Minneola FL Single Family Homes for Sale and Market Update June 2015
Minneola FL homeowners thinking about selling as well as buyers looking to purchase a home in
Minneola FL would benefit from knowing what the Real Estate market is doing month to month, and year to date. For instance, were you aware that Minneola FL home prices have increased month after month since the beginning of 2015. Or that new home construction continues to be strong in Minneola FL?
Let’s take a look at home sales in Minneola FL for the month of June 2015;
As of July 31, 2015, there are 54(2 down from May 2015) Active listings with a price range of $72,000 to $1,299,000. I feel it important to note that the inventory of homes listed under $200,000 is still very low while the demand for these homes remains very high. Overall, home prices have increased compared to same time period in 2014, however, overall inventory of homes has declined.
The data below was taken directly from the Multiple Listing System for the “34715” zip code;
-Total Number of Sales-38(20 up from May 2015)
-Price Range- $84,000 to $335,500
-Median days on market 35(15 up from May 2015)
-List price to sale price ratio was 97.2%(1.2% up from May 2015)
6 of the 38 sales were REO/Bank Owned proprties, 2 were Short Sale listings. While the number of Short Sales and REO listings are low, there are still distressed sales in the area which may affect the value of the neighborhoods. However, thus far, home values have been increasing regardless of the Short Sale and REO properties on the market and vary month to month.
Many homeowners who have been waiting to sell their homes can finally take that step. Remember, homes that are priced well and show well do go under contract fast.
To see a list of all the homes for sale in Minneola FL, you may follow this link.
Whether you’re a buyer looking for a home in Clermont, Minneola, Groveland, Winter Garden or Windermere FL, or a homeowner thinking about selling, I would love the opportunity to speak with you. Call me at 407-929-1852 or visit www.WhereToLiveInOrlando.com
Minneola FL Single Family Homes for Sale and Market Update June 2015
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