Housing market in South Lake County, FL.

The housing market in the South Lake County is still in decline. Statistics are in for the 1st quarter of 2008. They are as follows:

Clermont: 2007*** 234 homes sold with a median price of $275,000

2008*** 183 homes sold with a median price of $229,000 a decline of 17%

Minneola: 2007*** 32 homes sold with a median price of $234,950

2008*** 23 homes sold with a median price of $199,523 a decline of 15%

Groveland: 2007*** 36 homes sold with a median price of $229,900

2008** 21 homes sold with a median price of $189,900 a decline of 17%

Mascotte: 2007 *** 17 homes sold with a median price of $189,900

2008*** 14 homes sold with a median price of $142,900 a decline of 15%

Overall South Lake County : 2007** 319 homes sold with a median price of $253,900

2008*** 241 homes sold with a median price of 214,899

an overall decline of 15% over the first quarter of 2007.