Seminole County 2024 Real Estate Market Recap
As 2024 comes to a close, the Seminole County real estate market reflects resilience and adaptability. Despite slight shifts in sales volume, the market demonstrated steady demand and increasing home values, offering insights for buyers, sellers, and investors alike.
Key Market Metrics
- Properties Sold: 5,837 in 2024, down slightly from 6,103 in 2023.
- Median Sold Price: $415,000, up from $399,900 in 2023—a 3.8% increase.
- Median Days on Market: 22 days, nearly doubling from 12 days in 2023.
- Sellers achieved 97.1% of their original list price, slightly below 2023’s 98.1%.
Property Breakdown
- Single-family homes: 4,223
- Townhouses: 888
- Condos: 646
Sales Trends
The total sales volume for 2024 exceeded $2.6 billion, a slight dip from $2.7 billion in 2023. Homes priced between $400,000 and $500,000 saw the highest activity.
Buyer Behavior
- Cash Sales: 1,477
- Financing Sales: 4,294
Luxury Market Insights
- Highest Sale: A stunning 7,000 sq. ft. home on 4.76 acres in Seminole Estates, Sanford, sold for $3,482,000.
- Million-Dollar Homes: 211 properties sold for $1M+, up from 193 in 2023.
What This Means for 2025
With rising median prices and steady demand, Seminole County remains a competitive market. Whether you’re planning to buy, sell, or invest, understanding these trends will help you make informed decisions.