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Real Estate Market Report For St. Cloud Florida June 2023

Real Estate Market Report For St. Cloud Florida June 2023

Saint Cloud FL Real Estate Market Transactions For June 2023

Prepare to be informed as Jeanine Corcoran and Kristin Macari reveal their crafted market report. Join the audience of the renowned Discover St. Cloud Florida podcast as they eagerly await the 63rd episode, brimming with invaluable insights into the current state of the St. Cloud real estate market. Don't miss out on this extraordinary opportunity to delve into the intricacies of the local property landscape.

This is the latest report giving all the real estate transactions in St. Cloud, Florida for June 2023. With great anticipation, Jeanine Corcoran and Kristin Macari are poised to unveil an analysis, customized for the unique characteristics of St. Cloud. Make sure to tune in to the eagerly awaited 63rd episode of the esteemed Discover St. Cloud Florida podcast, where a wealth of invaluable insights awaits.

Video Podcast Of Real Estate Transactions In St. Cloud Florida For The Month Of June 2023

Both Jeanine and Kristin get right to the meat of the real estate transactions that took place in Saint Cloud Florida during the month of June 2023. Jeanine started the podcast with the busiest zip code in Saint Cloud Florida for homes sold. In June, there were 188 homes sold. There were 66 single-story homes that sold at $246.69 price per square foot. Fifty-two of the homes sold were two-story homes at an average price per square foot of $198.48.

Comparing June to May, the total average is up 2.9%. Last month it was $219 and this month in June it is $225.45. Then, comparing June 2023 to June 2022, the market is only down about $1.00 per square foot compared to last year. So, pretty much flat to last year.

The median days to contract is 32. That does not include new construction sales, only resales. The days to close is 62. So, 32 days to get to contract and another 30 days to close. There are currently 248 homes in zip code 34771 in MLS listed for sale with a two months’ supply of inventory. The median days on the market for active homes is 54.

St. Cloud FL Homes Sold In Zip Code 34772

Jeanine then moved to Saint Cloud zip code 34772 where there were 64 homes that sold in June 2023. Forty-eight of them were single-story homes at an average price per square foot of $237.58. There were 16 two-story homes that sold at an average price per square foot of $196.96.

Kristin added that the month-over-month market averages were up 7.4%. In May, it was $211.86 and in June, the average price per square foot was $227.42. Comparing the year to date in 2023 versus the same time frame in 2022, the market is up 4.0%.

The median days to contract for the homes that did sell is 16. Zip code 34772 is a strong section of the Saint Cloud market right now. The median days to close is 49. There are currently 135 active properties on the market which represents a 2.1 months’ supply of homes. The median days on the market are 38.

Now, the total number of homes sold in Saint Cloud FL zip code 34769 was 35 in June. Thirty-two of those that sold were single-story homes at an average price per square foot of $242.69. There were 3 two-story homes that sold at an average price per square foot of $198.64.

The overall average price per square foot was $238.91 Comparing the month-over-month numbers, the market is down 4.5%. Comparing the year-to-date numbers versus the same time last year, the market is up 1.0%.

Real Estate Transactions In Harmony Florida For June 2023

The current median days to contract is 9 and the median days to close is 54. There are currently 44 active homes on the market with a 1.3 months’ supply. The median days on the market are 32. This zip code seems to have homes with more in that sweet spot as far as the selling price and they are moving quickly.

In zip code 34773 which represents Harmony Florida, there were 9 homes that sold. In Harmony Main, there were 2 single-story homes that sold at an average price per square foot of $220.46. There were 5 two-story homes that sold at an average price per square foot of $182.24. In Harmony West, there were 2 two-story homes that sold at an average price per square foot of $176.72.

The month-over-month average was a slight decline of .5% and the year-to-date number versus the same time last year is down 7.7%. The median days to contract is 34 and 74 days to close. There are 43 active homes on the market and a 5.4 month’s supply of inventory which represents a more balanced market. The median days on the market are 68.

Vacant Land Parcels Sold In Saint Cloud FL in June 2023

Jeanine then covered the vacant land for sale in Saint Cloud FL. There were 12 parcels of land that sold in June. One large parcel of land sold for $2.6M, representing 20.6 acres of land in the zip code 34771 and Ashton Woods is the builder. Jeanine said I wonder what they are going to build.

Kristin said she feels the buyers are getting more of a choice of homes now that prices have come down a little. Jeanine added that she thinks sellers are catching on a little bit and getting educated by realtors on the reality of the current market.

We are confident that the extensive evaluation offered by Jeanine and Kristin concerning the real estate market report for St. Cloud, Florida in June 2023 has provided you with valuable perspective. As a dynamic duo, their mission is to deliver the most up-to-date trends, statistics, and advancements in the ever-evolving housing market of Saint Cloud.

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