Seminole County, FL – Market Sales Statistics for May ‘08

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The following are the market sales statistics for Seminole County, Florida for May 2008.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.

Single-Family Homes

262 homes sold during the month of May.

The average sales price, which is the total sold volume divided by the number of homes sold is $329,856 with 143 days on the market.

The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $250,000.

The most expensive home sold for $3.5M and was new construction.  It was a 7 bedroom, 9½ bath, 3-car garage lakefront home in 7638sf in Altamonte Springs on .54 acres of land in a gated community with an infinite edge swimming pool and spa, circular staircase, 2 stone fireplaces, morning kitchen in master suite, elevator, wine cellar, etc.   The community off a boat ramp with an HOA of $600/quarter and $200 monthly.

The least expensive home sold for $60,150 after 25 days on the market.  It was a bank-owned 3 bedroom, 1½ bath home with 1008sf built in 1971 in Sanford on .23 acre with no HOA.

The average sales price for the same period a year earlier was $344,157 with 118 days on the market.

Condos, Townhomes & Villas

63 homes sold

The average sales price was $155,597 with 182 days on the market.

The median sales price was $160,000.

The most expensive sold for $252,500 and was new construction.  It was a 4 bedroom, 3½ bath, 3 floors, 2-car garage townhome in a gated community with 2088sf  built in 2007 in Lake Mary with an elevator, stainless steel appliances, tile roof, etc.   The community offers a pool and recreation building with a monthly maintenance of $500.

The least expensive sold for $59,900 after 116 days on the market.  It was a 1 bedroom, 1 bath fixer upper condo with 781sf built in 1972 in Casselberry.  The community offers boat dock, swimming pool, clubhouse, tennis courts with a monthly maintenance of $180.

The average sales price a year earlier was $175,584 with 123 days on the market.

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 profile & website. 

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!