The following are the market sales statistics for Orange County, Florida for October 2009. 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
1010 homes sold during the month of October.
The average sales price is $189,182 with 117 days on the market.
The median sales price is $158,000.
The sales to list price ratio is 96%
The most expensive home sold for $2.05M in Osceola Shores in Winter Park and was on the market 136 days.
The least expensive home sold for $9,000 in Angebilt in Orlando after 43 days on the market.
The average sales price for the same period a year earlier was $234,658 with 152 days on the market with a sales to list price ratio of 95% on 579 sales, a 74% increase.
The month to month changes show a decrease in the average sales price of 2% and a decrease in the median sales price of 1%. There was an increase in sales volume of 3% with a 1% decrease in the sales to list price.
Condos, Townhomes & Villas
471 homes sold.
The average sales price was $76,175 with 94 days on the market.
The median sales price was $55,000.
The sales to list price ratio is 101%
The most expensive villa sold for $580,000 in Vizcaya in Orlando and was on the market 103 days.
The least expensive sold for $8000 in Magnolia Court Condo in Orlando and was on the market for 61 days.
The average sales price for the same period a year earlier was $151,189 with 97 days on the market with a sales to list price ratio of 92% on 141 sales, an increase of 234%.
The month to month changes show a decrease in the average sales price of 1% and a decrease in the median sales price of less than 3%. There was a decrease in sales volume of 6% with a 1% decrease 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.
The following are the market sales statistics for Maitland, Seminole and Orange Counties, Florida for October 2009. Maitland is made up of the zip code 32751. For purposes of this analysis we will be splitting the data according to single-family homes vs, condominiums, townhomes and villas.
A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active.
The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of properties sold.
The sales to list price ratio is just that, you're dividing the average sales price by the average list price and coming up with a percentage that tells you how much of the list price the average homes sold for.
There needs to be a disclaimer here. These stats are only as good as telling us what it being purchased and happening at a certain period in time. Also, it needs to be fully understood that not only is real estate local, but it is hyper-local. What this means is that the trends that we hear about are overall. Let's put it this way, what's happening in one neighborhood, may not be realized in the neighborhood next door.
Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time. More high-end homes might be sold in one month as opposed to another. By looking at a longer period, you will get a better overall picture. It is all relative and this has to be understood when utilizing these stats.
Single-Family Homes
11 homes sold during the month of October.
The average sales price is $350,795 with 215 days on the market.
The median sales price is $335,000.
The sales to list price ratio is 94%.
The most expensive home sold for $767,350 in Maitland Isle and was on the market 54 days
The least expensive home sold for $58,000 in Hamlet at Maitland after 64 days on the market.
The average sales price for the same period a year earlier was $333,857 with 173 days on the market with a sales to list price ratio of 92% on 7 sales, an increase of 57%.
The month to month changes show an in crease in the average sales price of 32% with an increase in the median sales price of 53%. There was a decrease in sales volume of 45% with no change in the sales to list price ratio.
Condos, Townhomes & Villas
12 homes sold
The average sales price is $71,504 with 167 days on the market.
The median sales price is $62,250.
The sales to list price ratio is 94%.
The most expensive condo sold for $185,000 in West Cove Condo and was on the market 423 days.
The least expensive condo sold for $25,000 in Carrington Park after 120 days on the market.
The average sales price a year earlier was $95,267 with 87 days on the market with a sales to list price ratio of 97% on 4 sales, a 2000% increase.
The month to month changes show an increase in the average sales price of 44% with an increase in the median sales price of 15%. There was a 20% increase in sales volume with a 1% decrease in the sales to list price ratio.
For information on Maitland and Seminole and Orange County real estate and Maitland and Seminole and Orange County homes for sale in addition to Maitland and Seminole and Orange County relocation contact Marc Grossman, your Maitland and Seminole and Orange County Realtor @ 407-463-1034. Additional information is available for Seminole County real estate, Orange County real estate, West Volusia County and South Lake County.
To learn more about Marc and the services he has to offer, visit his website.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
You can read Marc's other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker
Marc donates 10% of his net proceeds to Hospice of the Comforter.
The following are the market sales statistics for Longwood, Seminole County, Florida for October 2009. 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
54 homes sold during the month of October.
The average sales price is $277,863 with 124 days on the market.
The median sales price is $200,000.
The sales to list price ratio is 97%.
The most expensive home sold for $1.7M in Alaqua Lakes and was on the market 44 days..
The least expensive home sold for $43,000 in Longdale after 57 days on the market.
The average sales price for the same period a year earlier was $617,509 with 191 days on the market with a sales to list price ratio of 93% on 27 sales, an increase of 100%.
The month to month changes show an increase in the average sales price of 14% and a decrease in the median sales price of 8%. There was an increase in sales volume of 17% with a 4% increase in the sales to list price ratio.
Condos, Townhomes & Villas
13 homes sold
The average sales price is $96,246 with 84 days on the market.
The median sales price is $66,000.
The sales to list price ratio is 103%.
The most expensive townhome sold for $197,500 in Hanover Pointe and was new construction.
The least expensive condo sold for $23,000 in Clubside at Sabal Point after 58 days on the market.
The average sales price a year earlier was $151,950 with 41 days on the market with a sales to list price ratio of 99% on 4 sales, an increase of 225%.
The month to month changes show an increase in the average sales price of 21% and an increase in the median sales price of 11%. There was a decrease in sales volume of 19% 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.
