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Saint Cloud's Real Estate Recap: Year-End Review & 2024 Predictions | Discover St Cloud FL Ep 74

Saint Cloud's Real Estate Recap: Year-End Review & 2024 Predictions

Join Kristin Macari and host Jeanine Corcoran of Corcoran Connect, a distinguished real estate firm, in the latest episode of "Discover Saint Cloud, Florida." Delve into the year-end real estate market trends for 2023 as Jeanine navigates through the insights.

As the duo analyzes the statistics, fascinating trends emerge in Saint Cloud's real estate landscape. The year 2023 witnessed dynamic shifts, especially after a serene period from September to December.

 

Video Podcast Showing December / Year end 2023 Real Estate Market Statistics For St. Cloud

 

Exploring the historic downtown area, 34769, witnessed 18 homes changing hands in December, indicating a slight month-over-month dip. However, the market remains robust, supported by creative mortgage deals and a 3.4-month supply.

Venturing into 34771, the Narcoossee corridor, a thriving region with 78 properties sold, reveals an impressive 3.6% month-over-month increase and a substantial 10.3% year-over-year growth.

In 34772, where 56 homes found new owners, market stability is evident, with a 2.5% month-over-month increase and a consistent 1% year-over-year growth.

Turning attention to the tranquil 34773, 14 homes found buyers, reflecting a minor decrease. Yet, with a median of 89 days to contract, the market remains favorable for both buyers and sellers.

Concluding the year-end review, 34773 witnessed 162 homes sold, emphasizing the significance of quality over quantity in building a unique community.

As 2024 unfolds, anticipations include shifts in interest rates and a dynamic real estate landscape. Stay connected for regular updates, insights, and enchanting discoveries in the heart of Saint Cloud!
 

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