Clermont FL Homes for Sale and Market Update May 2017
May 2017 was a hot month for Clermont FL with single family home sales.
Homes that are priced under $250,000 are selling fast, most with multiple offers within three days of coming on the market. If you are a home buyer looking for an affordable home, do not take time to sleep on it. Guess what? Savvy buyers are writing clean offers, some with no contingencies. It's challenging to compete with cash buyers who are not only offering more than asking but with no contingencies and working with the sellers on the closing dates. If you are a home buyer with a USDA or a VA loan, you might have to put in several offers before one gets accepted but don't give up, working with a knowledgeable agent who is going to work hard for you.
With five months of 2017 behind us, I am happy to report Single Family Home sales continue to be strong for Clermont FL. Months of January and February are typically slow for home sales but not to worry, based on multiple listing system(MLS), there was a total of 65 single family home sales in the month of February 2017(four down from January 2017).
Whether you are looking for a lake front home, home on an acreage, an affordable home or an estate home, Clermont FL is a gem to call home. For those who don't want to shovel snow, making The Sunshine state home even if it's as part-time residents is a great option.
If buying or selling a home in Clermont FL is in your future, knowing how the market is doing from month to month will serve you well, so come back often and check www.WhereToLiveInOrlando.com for latest inventory.
Below information was taken from our local Multiple Listing System(MLS) for "34711" zip code only for single family homes and do not include homes that are in 55+ Adult Communities;
To see a list of all the homes for sale in Clermont FL, you may follow this link.
Let’s take a look at Clermont FL Single Family Home Sales for the month of May 2017;
-Total Number of Sales-103
-Price Range- $112,000-$885,000
-Average sale price $263,221
-Average days on market-59
-Sale price to list price ratio was 98.1%
Clermont FL Single Family Home Sales for April 2017
-Total Number of Sales-88
-Price Range- $100,000-$520,000
-Average sale price $251,304
-Average days on market-72
-Sale price to list price ratio was 98.1%
When compared to 2016, Clermont FL home prices have increased while the number of sales declined. Inventory of homes that are priced under $250,000 is low with a high demand.
Many homeowners who have been waiting to sell their Clermont FL homes can finally take that step as home prices continue to increase. New home construction continues to be strong in Clermont FL as well with starting prices at low $200,000's.
As of June 2, 2017, there is a total of 268 homes for sale in Clermont FL with a price range of $95,000 to $2,350,000.00.
If you are a Clermont FL home buyer looking for an affordable home priced up to $250,000, according to MLS, you have 45 homes to choose from.
Do you know what your Clermont FL home is worth? It might be more than you think. To find out the value of your home, follow this link.
Although a number of Short Sales and REO listings are lower than 2016, there are still distressed sales in the area which may affect the value of the neighborhoods. However, home values have been increasing regardless of the Short Sale and REO properties on the market and vary month to month.
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 me at 407-929-1852 or visit www.WhereToLiveInOrlando.com
Clermont FL Homes for Sale and Market Update May 2017
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