Winter Park Has Record Month for Real Estate Sales

The month of August saw the highest MLS sales in history for the Winter Park area. The total sales were over $34,000,000, up 35% from last year and almost 100% from the month before. This continues a trend where the number of sales and sales volume have been up for the last three months, although they are still down for the year.

The data does show something of a mixed market, however, as number of sales are down while median sale prices are up in all three sectors (Residential, Condominium & Vacant Land. Residential sales is the strongest segment with sales down only 2.3% for the year. Condominium sales are down almost 13% and Vacant Land would be down significantly more if it were not for the sale of a substantial development parcel earlier in the year.

The Residential segment includes both houses and townhomes. Closings at several new construction projects has probably contributed to the rise in the median price.

For a full copy of this report, please email Paul@PaulLewis.net.