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Windermere

1st QTR 2023

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 almost 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 CONSECUTIVE 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 1st quarter Market Year in Review. As RTR has been doing for the last 18 years… he 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.

Must preface this report by stating we had one of the highest recorded sales in the history of the zip code in the 1st Qtr of 2023…. $35,000,000 behind the manned gates of Isleworth. This sale if included in the quarterly report will skew the data metrics way out of reality. I made a decision to share the data with and without it.  This really helps show how much impact one entry makes, especially in a market like Windermere where there are not many units sold as it is.  Also, a perfect example why valuation models like a Zestimate are always wrong and you should rely on an area expert for your information and analysis.

This report will exclude that amazing sale so we can concentrate on accurate metric data for accurate forecasting.

1st Quarter 2023 Winter Garden Highlights

1,098,899

Average Sale Price
18
Increase

49

Average Days on Market
60
Improvement

347.47

ave $/ft
21
Increase

1st Quarter 2023 Windermere

1st Quarter 2023 Windermere without 35m closing

1st Quarter 2022 Winderemere

Windermere continues to outpace even the hottest of local markets. It is a place people want to live and call home. It is the area relocating buyers mention the most when they call to discuss their relocation with me. Out of town buyers notoriously pay top dollar.
What is fascinating is that last year Windemere experienced 20% increase in average sale price… now in 2023 that number again rose another 18% (33% if you include the 35m sale). This is truly remarkable !
You can easily go back in this site and see that in 2021 we experienced 18% to… so in 3 years Windermere compounded their apprecation 18%, 20% then 18% …  which translates to an over $400,000 increase over 3 years in average sale price !!!!!!
The Windermere market has such a small data pool but it is still important to separate the single family from multifamily sales.
Single Family Market
Every Quarter we dive even deeper and focus just on single family home data, you will not find this info anywhere else on the internet in this easy to follow platform.

1st Quarter 2023 Windermere Single-Family Housing Market

1,343,932

Average Sale Price
21
Increase

51

Average Days on Market
52
Increase

344.39

ave $/ft
16
Increase

1st Qtr 2023 Windermere Single Family

1st Qtr 2023 Windermere Single Family 35m closing

1st Qtr 2022 Windermere Single Family

When you remove the multifamily we truly get a real sense of the Windermere Market and what is going on.  Just removing those 36 multifamily sales creates an additional $250,000 in the average sale price!

Windermere is averaging over $1.3M sale price and approaching $350 a foot average !!!!

Over 50% of the closed units sold over the 1m price point, 20 of those over 2m.

Top closings other than the 35m beast were two in Keenes Pointe Mid 4m and mid 5m price points.

RTR SUMMARY

Luxury Market

So What's

Going On

RTR

NOW is the Time to

Call Me List Your Home Buy A Home Tell Your Family About RTR 🙂

Past Quarterly Reports

RTR 2023 Windermere Real Estate Year In Review

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Windermere 2023 4th Quarter Real Estate Market Report by RTR

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