Windermere Market Report
2nd Quarter of 2020
Thank you for taking minutes to read the Ron the Realtor Windermere Real Estate Report. Breaking down the Windermere real estate market in a way not found anywhere else on the internet. With deep analysis and boots on the ground accounts from Windermere resident, 4th in the history of closed sales in Orange County, and #1 Remax Realtor in State of Florida 3 consecutive years running.
The 2nd quarter was like one never seen in history. The largest employer in the entire state closed its doors, the major import business of the area (tourism) came to screeching halt, the stock market took a massive blow to the chin and our government leaders issued stay at home, shelter in place orders for a significant portion of the 2nd quarter.
Yet Windermere still outpaced the local and national markets, with massive jumps in average sale price jumping over $700,000 and breaking the $200 a foot price for the first time EVER. Doing so with a record low inventory and a drop in units closed of an unheard of 50% from 2019 2nd qtr
732,826
56
203.48
465,000
2020 2nd Qtr comparison VS 2019
842,886
65
212.93
530,000
RTR BREAKDOWN
Windermere crushed it in all major categories, record low inventory and the massive influx of out of town buyers from higher-priced markets is pushing values upward quicker than I have seen since 2005/2006. Windermere is a very unique market with its high concentration of man guard gated estate communities, in today’s insane environment where protestors are encouraged, organized and funded… many are really seeing the importance of the manned guard gate and are willing to pay more to get behind one. There were 5 homes sold in the 2nd quarter for over 2.5 M and one broke 5m in Isleworth. I forsee this trend scaling upward in 3rd quarter to even larger units sold in the 3 to 5m range behind these manned gates.
If you are contemplating a sale NOW is the time, 5 weeks left of summer, record low-interest rates, the stock market has rebounded nicely and the November election is still in the balance. Who is the president has never had a larger impact on the luxury real estate market in my 25-year career.
Call RTR today to discuss his proven worldwide market strategy to get your family top dollar, drama-free 407 592 7653.
"Thank you for taking the time out of your day to gain some insight on the local Windermere market that my family personally calls home. I am so blessed to have helped so many families spanning over 2 decades in the area. Earning the #1 Remax Realtor in the entire State of Florida a third consecutive year, voted the Best of Southwest Realtor for FIVE CONSECUTIVE YEARS and named to the Orlando Magazines HOT 100 for the 14th year in a row. I just want to thank everyone in the RTR army for allowing me the honor to represent and fight for your family. Thanks to your confidence in my abilities I am able to be one of the very few that can say I love what I do every day.
God Bless our troops overseas and the families they leave behind. I will never forget that FREEDOM IS NEVER FREE. My family thanks you for your sacrifice."
THE HARDER YOU WORK, THE LUCKIER YOU GET
Past Quarterly Reports
