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Market Overview to Select Gated Communities in Seminole County
A well informed buyer or seller makes exponentially better decisions than otherwise. With this in mind the data below will give you a great understanding of how our market has 'behaved' through the first 10 months of the 2007.
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Market Area Coverage |
|
Neighborhood |
City |
Zip |
Nr. of homes |
General Price Range |
|
Alaqua |
Longwood |
32779 |
215 |
800k - 3.5M |
|
Alaqua Lakes |
Longwood |
32779 |
529 |
800k - 4M |
|
Carisbrooke |
Lake Mary |
32746 |
45 |
900k - 2M |
|
Heathrow |
Lake Mary |
32746 |
2,000 |
325k - 3M |
|
Heathrow Woods |
Lake Mary |
32746 |
210 |
1M - 2.5M |
|
Lake Forest |
Sanford |
32771 |
780 |
375k - 2M |
|
Lake Markham Preserve |
Sanford |
32771 |
62 |
1.2M - 3.5M |
|
Magnolia Plantation
|
Lake Mary |
32746 |
495 |
450k - 1.4M |
|
River Crest |
Sanford |
32771 |
116 |
550k - 1.5M |
|
Wingfield North |
Longwood |
32779 |
115 |
600k - 1.5M |
|
Wingfield Reserve |
Longwood |
32779 |
181 |
700k - 2.5M |
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Totals: |
4,748 |
325k - 4M |
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Inventory Analysis for the period Jan 1 - Oct 10, 2007
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Asking |
Nr. Of Homes |
Average Home Price |
Avg Size in Sq Ft |
Average Year Built |
Days on Market |
Avg Price/Sq. Ft. |
Average |
Tot Inventory |
|
Price |
SLD |
PNC |
ACT |
SLD-asking |
SLD-final |
PNC-asking |
ACT-asking |
SLD |
PNC |
ACT |
SLD |
PNC |
ACT |
SLD |
PNC |
ACT |
SLD(A) |
SLD(F) |
PNC(A) |
ACT(A) |
Discounts |
in # of mos |
|
300k-500k |
47 |
5 |
62 |
$400,506 |
$384,048 |
$430,800 |
$411,332 |
2,072 |
2,453 |
2,168 |
1996 |
2001 |
1998 |
133 |
85 |
171 |
$193 |
$185 |
$176 |
$190 |
4.11% |
11.1 |
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500k-800k |
76 |
3 |
75 |
$668,471 |
$641,469 |
$701,633 |
$635,556 |
3,181 |
3,295 |
3,069 |
1998 |
1997 |
1998 |
191 |
56 |
161 |
$210 |
$202 |
$213 |
$207 |
4.04% |
8.9 |
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800k-1M |
16 |
1 |
33 |
$889,175 |
$851,219 |
$874,900 |
$918,063 |
3,919 |
3,326 |
3,764 |
1999 |
2004 |
1997 |
158 |
275 |
159 |
$227 |
$217 |
$263 |
$244 |
4.27% |
18.1 |
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1M-1.2M |
13 |
2 |
23 |
$1,125,984 |
$1,044,192 |
$1,149,950 |
$1,133,778 |
4,041 |
4,162 |
4,185 |
2001 |
2000 |
1997 |
72 |
145 |
215 |
$279 |
$258 |
$277 |
$271 |
7.26% |
14.3 |
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1.2M-1.5M |
25 |
2 |
30 |
$1,362,196 |
$1,251,255 |
$1,269,450 |
$1,339,760 |
4,688 |
4,175 |
4,497 |
2001 |
2004 |
2002 |
173 |
84 |
160 |
$291 |
$267 |
$304 |
$298 |
8.14% |
10.4 |
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1.5M-2M |
16 |
2 |
18 |
$1,737,600 |
$1,582,156 |
$1,599,500 |
$1,750,886 |
6,081 |
4,439 |
5,459 |
1999 |
2001 |
2002 |
172 |
38 |
172 |
$286 |
$260 |
$365 |
$321 |
8.95% |
9.3 |
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2M+ |
7 |
n/a |
13 |
$3,116,286 |
$2,638,571 |
n/a |
$2,768,876 |
8,761 |
n/a |
7,561 |
2001 |
n/a |
1999 |
140 |
n/a |
344 |
$356 |
$301 |
n/a |
$366 |
15.33% |
17.3 |
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ALL |
200 |
15 |
254 |
$910,814 |
$845,309 |
$878,107 |
$934,041 |
3,651 |
3,402 |
3,886 |
1999 |
2001 |
1999 |
161 |
93 |
178 |
$236 |
$232 |
$245 |
$240 |
5.5 |
11.0 |
If you are interested in discussing your real estate options in the Lake Mary, Longwood, Sanford areas please contact Michael Ciochir at 407.415.3271 or by email at MichaelCiochir@remax.net
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