Housing Market Statistics For Saint Cloud Florida Real Estate Market
Real estate market report for St. Cloud Florida July 2023. Get ready to receive a dose of enlightenment as Jeanine Corcoran and Kristin Macari unveil their expertly curated market analysis. Tune in to the avid listeners of the esteemed Discover St. Cloud Florida podcast as they present the housing market statistics during the 65th episode.
It is packed with priceless revelations about the present condition of the real estate market in St. Cloud. Seize this occasion to explore the nuances of the regional property scene and ensure you don't let this chance slip by.
Video Podcast Of St. Cloud FL Real Estate Market Overview
Presenting the freshest update encompassing St. Cloud, Florida's real estate deals in July 2023. With keen excitement, Jeanine Corcoran and Kristin Macari stand ready to disclose a tailored examination, perfectly attuned to St. Cloud's distinct traits.
Don't forget to tune into the 65th installment of the prestigious Discover St. Cloud Florida broadcast, featuring a trove of priceless revelations. Receive crucial details about the present status of the regional property arena. Seize this chance to remain well-informed and well-versed.
Housing Market Statistics For St. Cloud FL Zip Code 34769
Jeanine kicked off the Saint Cloud FL market report with July 2023 statistics. She leads off with St. Cloud zip code 34769. There were 28 single-family homes that were sold and 26 of them were single stories as this is the downtown area. The average price per square foot came was $235.15. The two 2-story homes that sold had an average price per square foot of $143.82.
Kristin added that the total average price per square foot was $228.63 and that is down compared to last month by 4.3%. It is down versus this time last year by 2.4%. The median days to contract was 29 and the days to close was 69. Currently, there are 63 active homes on the market, which gives us a 2.3 months supply of inventory.
Jeanine moved to St. Cloud FL zip code 34771 which covers the Narcoossee area. There was a total of 72 homes that sold. 32 of those homes were single-story homes that had an average price per square foot of $257.71. The remaining 40 homes that sold were two-story homes at an average price per square foot of $194.66.
Kristin then gave the total average price per square foot which was $222.68 which is down 1.2% versus last month. It is down 4.2% when compared to the same time last year. The median days to contract was 21 and the median days to close was 64. These numbers exclude new builds because they always skew the numbers. The total number of active homes on the market is 248 which gives zip code 34771 a 3.4 months’ supply of inventory.
Market Statistics For Homes Sold In Saint Cloud FL Zip Code 34772
Moving onto zip code 34772 in Saint Cloud Florida, there were a total of 67 homes that sold. 47 were single-story homes that had an average price per square foot of $230. The remaining 20 homes that sold were two-story homes at an average price per square foot of $184.05.
Kristin commented that the overall price per square foot was $216.30 which is down 4.9% compared to last month. Compared to the same time last year, the market is down 6.3%. The median days to contract is 23 and 59 days to close. Currently, there are 148 active homes on the market which represents a 2.2 months’ supply of inventory.
Jeanine then reported on Saint Cloud FL zip code 34773 which includes Harmony. There were 13 homes that were sold in July. There were 4 single-story homes that sold at an average price per square foot of $214. That left 9 two-story homes that sold at an average price per square foot of $175.18.
The overall price per square foot was $187.11 and is down 1.2% compared to last month. Comparing numbers to this time last year, the market is down 12.2%. The median days to contract was 31 and the median days to close is 57. There are 40 active homes on the market, which represents a 3.1 months supply.
Parcels Of Vacant Land Sales In Saint Cloud Florida For July
Vacant land sales in Saint Cloud FL were then reported by Jeanine. There were 8 parcels of land sold in July. The lowest volume sale was for $2,650 which represented 2.51 acres. The land in Suburban Estates is for recreational use only and is sometimes landlocked. The highest volume sale was on Hickory Tree Rd which was listed at $1.59M and sold for $1.25M and included 2 acres.
Jeanine then reported on homes sold in Harmony Florida for the month of July 2023. There were 7 homes that sold in July. Only one single-story home was sold, and 6 two-story homes were sold in July. There were two condos that were sold in Ashley Park, and they had an average price per square foot of $169.82. There were 4 properties that sold which were resales and they had an average price per square foot of $181.20. One property sold in The Lakes, which is a 55+ community, and the price per square foot was $213.81.
Kristin reported on Harmony West sales where there were two homes that sold. In Harmony Central, there were 6 homes that sold in July. Two of the homes sold were single-story homes at an average price per square foot of $202.01 and the remaining 4 were two-story homes which had an average price per square foot of $168.03.
Current Market Sentiment In Saint Cloud
Jeanine and Kristin then transitioned to talking about the market sentiment in St. Cloud Florida. Kristin added that buyers that are in the market to buy are still buying, and houses are still being sold. Jeanine added that there are just fewer buyers at the moment. They both felt the market will stay like this until rates change and go lower.
Jeanine stated that there is nothing wrong with calling a mortgage broker whether it is an investment or not and seeing how the numbers work. It’s only a phone call. The mortgage lenders are being creative right now and you can take advantage of that. Don’t sit on the sidelines, make a phone call and see if one of their options will work for you.
Rest assured, the comprehensive assessment delivered by Jeanine and Kristin regarding the real estate reports for St. Cloud, Florida is intended to enrich your understanding of market conditions. Operating as a synergistic pair, their goal encompasses furnishing the latest trends, figures, and innovations within the perpetually shifting Saint Cloud housing arena.
Give Corcoran Connect a call today at 1 (844) St-Cloud, we’d be happy to answer your questions.