park after 65 days on the market.

The average sales price a year earlier was $105,725 with 133 days on the market and a sales to list price ratio of 92% on 61 sales, an increase of 71%.

The month to month changes show a decrease in the average sales price of 8% and a decrease in the median sales price of 7%.  There was a decrease in sales volume of 4% with a 1% increase in the sales to list price ratio.

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

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

Marc It Sold!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

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The following are the market sales statistics for Sanford, Seminole County, Florida for February 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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

52 homes sold during the month of February.

The average sales price is $157,101 with 147 days on the market.

The median sales price is $104,000.

The sales to list price ratio is 95%.

The most expensive home sold for $1.2M in Enclave and was new construction.

The least expensive home sold for $20,000 in Cates Addition after 101 days on the market.

The average sales price for the same period a year earlier was $273,337 with 285 days on the market with a sales to list price ratio of 93% on 24 sales, an increase of 117%.

The month to month changes show a decrease in the average sales price of 7% and a decrease in the median sales price of 16%.  There was also an increase in sales volume of 30% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

17 homes sold

The average sales price was $98,377 with 124 days on the market.

The median sales price was $72,000.

The sales to list price ratio is 96%.

The most expensive condo sold for $223,000 in Gateway at Riverwalk and was new construction built in ‘07.

The least expensive sold for $53,500 in Amberlee Townhomes after 78 days on the market.

The average sales price a year earlier was $136,682 with 88 days on the market with a sales to list price ratio of 95% on 14 sales, an increase of 21%.

The month to month changes show a decrease in the average sales price of 19% and a decrease in the median sales price of 37%.   There was a decrease in sales volume of 35% with a 3% increase in the sales to list price ratio.

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

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

Marc It Sold!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

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The following are the market sales statistics for Oviedo, Seminole County, Florida for February 2010.  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 February.

The average sales price is $237,454 with 142 days on the market.

The median sales price is $216,500.

The sales to list price ratio is 96%.

The most expensive home sold for $470,000 in Country Oaks and was on the market 546 days.

The least expensive home sold for $79,000 in Black Hammock with 70 days on the market.

The average sales price for the same period a year earlier was $252,110 with 172 days on the market with a sales to list price ratio of 95% on 39 sales, a 18% increase.

The month to month changes show an increase in the average sales price of 7% and a decrease in the median sales price of less than 1%.  There was an increase in sales volume of 64% with a 3% increase in the sales to list price ratio.

Condos, Townhomes & Villas

12 homes sold

The average sales price was $81,561 with 148 days on the market.

The median sales price was $61,550.

The sales to list price ratio is 101%.

The most expensive townhome sold for $165,430 in Provenance and was new construction.

The least expensive condo sold for $25,000 in Villas at Lakeside after 18 days on the market.

The average sales price a year earlier was $109,487 with 140 days on the market with a sales to list price ratio of 85% on 11 sales, an increase of 9%.

The month to month changes show a decrease in the average sales price of 18% and a decrease in the median sales price of 50%.  There was an increase in sales volume of 20% with 5% 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!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

]]> http://orlando-blogger.com/2010/03/oviedo-seminole-county-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/feed/ 0 http://orlando-blogger.com/2010/03/oviedo-seminole-county-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/ http://feedproxy.google.com/~r/realestatemorsels/~3/Y16KWgX6lUw/ http://orlando-blogger.com/2010/03/orlando-orange-county-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/#comments Fri, 12 Mar 2010 01:40:27 +0000 Marc Grossman http://orlando-blogger.com/?p=2760 Yet Another Related Posts Plugin.]]>

The following are the market sales statistics for Orlando, Orange County, Florida for February 2010.  Orlando is made up of a multitude of zip codes.  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

522 homes sold during the month of February.

The average sales price is $150,744 with 136 days on the market.

The median sales price is $133,500.

The sales to list price ratio is 96%.

The most expensive home sold for $1.8362M in Baldwin Park and was new construction.

The least expensive home sold for $15,000 in Clear Lake Gardens after 162 days on the market.

The average sales price for the same period a year earlier was $180,918 with 139 days on the market and a sales to list price ratio of 94% on 429 sales, an increase of 22%.

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

Condos, Townhomes & Villas

408 homes sold

The average sales price was $68,267 with 132 days on the market.

The median sales price was $53,000.

The sales to list price ratio is 100%.

The most expensive condo sold for $469,900 in Sanctuary and was on the market 271 days.

The least expensive sold for $6900 in Magnolia Court Condo and was on the market for 43 days.

The average sales price for the same period a year earlier was $83,213 with 123 days on the market and a sales to list price ratio of 94% on 214 sales, an increase of 91%.

The month to month changes show an increase in the average sales price of 2% and an increase in the median sales price of 6%.   There was an increase in sales volume of 12% with a 1% decrease in the sales to list price ratio.

