Orlando Real Estate News

Altamonte Springs Florida Update for March 2009

If there is a right place in all of the Orlando metropolitan area, Altamonte Springs is it. Positioned in the geographic heart of Central Florida, Altamonte Springs provides a solid base of white collar personnel and support services with the convenience of a location that virtually eliminates the daily challenge of commuting to work.

An outdoor town center was recently opened named 'Uptown Altamonte' which marks the central business district of the city. Cranes Roost at Uptown Altamonte features a choreographed water fountain show that will entertain people of all ages. The spectacular music, light and water show features classical, swing and contemporary music in a 20 minute performance

We have included a monthly snapshot for Altamonte Springs including condos, townhomes, single family, villas and multifamily homes.

Active Listings (Real Estate for Sale):
Property being marketed for sale by a Realtor®, as contracted with the seller.

March 2009:                                             
*Total Active Listings: 614 * Highest Listing Price: $1,750,000 *Lowest Listing Price: $19,000
                  *Average Listing Price: $146,200 * Average Days on the Market: 212

• Single Family Homes 187 Total Available $246,694 Average List Price
• Villas  4 Total Available $149,800 Average List Price
• Condos 384 Total Available $97,570 Average List Price
• Townhomes 39 Total Available $142,806 Average List Price

February 2009:                                             
*Total Active Listings: 633 * Highest Listing Price: $3,490,000 *Lowest Listing Price: $25,000
                  *Average Listing Price: $164,890 * Average Days on the Market: 212

• Single Family Homes 205 Total Available $277,099 Average List Price
• Villas  3 Total Available $168,567 Average List Price
• Condos 382 Total Available $116,114 Average List Price
• Townhomes 43 Total Available $151,829 Average List Price

January 2009:                                            
*Total Active Listings: 651 * Highest Listing Price: $3,750,000 *Lowest Listing Price: $24,900
                  *Average Listing Price: $173,634 * Average Days on the Market: 194

• Single Family Homes 238 Total Available $272,520 Average List Price
• Villas  2 Total Available $159,900 Average List Price
• Condos 364 Total Available $111,901 Average List Price
• Townhomes 47 Total Available $151,575 Average List Price

Pending Listings (Real Estate Under Contract):
Buyer and seller have signed an agreement but sale is not yet completed.

March 2009:                                             
*Total Pending Listings: 134 * Highest Listing Price: $496,375 *Lowest Listing Price: $19,900
                *Average Pending Price: $130,016 * Average Days on the Market: 145

• Single Family Homes 74 Total $179,149 Average List Price
• Condos 57 Total $66,053 Average List Price
• Townhomes 4 Total $103,600 Average List Price

February 2009:                                            
*Total Pending Listings: 100 * Highest Listing Price: $154,000 *Lowest Listing Price: $24,900
                *Average Pending Price: $134,123 * Average Days on the Market: 158

• Single Family Homes 56 Total $182,887 Average List Price
• Condos 42 Total $70,054 Average List Price
• Townhomes 3 Total $131,133 Average List Price

January 2009:                                             
*Total Pending Listings: 66 * Highest Listing Price: $322,500 *Lowest Listing Price: $21,900
                *Average Pending Price: $135,899 * Average Days on the Market: 154

• Single Family Homes 32 Total $186,565 Average List Price
• Condos 28 Total $79,109 Average List Price
• Townhomes 4 Total $141,075 Average List Price
• Villas  2 Total $109,950 Average List Price

Sold Listings (Completed Real Estate Sales):
Sale of property is completed and ownership has changed hands.

