Another month is in the books, and the fall slowdown finally hit last month. We typically see a bit of a slowdown toward the end of August, but things just kept right on moving into September. The slower sales did not really impact Winter Park too much. In September we saw fewer sales with 42 compared with 56 in August. Prices were only slightly lower with a median sales price of $164,000 compared with August's $166,000. The average sales price really jumped up on a handful of very large sales. The average sales price for September was $324,202 compared with August's $224,672. The number of homes that sold for more than $500,000 was 11 while five homes sold for over $1,000,000.

The time on market took a big jump, but was mostly effected by a few  listings that had been on the market a very long time, one nearly 1,000 days. In September the average time for a home to go under contract was 153 days compared with 113 in August. The median time on market takes out the effect of the outlier observations with 50% of the contracts coming within 40 days of listing in September compared with 48 days in August. The number of homes available for sale in Winter Park has continued to remain stable with 334 currently on the market compared with 337 that I found when I published August numbers. The pricing on the homes available has gone up some though. The median list price of currently available homes in Winter Park is $442,500 compared with $418,000 in August. The average list price is $741,240 compared with $722,929 in August.