4th Quarter 2017 Summary
Windermere Market Report
Welcome to the only place on the internet to become an expert in the Windermere market in less than 5 minutes from the Top REMAX REALTOR in the entire State of Florida, Ron the Realtor. Ron has been selling homes in the Windermere area for 2 decades and for last 12 years has called Windermere his families home.
Windermere offers an ideal location right in between the nightlife of Dr. Phillips Restaurant row and all the new Winter Garden development. Minutes from Disney, International Drive and a 20-minute commute to downtown. The area enjoys some of the most treasured lands in Central Florida… the famed Butler Chain of Lakes, which shoreline is graced with some of the nicest homes in the State. In fact, it is home to Americas LARGEST HOME at just under 100,000 heated ft being built by Real Estate mogul David Seigel. Windermere offers numerous gated communities, mature oak tree-lined streets, “A” rated schools, their own police force and quiet small town feel that is still intact today.
Below is a break down of data derived directly from the ORRA MLS in easy to follow charts.
The Windermere market started the 4th quarter dealing with the aftermath of Hurricane Irma. 251 total closed sales, 195 of them were single family residences.
If this is your first time reading this report, welcome… I always break the numbers down into 2 different ways, the total zip code of closed sales and then just the single-family market by itself.
Here is how the 4th quarter numbers landed:
4th Quarter ONLY single family Windermere Fl 34786 closed sales
As you noticed in the highlights at the top the 4th quarter saw an aggressive 5% jump in average sale price and this, in turn, brought a 3% jump in $/ square foot on closed sales … this is very strong news and data for Windermere.
HIGHEST SOLD HOME IN THE 4TH QUARTER
5180 VARDON DR IN ISLEWORTH, 11,340 SQ FT!
3rd Quarter Only single family Windermere, Fl 34786 closed sales
What does all this mean? Demand to live in Windermere is still at an all-time high. The average sale price of a single-family home is $712,400 and 195 of them closed in the 4th quarter alone. The average days on market regressed to an additional 7 days from 3rd quarter but the entire industry shut down practically for 2 weeks when Hurricane Irma ran through so this will show a huge spike on the plus side in the 1st quarter of 2018, I am confident.
Check out the end of year report for a deeper look into the Windermere Market and what 2018 has in store for this charming town.
Curious what the current market value of your home is, hit contact Ron and find out.
The Harder you work, the Luckier you Get!