Altos Market Data for Realtors

Altamonte Springs, FL

Single-Family Homes

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Altamonte Springs, FL

Tue Aug 11 2020
This week the median list price for Altamonte Springs, FL is $324,950 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has held steady at or around 52. Click here to stay informed with the Altamonte Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Altamonte Springs, FL

Tue Aug 11 2020
This week the median list price for Altamonte Springs, FL is $324,950 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has held steady at or around 52. Click here to stay informed with the Altamonte Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Altamonte Springs market.
Median List Price $324,950
Per Square Foot $170
Days on Market 104
Price Decreased 42%
Price Increased 2%
Relisted 4%
Inventory 52
Median Rent $1,550
Most Expensive $1,850,000
Least Expensive $120,000
Market Action 56
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$637,000 3,659 0.5 - 1 acre 5 3 47 0 1 127
$349,000 2,319 0.25 - 0.5 acre 4 1 46 1 0 154
$285,000 1,766 0.25 - 0.5 acre 3 1 46 4 2 31
$229,000 1,294 8,000 - 10,000 sqft 3 1 50 5 2 102