The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for June 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. 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.
13 homes sold during the month of June.
The average sales price, which is the total sold volume divided by the number of homes sold is $331,737 with 178 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 $230,000.
The most expensive home sold for $970,000 after 132 days on the market. It was a 4 bedroom, 4 bath, 2-car garage lakefront home in 3974sf built in 1969 in Altamonte Springs on 1.33 acres of land in with a heated screen enclosed swimming pool, boat house with hoist and ramp, new roof, newer kitchen, breakfast room, in master suite, elevator, wine cellar, etc. The community off a boat ramp, playground and tennis courts with an optional HOA.
The least expensive home sold for $125,000 and was on the market 210 days. It was a 3 bedroom, 2 bath, 2-car garage home with 1100sf built in 1958 on .29 acre with tile throughout, french doors and a screen enclosed porch. There is no HOA.
The average sales price for the same period a year earlier was $304,735 with 102 days on the market.
Condos, Townhomes & Villas
19 homes sold
The average sales price was $125,391 with 165 days on the market.
The median sales price was $123,000.
The most expensive sold for $220,000 and was on the market for 207 days. It was a 2 bedroom, 2½ bath, 2-car garage townhome in a gated community with 1626sf built in 1998 with newer carpet, Mexican ceramic tile, fireplace. The community offers a pool, boat ramp for lake access, tennis courts, rec bldg, playground with a monthly maintenance of $337.
The least expensive sold for $55,000 after 265 days on the market. It was a 2 bedroom, 1 bath ground floor pool side condo with 1056sf built in 1971. The community offers a swimming pool and shuffleboard with a monthly maintenance of $252.
The average sales price a year earlier was $179,839 with 136 days on the market.
For information on Altamonte Springs and Seminole County real estate and Altamonte Springs and Seminole County homes for sale in addition to Altamonte Springs and Seminole County relocation contact Marc Grossman, your Altamonte Springs 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.
Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034
Marc donates 10% of his net proceeds to Hospice of the Comforter.