Apopka, Seminole & Orange Counties, FL – Market Sales Statistics for August ‘08

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

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

55 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 $187,646 with 144 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 $185,000.

The sales to list price ratio, which means that the homes sold for 96% of their list price. 

The most expensive home sold for $445,000 in Oak Ridge and was on the market 68 days. 

The least expensive home sold for $25,000 in Rock Springs Homesites after 32 days on the market. 

The average sales price for the same period a year earlier was $252,534 with 155 days on the market and a sales to list price ratio of 95%.

Condos, Townhomes & Villas

1 condo sold for $134,000 in Errol Village and was on the market for 163 days with a sales to list price ration of 89%. 

The average sales price a year earlier was $188,996 with 179 days on the market and a sales to list price ratio of 96%.

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