March 2009:                                            
*Total Sold: 35 * Highest Sold Price: $215,000 *Lowest Sold Price: $25,000
          *Average Sold Price: $112,234 * Average Days on the Market: 109

• Single Family Homes 20 Total $159,364 Average Sold Price
• Villas  1 Total $99,900 Average Sold Price
• Condos 13 Total $65,762 Average Sold Price
• Townhomes 1 Total $154,000 Average Sold Price

February 2009:                                            
*Total Sold: 26 * Highest Sold Price: $244,000 *Lowest Sold Price: $21,900
          *Average Sold Price: $120,068 * Average Days on the Market: 167

• Single Family Homes 13 Total $164,685 Average Sold Price
• Villas  1 Total $120,000 Average Sold Price
• Condos 10 Total $84,270 Average Sold Price
• Townhomes 2 Total $132,400 Average Sold Price

January 2009:                                            
*Total Sold: 16 * Highest Sold Price: $382,000 *Lowest Sold Price: $45,000
          *Average Sold Price: $144,025 * Average Days on the Market: 144

• Single Family Homes 10 Total $175,960 Average Sold Price
• Condos 4 Total $56,200 Average Sold Price
• Townhomes 2 Total $160,000 Average Sold Price

  For information on great real estate buys in Orlando and nearby suburbs,
contact the Orlando Property Group, your short sale and luxury home specialists.

Or Search Now for Real Estate & Homes in the Orlando Florida Area

Looking for specific information regarding Orlando Florida real estate prices and communities? Get Your Free Market Snapshot

Read Also: Orlando Florida Relocation Resource Guide

Read Also: Business 2.0 Magazine has named Orlando the number 1 hottest market with America's best jobs.

Read Also: Orlando Florida Facts & Resources

Read Also: Orlando Florida City - Everything You Need To Know!

If you are wanting to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place while time is still on your side. Please contact us for any real estate assistance you may need.

We're experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We're always available to answer your questions.

Altamonte Springs FL Market Update - February 2009

Altamonte Springs, Florida, boasts a prime Central Florida location, only a 15-minutes drive from Orlando. This active community in Seminole County has it own entertainment facilities, job opportunities, excellent schools, and beautiful nature trails, lakes, and parks.

Real Estate Update for Altamonte Springs

This monthly update provides residential real estate listings and sales statistics for Altamonte Springs, Florida. While this is an accurate overall snapshot of what's happening in the local housing market, sales trends vary from neighborhood to neighborhood and from budget-priced condo to comfortable single-family home to elegant luxury estate.

Active Listings (Real Estate for Sale):
Property being marketed for sale by a Realtor®, as contracted with the seller.

February 2009:
 • Total listings: 663
 • Highest listing price: $3,490,000
 • Lowest listing price: $25,000
 • Average listing price: $164,889
 • Average days on the market: 214

January 2009:
 • Total listings: 651
 • Highest listing price: $3,750,000
 • Lowest listing price: $24,900
 • Average listing price: $173,633
 • Average days on the market: 193

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Orlando Florida Real Estate

Orlando's Altamonte Springs Allows You To Avoid The Long Daily Commute! 

Altamonte Springs is conveniently located in the heart of Central Florida, near Orlando, close to the business centers of North Orlando, Lake Mary, Apopka and Maitland. Altamonte Springs is in Seminole County, at the crossroads of Interstate 4 and State Road 436. It is just 15 minutes away from downtown Orlando and a little more than half an hour away from Orlando International Airport.  

Planning to invest in Altamonte Springs real estate?

There has been very rapid growth in the Orlando area, and Altamonte Springs & Orlando real estate is still moving! Altamonte Springs has a lot to offer, including a central location, new condo developments, job opportunities, good schools, entertainment, and shopping at Uptown Altamonte.

Altamonte Springs has beautiful lakes, parks, and nature trails, where nature lovers can have a good time. You can enjoy great fishing and water sports, stroll down the walkways, or just relax on the benches. The warm weather is great!

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Orlando Florida Real Estate Resource

Altamonte Springs Florida Real Estate Market Facts - Everything You Need To Know!

Here Are Some Local Factors That Affect Home Values In Altamonte Springs Florida

City Overview

As of 2007, Altamonte Springs's population was 40,613 people. Since 2000, it has had a population growth of -1.42 percent.

The median home cost in Altamonte Springs is $312,600. Home appreciation the last year has been 4.65 percent.

Compared to the rest of the country, Altamonte Springs's cost of living is 1.26% Lower than the U.S. average.

Altamonte Springs public schools spend $4,851 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Altamonte Springs.

The unemployment rate in Altamonte Springs is 2.60 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Altamonte Springs jobs have Increased by 2.78 percent.

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