Lake Mary Real Estate Market Extends Weakening in Home Prices

The number of home sales in the Lake Mary market rose 3.3% to 31 homes over the last 30 days. At the same time, close-by Deltona reported 174 home sales, the highest number from all the surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $267,600.

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Demographic facts about Lake Mary:

  • The median value of all homes in the area is $191,700.
  • This area usually gets 117 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 8.9%.
  • The student-to-teacher ratio is 16.4:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Southern Realty Enterprises
Snapped 1 home in this area
Greater Orlando Realty
Snapped 2 homes in this area
Charles Rutenberg Realty
Snapped 1 home in this area

Agents that specialize in this area
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