$7,006 Closing Credit*
$590,000
1,986 SqFt
3 Beds
•2 Full Baths
Brad Merrell, Listing Office: COLDWELL BANKER REALTY
Is Seminole County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Seminole County has remained a Seller's Market.
Key Takeaway
Seminole County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seminole County, FL
How much do homes in Seminole County, FL cost?
Median Sold Price
$409,130
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,847(+4.8%)
Key Takeaway
Homes in Seminole County have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Seminole County was $409,130 in October 2024, up 4.8% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $148.9K | -0.7% |
| 2 Bedrooms | $240K | $244.4K | +1.8% |
| 3 Bedrooms | $360.5K | $375.5K | +4.2% |
| 4 Bedrooms | $500.6K | $529.7K | +5.8% |
| 5+ Bedrooms | $752.7K | $775K | +3.0% |
Summary: Seminole County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Counties
| Orange County | $400K | $425.5K | +6.4% |
| Seminole County | $390.2K | $409.1K | +4.8% |
| Volusia County | $339.9K | $350K | +3.0% |
| Lake County | $366.8K | $375.1K | +2.3% |
Housing Supply in Seminole County, FL
How many homes are available in Seminole County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,210 | 2,125 | -3.8% |
Summary: The Seminole County real estate market had 2,125 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 85 | 81 | -4.7% |
| 2 Bedrooms | 338 | 357 | +5.6% |
| 3 Bedrooms | 873 | 826 | -5.4% |
| 4 Bedrooms | 709 | 664 | -6.3% |
| 5+ Bedrooms | 205 | 197 | -3.9% |
Summary: The Seminole County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 3.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 416 | 383 | -7.9% |
Asking Price vs. Sold Price
237 Homes Were Sold
Under Asking
98 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seminole County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 383 homes were sold or pending in Seminole County in October 2024, down by 7.9% month-over-month. Of the 383 sold homes, 62% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for Seminole County, FL
How long does it take to sell a home in Seminole County, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 42 Days | +70.8% |
Summary: Homes in Seminole County had an average of 42 days on market in Oct 2024, up by 70.8% compared to last year.
Breakdown of Home Sale Times
209 Homes Were Sold
Under 30 Days
117 Homes Were Sold
In 30 - 90 Days
57 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seminole County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 383 homes were sold in Seminole County; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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