Winter Park, Seminole and Orange Counties, FL – Market Sales Statistics for August ‘08

The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for August 2008.  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.

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.  Additionally, 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. 

It is all relative and this has to be understood when utilizing these stats.

Single-Family Homes

37 homes sold during the month of August.

The average sales price, which is the total sold volume divided by the number of homes sold is $336,986 with 148 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 $309,500.

The sales to list price ratio, which means that the homes sold for 93% of their list price.

The most expensive home sold for $1.375M in Valencia Terrace and was on the market for 535 days. 

The least expensive home sold for $122,500 in Northwood Terrace after 30 days on the market.

The average sales price for the same period a year earlier was $514,111 with 188 days on the market and a sales to list price ratio of 95%.

Condos, Townhomes & Villas

8 homes sold

The average sales price was $211,560 with 106 days on the market.

The median sales price was $132,500.

The sales to list price ratio is 87%.

The most expensive sold for $893,100 in Perle du Lac Condos and was on the market 182 days. 

The least expensive sold for $30,000 in Winter Park Woods Condos and was on the market for 58 days.

The average sales price a year earlier was $153,455 with 121 days on the market and a sales to list price ratio of 94%.

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.