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Monday, November 25, 2024

Falling home prices in Tangerine in October 2020

Realestate5

The median sale price of a home sold in October 2020 in Tangerine fell by $38,750 while total sales increased by 100%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $429,500 - a 8.3% decrease over the $468,250 median sale price for the same period of the previous year. There were two homes sold in Tangerine in October 2019.

The median sales tax in Tangerine for the most recent year with available data, 2019, was $2,209, approximately 0.5% of the median home sale price for October 2020.

The following table compares Tangerine to other Orange County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Lake Butter40385.3%$772,450$555,00039.2%
Bay Hill812-33.3%$582,500$493,95017.9%
Tangerine42100%$429,500$468,250-8.3%
Maitland302236.4%$419,250$247,00069.7%
Winter Park1016457.8%$380,000$298,75027.2%
Wedgefield221822.2%$347,450$243,50042.7%
Doctor Phillips23219.5%$336,000$340,000-1.2%
Winter Garden755633.9%$334,900$270,50023.8%
Gotha712-41.7%$324,500$270,00020.2%
Windermere36339.1%$323,950$308,0005.2%
Goldenrod7616.7%$315,000$262,50020%

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