Seminole County Florida Real Estate Update: October 2008

What's Selling in Seminole County Florida?

Seminole County includes the cities of Lake Mary, Sanford, Altamonte Springs, Longwood, Casselberry, Fern Park, Winter Springs and Oviedo.

The inventory of homes for sale in Seminole County Florida decreased by just over 1% last month.  The absorption rate is staying steady at 9 months.  The absorption rate is the number of months that it will take to sell all of the homes on the market if no new homes are listed. 

There are currently 519 homes under contract and there were 257 home sales in Seminole County last month.

Seminole County Real Estate Market Snapshot for October 2008

	Homes For Sale	Homes Under Contract	Homes Sold
October 2008	4674	519	257
September 2008	4725	512	306*
August 2008	4690	548	283*
July 2008	4740	555	363*
June 2008	4726	586	346*
May 2008	4722	592	345*
April 2008	4710	619	293*
March 2008	4816	478	266*
February 2008	4692	444	221*
January 2008	4681	365	198*

*Updated Totals - Late closings posted have increased the closed sales totals, this is the most current information available.  Properties have been listed and sold by various MLS participants and all data was derived from the Mid Florida Regional MLS.

Seminole County cities include:  Sanford, Lake Mary, Longwood, Altamonte Springs, Casselberry, Winter Springs, Fern Park and Oviedo.

Do you have Seminole County real estate questions?  Just email me @ debbie@casanddebbie.com.

  

Move To Lake Mary (Orlando & Central Florida)

Licensed Real Estate Professional, ALHS, e-PRO @ 407.758.1020 or Debbie@CasAndDebbie.com