Windemere experienced its greatest year to year quarter growth in MLS history. What stands out the most is not the over 20% increase in all important metrics but the fact that over 100 less homes sold and closed in 2022 1^st quarter than 2021 1^st quarter.  No one wants to leave Windermere and the lack of available buildable lots is causing a severe shortage of available inventory. Driving up prices and $/ft to heights never experienced.

The phone calls have quieted slightly over the last 2 weeks since rates spiked up, gas prices became absurd, and nonstop media onslaught of the war in Ukraine. After doing this at the highest level for over 26 years, I can state that the weeks after spring break and before Easter are notoriously quiet before the storm. What interests me is that the last time we had record spikes and then an over 1% spike in interest rates right before the spring buying season was 2007… we know how that ended.

Not saying we are there by any means, but I do feel it is something that should be spotlighted.

Windermere will continue to outpace the national and most local markets due to its location, gated estates, priceless mature oak trees, and of course the famed Butler Chain of Lakes. With inventory at the lowest it has been in my career, prices will continue to climb in the coming months. 17 homes closed and funded over $2,000,000, 2 over 5m.