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Windermere

2nd QTR 2024

Welcome to the only place on the web that breaks down Windermere Florida 34786 real estate market to this level each and every quarter for well over the past 2 decades. All the data here is derived from the ORRA MLS and deemed reliable. It has been analyzed by longtime Windermere resident Ron the Realtor. Ron is the #1 Remax Realtor in the entire State of Florida for SIX YEARS and is currently number 5 in closed volume HISTORY for Orange County in the entire ORRA MLS.
Thank you for taking a few minutes to read the Ron the Realtor Windermere 2 nd quarter Market Year in Review. RTR provides a quarterly report and a full-blown end of the year in review report to anyone that wants to read it. No subscription, no registration of our email… anyone can read it, even competing Realtors…who does that?
Ron has always believed, knowledge is power.
Lets dive into this…

2nd Quarter 2024 Windermere Highlights

1,173,976

Average Sale Price
NIL
Increase

40

Average Days on Market
15
Decrease

329.53

ave $/ft
1
Increase

WINDERMERE 2nd Qtr 2024

Windermere 2nd Qtr 2023

Interesting data this quarter. While the average sale price was flat, what sticks out is that 39 less units were closed in 2024, that’s a 17% drop for 34786. In 2023 we experienced a 6% spike in average sale price from 202 in spite of the fastest spike in interest rates in our country… Always found that interesting.
Since Windermeres multifamily is of little impact to its overall market lets jump right to the single family sector…

Single Family Market

Lets get over to the single-family breakdown since multifamily is such a small portion of the 34786 landscape.

WINDERMERE SINGLE FAMILY 2nd QTR 2024

1,396,990

Average Sale Price
4
Increase

42

Average Days on Market
16
Decrease

349.97

ave $/ft
3
Increase

Windermere 2nd Qtr SINGLE FAMILY 2024

2nd Qtr 2023 Windermere Single Family

Thank you for taking time out of your day to become an expert of the Windermere real estate market. It is a market like no other in the area and every time I do these reports, it amazes me what this data tells me.
What we are dealing with now is a classic supply and demand 101 economic model in 34786.
Average sale price continues to climb… With an average sale price kissing 1.4m a 4% increase is truly a significant number…. 70k , just fyi. Average $/ft is now $350 and days on market has improved 8 days year to year !
All of this with a 22% drop in closed sales.  The real winner seems to be Keenes Point with  $10,500,000 and $9,600,000 closed sales in 2nd quarter of 2024… These numbers have never been seen behind the gates of KP and have always been reserved for Isleworth.
Another huge take away is last year there were 87 homes to close over 2m , in 2024 only 68 properties closed over 2m.

RTRs BREAKDOWN

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