The following are the market sales statistics for Lake Mary, Seminole County, Florida for October 2009. Lake Mary is made up of the zip code 32746. 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
35 homes sold during the month of October.
The average sales price is $341,000 with 113 days on the market.
The median sales price is $251,888.
The sales to list price ratio is 94%.
The most expensive home sold for $1,411,750 in Chestnut Hill at Heathrow and was on the market 876 days.
The least expensive home sold for $56,650 in Crystal Lake Winter Homes after 324 days on the market.
The average sales price for the same period a year earlier was $365,894 with 108 days on the market with a sales to list price ratio of 95% on 19 sales an increase of 84%.
The month to month changes show an increase in the average sales price of 4% and a decrease in the median sales price of 13%. There was an increase in sales volume of 9% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
19 homes sold
The average sales price was $91,548 with 183 days on the market.
The median sales price was $66,000.
The sales to list price ratio is 101%.
The most expensive townhome sold for $308,000 in Devon Green and was on the market 50 days.
The least expensive condo sold for $28,000 in Regency Park after 100 days on the market.
The average sales price a year earlier was $166,151 with 77 days on the market with a sales to list price ratio of 93% on 10 sales, an increase of 90%.
The month to month changes show an increase in the average sales price of 58% and an increase in the median sales price of 10%. There was a decrease in sales volume of 10% with no change in the sales to list price ratio.
For information on Lake Mary and Seminole County real estate and Lake Mary and Seminole County homes for sale in addition to Lake Mary and Seminole County relocation contact Marc Grossman, your Lake Mary 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.
The following are the market sales statistics for Casselberry, Seminole County, Florida for October 2009. Casselberry is made up of the zip codes 32707 and 32730. 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
27 homes sold during the month of October.
The average sales price is $161,209 with 137 days on the market.
The median sales price is $162,000.
The sales to list price ratio is 95%.
The most expensive home sold for $260K in Copperfield and was on the market 53 days
The least expensive home sold for $30,000 in the Colonnades after 65 days on the market.
The average sales price for the same period a year earlier was $176,840 with 96 days on the market with a sales to list price ratio of 92% on 16 sales, an increase of 69%.
The month to month changes show an increase in the average sales price of 7% and an increase in the median sales price of 14%. There was a decrease in sales volume of 13% with a 2% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
8 homes sold
The average sales price is $98,851 with 90 days on the market.
The median sales price is $81,375.
The sales to list price ratio is 94%.
The most expensive townhome sold for $220,000 in Legacy Park and was on the market 57 days.
The least expensive condo sold for $24,900 in Cabana Key after 66 days on the market.
The average sales price for the same period a year earlier was $125,000 with 156 days on the market with a sales to list price ratio of 88% on 4 sales, an increase of 100%.
The month to month changes show no change in the average sales price and a decrease in the median sales price of 40%. There was an increase in sales volume of 60% with a 6% decrease in the sales to list price ratio.
For information on Casselberry and Seminole County real estate and Casselberry and Seminole County homes for sale in addition to Casselberry and Seminole County relocation contact Marc Grossman, your Casselberry 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 profile & 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.
If you’re planning on selling your home in the Orlando area, or relocating to Orlando or the Central Florida area, Marc is your Greater Orlando Central Florida Real Estate Specialists! Marc It Sold
A licensed REALTOR® can sell your Orlando Real Estate, find your dream home in the Orlando or surrounding Central Florida areas, close to the best schools in Orange County or Seminole County and assist you with a mortgage that is tailored to your specific needs. If you would like to know more about Orlando Real Estate, Orlando Relocation, Orlando homes for sale, contact Marc your Greater Orlando Central Florida Real Estate Specialist! E-mail him, or give him a call to see what your Orlando home is worth today!
VISION
To make a difference to everyone Marc works with on a daily basis by adding value and quality to their lives through his knowledge, expertise and service.
MISSION
In working with a Seller - to sell their property for more money net to them in less time with minimal inconvenience to their lifestyle. In working with a Buyer - to assist them in purchasing a property within their prescribed parameters with the experience being comfortable, exciting and fun for all those involved.
COMMUNITY
Marc is involved with his community. Currently, Marc is Chairperson of the Board of Directors of Community Health Centers, Inc, a $27M non-profit organization. Marc is a member of the Apopka Chamber of Commerce and Metropolitan Business Association & have previously been on its' Board as well as that of other Community Associations. Marc is active in the Orlando Regional Realtor Association and the Florida Association of Realtors sits on many of their committees. He believes in giving back to the community that has supported him. Additionally, Marc donates 10% of his net proceeds to Hospice of the Comforter.
CREDENTIALS
Marc believes in education. Marc is:
Marc believes in educating you - the consumer - & giving you the tools to make the most informed decision that you can.
PERSONAL
Born in Newark, New Jersey in 1954, Marc grew up in Union and South Orange, New Jersey where he attended Seton Hall University majoring in Marketing and Secondary Education. Marc moved to Florida in 1986 to assist in the care of his parents. Marc opted for real estate, because several times in the past I found himself helping friends and acquaintances in their purchase of a home. This has turned out to be one of the best decisions that Marc has made in his life. To say that Marc loves what he does and that Marc loves real estate - is an understatement.
Marc serves the Greater Orlando Central Florida area including the counties of Orange, Seminole, West Volusia & South Lake. Some of the ciites in this region are:
Call Marc, your Greater Orlando Central Florida Real Estate Specialist today!
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