Homes for Sale in Minneola FL and Market Update January 2020
Minneola FL is located just North of Clermont FL with 84 "livability" score out of 100 according to Lake and Sumter Style. Minneola is a lot more than rolling hills, golf courses, and beautiful lakes! If you've been a resident of Lake and Sumter counties or have visited the area on a regular basis, you can see the tremendous growth. Some of the great additions have been the dog park, new schools, restaurants, and the South Lake Trail.
It's no surprise many homebuyers have Minneola on their list when it's time to go house hunting. With great demand and a low inventory of homes for sale, it's best to start your search now rather than later.
Minneola FL homeowners thinking about selling as well as buyers looking to purchase a home in would benefit from knowing what the Real Estate market is doing month to month, year to date. For instance, were you aware that Minneola FL home prices have increased month after month since the beginning of 2018? Or that new home construction continues to be strong in Minneola FL?
If you are currently renting a home in Minneola/Clermont area, I would encourage you to follow the market as well as interest rates, your mortgage payment might be lower than the rent you are paying.
As of February 24, 2020, there are 64 Active listings(not including the homes in 55+ Adult Communities) with a price range of $245,000 to $2,199,900. It's important to note that the inventory of homes listed under $300,000 is low and the demand for these homes is very high. Sooner you start your search, lower you will pay for your next home.
It is not unusual to see multiple offers on homes that are listed under $250,000, it's best to be prepared and have a winning strategy.
Here's what Minneola FL real estate market did for the month of January 2020;
The data below was taken directly from the Multiple Listing System for the “34715” zip code and for Single Family Homes and doesn’t include the homes in 55+ Adult Communities;
-Total Number of Sales-23
-Price Range- $169,700-$499,000
-Median Sale Price- $269,900
-Median days on market-36
-Sold to list price ratio- 97.8%
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. Do you know what your Minneola FL home is worth in today's market?
Whether you’re a buyer looking for a home in Clermont, Minneola, Winter Garden or Windermere FL or a homeowner thinking about selling, I would love the opportunity to speak with you. Call or text me at 407-929-1852, email bethatalay@gmail.com or visit www.WhereToLiveInOrlando.com
Homes for Sale in Minneola FL and Market Update January 2020
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