This is the monthly recap for the Lake Mary Real Estate Market for the month of November 2008. The home sales information for Lake Mary includes the zip code 32746 and includes Heathrow, Florida. Lake Mary was voted the #1 Place to Live in Florida by Money Magazine/CNN.com in 2007.
Lake Mary is one of the top choices for Seminole County home buyers. Just a short 15 minute drive to downtown Orlando and 45 minutes to the Theme Parks & Beaches. Lake Mary is the "Premier" Orlando Bedroom Community.
Lake Mary had another strong month of sales, November actually saw an increase in sales while some areas continued to see a decline. The number of homes under contract continues to remain solid, indicating no further decline of sales in the near future.
Lake Mary Market Snapshot - November 2008
|
|
For Sale |
Under Contract |
Sold |
|
November 2008 |
565 |
69 |
33 |
|
October 2008 |
567 |
77 |
30 |
|
September 2008 |
558 |
60 |
31 |
|
August 2008 |
578 |
59 |
26 |
|
July 2008 |
547 |
51 |
44 |
|
June 2008 |
554 |
66 |
47 |
|
May 2008 |
566 |
64 |
42 |
|
April 2008 |
555 |
74 |
32 |
|
March 2008 |
575 |
62 |
33 |
|
February 2008 |
549 |
60 |
32 |
|
January 2008 |
526 |
43 |
26 |
Lake Mary Home Sales 5 Year History
November 2007: 32
November 2006: 54 - Decline of Seller's Market
November 2005 64 - Height of Seller's Market
November 2004: 59 - Beginning of Seller's Market
November 2003: 53
The Lake Mary Home Sales Flashback makes it easy to see how the market has changed over the past five years, from the height of the seller's market in 2005 to the post sub-prime mortgage meltdown of 2008. If you have question about selling your Lake Mary home, please contact me for a free, no obligation home valuation and an explanation of what the current Lake Mary market conditions means to you.
If you are thinking about buying a home in Lake Mary or Seminole County, please contact me... Mortgage rates are at historic lows, call me to find out how these lower rates affect your buying power.
Lake Mary Florida Real Estate
Debbie Summers Licensed Real Estate Professional, ALHS, ePRO
407-758-1020 or Debbie@MoveToLakeMary.com
Hey, great post. Thanks for the information about your area.
Debbie~Great post regarding market activity in Lake Mary. I love your easy to read reports.
LaShawn - Market reports really help me stay on top of the market...