For information on Orlando real estate and Orlando homes for sale in addition to Orlando relocation contact Marc Grossman, your Orlando 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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The following are the market sales statistics for Orange County, Florida for February 2010.  The major city in Orange County is Orlando.  For purposes of this analysis we are 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

742 homes sold during the month of February.

The average sales price is $185,367 with 141 days on the market.

The median sales price is $147,000.

The sales to list price ratio is 96%

The most expensive home sold for $2.9M in Lakes in Windermere and was on the market 123 days.

The least expensive home sold for $10,000 in Seegar in Ocoee after 21 days on the market.

The average sales price for the same period a year earlier was $197,505 with 125 days on the market with a sales to list price ratio of 94% on 574 sales, a 29% increase.

The month to month changes show an increase in the average sales price of 3% and an increase in the median sales price of 9%.  There was an increase in sales volume of 2% with no change in the sales to list price.

Condos, Townhomes & Villas

465 homes sold.

The average sales price was $70,555 with 133 days on the market.

The median sales price was $55,000.

The sales to list price ratio is 100%

The most expensive condo sold for $469,900 in Sanctuary in Orlando and was on the market 271 days.

The least expensive sold for $6900 in Magnolia Court Condo in Orlando and was on the market for 43 days.

The average sales price for the same period a year earlier was $97,005 with 126 days on the market with a sales to list price ratio of 94% on 238 sales, an increase of 95%.

The month to month changes show a decrease in the average sales price of 2% and an increase in the median sales price of 10%.  There was an increase in sales volume of 11% with no change in the sales to list price ratio.

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

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

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

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

Marc It Sold!

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The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for February 2010.  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

12 homes sold during the month of February.

The average sales price is $187,217 with 92 days on the market.

The median sales price is $150,750.

The sales to list price ratio is 95%.

The most expensive home sold for $375,000 in Dommerich Woods and was on the market 51 days

The least expensive home sold for $87,500 in Greenwood Gardens after 20 days on the market.

The average sales price for the same period a year earlier was $223,240 with 202 days on the market with a sales to list price ratio of 97% on 5 sales, an increase of 140%.

The month to month changes show an increase in the average sales price of 21% with a decrease in the median sales price of 3%.  There was an increase in sales volume of 100% with a 7% increase in the sales to list price ratio.

Condos, Townhomes & Villas

8 homes sold

The average sales price is $74,563 with 218 days on the market.

The median sales price is $61,500.

The sales to list price ratio is 94%.

The most expensive condo sold for $150K in Moorings on Lake Maitland and was on the market 686 days.

The least expensive condo sold for $41,000 in Carrington Park after 185 days on the market.

The average sales price a year earlier was $109,700 with 184 days on the market with a sales to list price ratio of 89% on 5 sales, a 60% increase.

The month to month changes show an increase in the average sales price of 20% with an increase in the median sales price of 21%.   There was a 56% decrease in sales volume with a 4% 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!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

]]> http://orlando-blogger.com/2010/03/maitland-seminole-and-orange-counties-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/feed/ 0 http://orlando-blogger.com/2010/03/maitland-seminole-and-orange-counties-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/ http://feedproxy.google.com/~r/realestatemorsels/~3/puhDjs_Z81c/ http://orlando-blogger.com/2010/03/longwood-seminole-county-fl-%e2%80%93-market-sales-statistics-for-february-%e2%80%9810/#comments Fri, 12 Mar 2010 00:17:34 +0000 Marc Grossman http://orlando-blogger.com/?p=2736 Yet Another Related Posts Plugin.]]>

The following are the market sales statistics for Longwood, Seminole County, Florida for February 2010.  Longwood is made up of the zip codes of 32779 & 32750.  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

31 homes sold during the month of February.

The average sales price is $357,976 with 168 days on the market.

The median sales price is $216,500.

The sales to list price ratio is 92%.

The most expensive home sold for $3.95M in Lake Club and was new construction on the market 745 days.

The least expensive home sold for $39,000 in Spring Hammock after 35 days on the market.

The average sales price for the same period a year earlier was $334,601 with 157 days on the market with a sales to list price ratio of 93% on 27 sales, an increase of 15%.

The month to month changes show an increase in the average sales price of 32% and an increase in the median sales price of 9%.  There was an increase in sales volume of 210% with a 1% increase in the sales to list price ratio.

Condos, Townhomes & Villas

9 homes sold

The average sales price is $77,056 with 147 days on the market.

The median sales price is $48,000.

The sales to list price ratio is 99%.

The most expensive sold for $146,500 in Wekiva Hunt Club Condo and was on the market 210 days.

The least expensive condo sold for $37,000 in Crown Point by The Springs after 175 days on the market.

The average sales price a year earlier was $95,750 with 165 days on the market with a sales to list price ratio of 97% on 4 sales, an increase of 125%.

The month to month changes show a decrease in the average sales price of 3% and a decrease in the median sales price of 24%.  There was an increase in sales volume of 50% with a 3% increase in the sales to list price ratio.

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

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

Marc It Sold!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

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