Seminole County, FL – Market Sales Statistics for January ‘12

Posted on February 16, 2012 by Marc Grossman • 0 Comments

The following are the market sales statistics for Seminole County, Florida for January 2012.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

365 homes were sold in the month of January with an average sales price of $136,280 and a median sales price of $114,000.  Of these, 90 were bank-owned and 136 were short sales.  That means that approximately 38% of the homes sold were ‘normal’ sales.

 

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 website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics

Orange County, FL – Market Sales Statistics for January ‘12

Posted on February 16, 2012 by Marc Grossman • 0 Comments

The following are the market sales statistics for Orange County, Florida for January 2012.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

1062 homes were sold in the month of January with an average sales price of $154,534 and a median sales price of $111,785.  Of these, 281 were bank-owned and 398 were short sales.  That means that approximately 36% of the homes sold were ‘normal’ sales.

 

For information on Orange County real estate and Orange County homes for sale in addition to Orange County relocation contact Marc Grossman, your 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics

Seminole County, FL – Market Sales Statistics for December ‘11

Posted on January 18, 2012 by Marc Grossman • 0 Comments

The following are the market sales statistics for Seminole County, Florida for December 2011.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

507 homes were sold in the month of December with an average sales price of $168,676 and a median sales price of $120,000.  Of these, 97 were bank-owned and 189 were short sales.  That means that approximately 44% of the homes sold were ‘normal’ sales.

 

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 website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics

Orange County, FL – Market Sales Statistics for December ‘11

Posted on January 18, 2012 by Marc Grossman • 0 Comments

The following are the market sales statistics for Orange County, Florida for December 2011.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

1359 homes were sold in the month of December with an average sales price of $182,445 and a median sales price of $117,500.  Of these, 310 were bank-owned and 525 were short sales.  That means that approximately 39% of the homes sold were ‘normal’ sales.

 

For information on Orange County real estate and Orange County homes for sale in addition to Orange County relocation contact Marc Grossman, your 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics

Orange County, FL – Market Sales Statistics for November ‘11

Posted on December 27, 2011 by Marc Grossman • 0 Comments

The following are the market sales statistics for Orange County, Florida for November 2011.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

1301 homes were sold in the month of November with an average sales price of $163,650 and a median sales price of $116,500.  Of these, 302 were bank-owned and 498 were short sales.  That means that approximately 39% of the homes sold were ‘normal’ sales.

 

For information on Orange County real estate and Orange County homes for sale in addition to Orange County relocation contact Marc Grossman, your 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.

To learn more about Marc and the services he has to offer, visit his website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics

Seminole County, FL – Market Sales Statistics for November ‘11

Posted on December 27, 2011 by Marc Grossman • 0 Comments

The following are the market sales statistics for Seminole County, Florida for November 2011.

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.

There needs to be a disclaimer here.  These stats are only telling us what it being purchased and happening at a certain period in time.  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.

Additionally, these are only monthly statistics and to get a better scope of what is happening, you need to look at a longer period of time.  More high-end homes might be sold in one month as opposed to another.  By looking at a longer period, you will get a better overall picture.  It is all relative and this has to be understood when utilizing these stats.

404 homes were sold in the month of November with an average sales price of $148,998 and a median sales price of $123,000.  Of these, 70 were bank-owned and 145 were short sales.  That means that approximately 47% of the homes sold were ‘normal’ sales.

 

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 website.

Marc Grossman, GRI  -  http://www.OrlandoHomes-4u.com/  -  407-463-1034

You can read Marc’s other blogs Real Estate Morsels, Real Estate Off The Leash & Real Estate Cracker

Marc It Sold!

Filed Under: Market Statistics