The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for May 2008. Altamonte Springs is made up of the zip codes of 32701 & 32714. For purposes of this analysis we are not only splitting the data according to zip codes, but also single-family homes vs, condominiums, townhomes and villas. 32714 – Single-Family Homes
14 homes sold during the month of May.
The average sales price, which is the total sold volume divided by the number of homes sold is $469,750 with 153 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 $209,000.
The most expensive home sold for $3.5M and was new construction. It was a 7 bedroom, 9½ bath, 3-car garage lakefront home in 7638sf in Altamonte Springs on .54 acres of land in a gated community with an infinite edge swimming pool and spa, circular staircase, 2 stone fireplaces, morning kitchen in master suite, elevator, wine cellar, etc. The community off a boat ramp with an HOA of $600/quarter and $200 monthly.
The least expensive home sold for $104,000 after 260 days on the market. It was a 3 bedroom, 1 bath, 1-carport corner lot home with 828sf built in 1960 on .20 acre with tile throughout with a new shower, some new fixtures and interior doors. There is no HOA.
The average sales price for the same period a year earlier was $354,839 with 105 days on the market.
32714 – Condos, Townhomes & Villas
9 homes sold
The average sales price was $116,344 with 187 days on the market.
The median sales price was $104,900.
The most expensive sold for $188,000 and was on the market for 163 days. It was a 3 bedroom, 2 ½ bath, 1-car garage townhome in a gated community with 1520sf built in 2005 with lake view, upgraded appliances, fire sprinklers, interior laundry room.
The least expensive sold for $84,900 and was a condo conversion. It was a 1 bedroom, 1 bath condo in 651sf built in 1971. The community has a pool, tennis courts, basketball court, picnic area & clubhouse with a monthly maintenance of $145.74.
The average sales price a year earlier was $142,631 with 159 days on the market.
32701 – Single Family Homes
7 homes sold
The average sales price was 208,714 with 100 days on the market.
The median sales price was $175,000.
The most expensive home sold for $417,000 in 293 days. It was a 4 bedroom, 3 bath, 2 car-garage home with 2493sf built in 1998 located in a gated community on .29 acre with a solar heated pool, tile and wood floors throughout, large lanai with built-in grill, 2 gas fireplaces, crown mouldings. The HOA is $220/quarter.
The least expensive home sold for $72,000 in 33 days. It was a 3 bedroom, 2 bath bank-owned home with 1-car garage in 1056sf built in 1974 located on .24 acre. The home was listed as a handyman special with a pool that needed to be completed. There is no HOA.
The average sales price a year earlier was $271,956 with 90 days on the market.
32701 – Condos, Townhomes & Villas
7 homes sold
The average sales price of $125,929 with 167 days on the market.
The median sales price was $115,000.
The most expensive sold for $180,000 in 132 days. It was a 3 bedroom, 2 bath 1 story split plan end unit condo in 1817sf built in 1974 with vaulted ceilings and enclosed sunroom with wood laminate floors in a gated lakefront community. The community offers a swimming pool, tennis courts, shuffleboard, dock, bbq grills, clubhouse, fitness room with a maintenance fee of $278.75/month.
The least expensive condo for $103,000 after 91 days on the market. It was a 2 bedroom, 2 bath 2nd floor condo with 1216sf built in 1970 with a lake view and Murphy bed in the second bedroom. The community offers a pool, clubhouse, tennis courts, exercise room and lake access with a monthly maintenance of $317 plus an assessment of $23 per month.
The average sales price of a year earlier was $142,886 with 125 days on the market.
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Contributor's Note
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. Central Florida Homes for Sale, Real Estate, Realtor and RelocationTo learn more about Marc and the services he has to offer, visit his profile & website. Marc Grossman, GRI - http://www.OrlandoHomes-4u.com/ - 407-463-1034 Marc donates 10% of his net proceeds to Hospice of the Comforter. Marc It Sold!
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