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November 2024 Real Estate Market Report for Seminole, Orange, and Volusia Counties

Market Update for Seminole, Orange and Volusia County.jpeg
Market Update for Seminole, Orange and Volusia County.jpeg

The November 2024 real estate market data for Central Florida provides valuable insights into the housing trends across Seminole, Orange, and Volusia Counties. Here’s a detailed breakdown:

Seminole County

In November 2024, Seminole County recorded 383 property sales, down from 425 sales in November 2023. Of these, 276 were single-family homes, 59 were townhomes, and 44 were condos. The median sales price increased to $419,000, compared to $400,000 in November 2023. Financing continued to dominate, with 294 financed sales compared to 88 cash sales. The price range with the highest sales volume was $400,000 - $500,000.

The highest sale in Seminole County was a luxurious single-family home in the Sylvan Trails subdivision in Sanford, built by WJ Homes. This stunning 5-bedroom, 5.5-bathroom home with over 4,600 square feet sold for $1,958,60. On the other end of the spectrum, the least expensive sale was a 1-bedroom, 1-bathroom condo-tel in Altamonte Springs at Waterside at Cranes Roost, which sold for $91,000.

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Summary

  • 383 property sales (down from 425 in November 2023)
  • 276 single-family homes, 59 townhomes, 44 condos
  • Median sales price: $419,000 (up from $400,000 in 2023)
  • 294 financed sales, 88 cash sales
  • Most active price range: $400,000 - $500,000

Orange County

Orange County saw 1,094 property sales in November 2024, a decrease from 1,172 sales in November 2023. The sales included 784 single-family homes, 143 townhomes, and 128 condos. The median sales price rose to $440,000, up from $420,000 in November 2023. 319 sales were cash transactions, while 729 were financed. The price range with the highest sales volume was also $400,000 - $500,000.

The highest sale in Orange County was a historic Winter Park estate on the Maitland Chain of Lakes, built in 1934. This breathtaking 4-bedroom, 4.5-bathroom home with 4,581 square feet sold for $5,770,000. The lowest-priced sale was a 1-bedroom, 1-bath travel trailer in Apopka, offering 280 square feet and land ownership, which sold for $45,000.

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Summary

  • 1,094 property sales (down from 1,172 in November 2023)
  • 784 single-family homes, 143 townhomes, 128 condos
  • Median sales price: $440,000 (up from $420,000 in 2023)
  • 729 financed sales, 319 cash sales
  • Most active price range: $400,000 - $500,000

Volusia County

Volusia County experienced 525 property sales in November 2024, a slight increase from 520 sales in November 2023. This included 439 single-family homes, 25 townhomes, and 34 condos. The median sales price edged up to $350,000, compared to $349,000 in November 2023. Financing led the way with 364 sales, while 150 were cash purchases. The price range with the highest sales volume was $300,000 - $350,000.

The highest sale in Volusia County was a newly constructed 6-bedroom, 6.5-bathroom single-family home with a guest house in New Smyrna Beach, boasting 4,410 square feet and selling for $2,150,000. The lowest sale was a 2-bedroom, 2-bathroom mobile home in South Daytona, built in 1973 with 720 square feet, which sold for $65,000.

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Summary

  • 525 property sales (up from 520 in November 2023)
  • 439 single-family homes, 25 townhomes, 34 condos
  • Median sales price: $350,000 (up from $349,000 in 2023)
  • 364 financed sales, 150 cash sales
  • Most active price range: $300,000 - $350,000

These statistics highlight the steady growth and diverse opportunities across Central Florida’s real estate market. Whether you’re buying, selling, or investing, now is a great time to explore what Seminole, Orange, and Volusia Counties have to offer.

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