Homes for Sale in Clermont FL and Market Update for November 2018
Are home prices increasing in Clermont FL? Is it a good time to sell or buy a home? Should I wait until after the holidays to list my house? Where are the buyers coming from?
If you are a Clermont FL homeowner thinking about selling or a buyer searching for your home, you would benefit from watching the market closely to make the right decisions at the right time. There’s so much noise out there when it comes to the real estate market, most of the numbers you see are on a national level. I would caution you when you read the news when it comes to real estate unless it’s coming from a local, experienced professional. Real estate is local, comparing different cities or states isn’t going to give you a clear picture of what’s really happening in the local market.
With that said, let’s take a look at the Clermont FL real estate market.
Below data was taken from Multiple Listing System and does not include the sales that were not entered into MLS. Data also does not include homes located in the 55+ Adult communities.
November 2018 Real Estate Market Update for Clermont FL 34711;
-Number of Listings Came on the Market-63
-Price range of all listings-$164,900-$1,717,100
-Number of Pending Listings-115
-Number of Sales-74
-Price Range of all SOLD homes-$100,000-$585,000
-Median Days on Market-28
-Median Sale Price-$293,000
-Sale Price to List Price Ratio-98.5%
Compared to November 2018, the number of listings increased as well as sold home prices, days on market were under 30 days.
Let’s take a look at the first 21 days of October 2018;
-Number of Listings Came on the Market-58
-Price range of all listings-$135,000-$1,195,000
-Number of Pending Listings-57
-Number of Sales-40
-Price Range of all SOLD homes-$120,000-$535,000
-Median Days on Market-39
-Median Sale Price-$268,000
-Sale Price to List Price Ratio-97.3%
As you could see, there’s a total of 57 homes under contract between October 1-October 21, 2018. For the same time period in September, pending sales were 24. There’s definitely an increase in the inventory and longer marketing period than summer months.
If you are looking to buy a home in Clermont FL, here’s the market snapshot as of December 5, 2018;
-Number of Listings-221
-Price range of all listings-$120,000-$2,450,000
Out of 221 active listings, one is an REO, one Short Sale, all others are arms length/standard listings. There’s a total of 21 new construction listings in MLS.
This information is specific to Clermont FL 34711 zip code. Numbers clearly show homes are selling regardless of what you may hear or read. We still see multiple offers, cash buyers, homes that go under contract within days of listing. To get a home SOLD for the most money in the least amount of time takes knowledge, expertise, and work. A strong online presence with professional photos certainly attributes to a successful marketing.
If you are a Clermont homeowner thinking about selling your house, I would love the opportunity to speak with you. Call/text 407-929-1852 to schedule a time for a consultation. Let me show you what your house is worth in today’s market and how we can market it for an outcome that would be acceptable.
Thinking about buying a home in the Central FL area? Whether you're a Floridian or moving to Florida, home buying should be a great experience. Together, we can achieve that. Call or text me at 407-929-1852, email bethatalay@gmail.com or visit www.WhereToLiveInOrlando.com
Homes for Sale in Clermont FL and Market Update for November 2018
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