The following are the market sales statistics for Orlando, Orange County, Florida for September 2009. 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
703 homes sold during the month of September.
The average sales price is $164,181 with 128 days on the market.
The median sales price is $148,600.
The sales to list price ratio is 97%.
The most expensive home sold for $1.85M in Baldwin Park and was new construction built in 2008.
The least expensive home sold for $9800 in Morgans after 147 days on the market.
The average sales price for the same period a year earlier was $229,128 with 149 days on the market and a sales to list price ratio of 95% on 483 sales, an increase of 46%.
The month to month changes show a decrease in the average sales price of 10% and a decrease in the median sales price of 4%. There was an increase in the sales volume of 1% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
441 homes sold
The average sales price was $73,746 with 92 days on the market.
The median sales price was $55,000.
The sales to list price ratio is 103%.
The most expensive condo sold for $387,500 in Star Tower and was on the market 39 days.
The least expensive sold for $12,800 in Plaza at Millenium Condo and was on the market for 68 days.
The average sales price for the same period a year earlier was $158,131 with 140 days on the market and a sales to list price ratio of 96% on 135 sales, an increase of 227%.
The month to month changes show a decrease in the average sales price of 6% and a decrease in the median sales price of 2%. There was an increase in sales volume of 2% with a 2% increase 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.
The following are the market sales statistics for Orange County, Florida for September 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
980 homes sold during the month of September.
The average sales price is $192,458 with 129 days on the market.
The median sales price is $160,000.
The sales to list price ratio is 97%
The most expensive home sold for $3M in Metcalf Park in Windermere and was new construction.
The least expensive home sold for $9,800 in Morgans in Orlando after 147 days on the market.
The average sales price for the same period a year earlier was $247,988 with 116 days on the market with a sales to list price ratio of 95% on 665 sales, a 47% increase.
The month to month changes show a decrease in the average sales price of 6% and a decrease in the median sales price of 1%. There was an increase in sales volume of 4% with a 1% increase in the sales to list price.
Condos, Townhomes & Villas
503 homes sold.
The average sales price was $77,141 with 96 days on the market.
The median sales price was $56,600.
The sales to list price ratio is 102%
The most expensive villa sold for $800,000 in Isleworth in Windermere and was on the market 128 days.
The least expensive sold for $12,800 in Plaza at Millenium Condo in Orlando and was on the market for 68 days.
The average sales price for the same period a year earlier was $149,814 with 97 days on the market with a sales to list price ratio of 96% on 156 sales, an increase of 222%.
The month to month changes show a decrease in the average sales price of 3% and a nominal decrease in the median sales price of less than 1%. There was an increase in sales volume of 4% with a 1% increase 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 September 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
20 homes sold during the month of September.
The average sales price is $266,750 with 142 days on the market.
The median sales price is $218,500.
The sales to list price ratio is 94%.
The most expensive home sold for $680K in Lake Colony and was on the market 353 days
The least expensive home sold for $103,000 in Lakewood Shores after 356 days on the market.
The average sales price for the same period a year earlier was $381,409 with 71 days on the market with a sales to list price ratio of 92% on 11 sales, an increase of 82%.
The month to month changes show a decrease in the average sales price of 18% with an increase in the median sales price of 20%. There was an increase in sales volume of 233% with a 1% increase in the sales to list price ratio.
Condos, Townhomes & Villas
10 homes sold
The average sales price is $49,763 with 117 days on the market.
The median sales price is $54,000.
The sales to list price ratio is 95%.
The most expensive condo sold for $75,000 in Visconti East and was on the market 389 days.
The least expensive condo sold for $18,000 in Carrington Park after 139 days on the market.
The average sales price a year earlier was $127,925 with 99 days on the market with a sales to list price ratio of 93% on 4 sales, a 150% increase.
The month to month changes show a decrease in the average sales price of 12% with a decrease in the median sales price of 18%. There was an 11% increase in sales volume with a 10% 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 September 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
46 homes sold during the month of September.
The average sales price is $244,169 with 126 days on the market.
The median sales price is $217,000.
The sales to list price ratio is 93%.
The most expensive home sold for $715,000 in Alaqua Lakes and was on the market 203 days..
The least expensive home sold for $69,000 in Wildmere after 79 days on the market.
The average sales price for the same period a year earlier was $321,452 with 135 days on the market with a sales to list price ratio of 94% on 33 sales, an increase of 39%.
The month to month changes show an increase in the average sales price of 3% and a decrease in the median sales price of 5%. There was an increase in sales volume of 2% with a 3% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
16 homes sold
The average sales price is $79,717 with 131 days on the market.
The median sales price is $59,250.
The sales to list price ratio is 100%.
The most expensive townhome sold for $187,000 in Wekiva Landing and was new construction.
The least expensive condo sold for $35,000 in Residences at Sabal Point after 39 days on the market.
The average sales price a year earlier was $191,300 with 89 days on the market with a sales to list price ratio of 98% on 3 sales, an increase of 433%.
The month to month changes show a decrease in the average sales price of 9% and a decrease in the median sales price of 1%. There was an increase in sales volume of 7% with a 8% decrease 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 September 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
32 homes sold during the month of September.
The average sales price is $326,696 with 183 days on the market.
The median sales price is $289,500.
The sales to list price ratio is 93%.
The most expensive home sold for $1.15M in the Reserve at Heathrow and was on the market 551 days.
The least expensive home sold for $140,000 in Greenwood Lakes after 212 days on the market.
The average sales price for the same period a year earlier was $400,452 with 138 days on the market with a sales to list price ratio of 94% on 23 sales an increase of 39%.
The month to month changes show an increase in the average sales price of 2% and a decrease in the median sales price of 8%. There was a decrease in sales volume of 22% with a 3% decrease in the sales to list price ratio.
Condos, Townhomes & Villas
21 homes sold
The average sales price was $57,877 with 100 days on the market.
The median sales price was $59,900.
The sales to list price ratio is 101%.
The most expensive townhome sold for $89,900 in Notting Hill and was on the market 322 days.
The least expensive condo sold for $32,000 in Notting Hill after 102 days on the market.
The average sales price a year earlier was $140,372 with 23 days on the market with a sales to list price ratio of 95% on 7 sales, an increase of 200%.
The month to month changes show a decrease in the average sales price of 17% and a decrease in the median sales price of 3%. There was a decrease in sales volume of 5% with a 4% increase 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.
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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