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Apopka, Seminole & Orange Counties, FL – Market Sales Statistics for May ‘10

The following are the market sales statistics for Apopka, Seminole and Orange Counties, Florida for May 2010.  Apopka is made up of the zip codes of 32703 & 32712.  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 ... more

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