Take a Moment to Read how the Windermere Real Estate Market is performing

Windermere

2nd QTR 2023

Welcome to the only place on the web that breaks down Windermere Florida 34786 real estate market to this level each and every quarter for well over the past 2 decades. All the data here is derived from the ORRA MLS and deemed reliable. It has been analyzed by longtime Windermere resident Ron the Realtor. Ron is the #1 Remax Realtor in the entire State of Florida for SIX CONSECUTIVE YEARS and is currently number 5 in closed volume HISTORY for Orange County in the entire ORRA MLS.

Thank you for taking a few minutes to read the Ron the Realtor Windermere 2 nd quarter Market Year in Review. RTR provides a quarterly report and a full-blown end of the year in review report to anyone that wants to read it. No subscription, no registration of our email… anyone can read it, even competing Realtors…who does that?

Ron has always believed, knowledge is power.

2nd Quarter 2023 Winter Garden Highlights

1,172,075

Average Sale Price

Increase

46

Average Days on Market

Improvement

325.81

ave $/ft

4.5

Increase

2nd QTR 2023 Windermere
Windermere Single Family

2nd Quarter 2023 Windermere

2nd Quarter 2022 Winderemere

Windermere market refuses to slow and is the text book definition Location, location , location as the predominant factor when it comes to buying real estate.

While neighboring Winter Garden to the West experienced its first flat year to year quarter… Windermere STILL jumped another 6% from 2022 2^nd quarter. What really should resonate is that the AVERAGE sale price is well over $1,000,000 so every % point is significant $$$$.

Single Family Market

As we do every year lets dive even deeper and focus on the single family market which is a true representation of 34786.

2nd Quarter 2023 Windermere Single-Family Housing Market

1,334,674

Average Sale Price

Increase

51

Average Days on Market

Increase

340.75

ave $/ft

Increase

2nd Qtr 2023 Windermere Single Family

2nd Qtr 2022 Windermere Single Family

RTR SUMMARY

Windermere continues to be a place people want to call home. Flying past $1.3m average sale price and quickly approaching $350 / ft, while most local and national markets are pumping the brakes, Windermere is continuing its upward trajectory.

6 Estates closed over $5m , another 28 over $2m, and 87 homes closed with over a million dollar price tag in the 2nd quarter of 2023.

The Windermere market is not as sensitive to interest rate increases, with a large portion of the transactions occurring as all cash.

Another important factor that I have discussed for decades is the lack of buildable land left in 34786. When buying in Windermere the buyers are expecting to buy resale. The new homes that are being built are experiencing 2 to 4-year build times in this current environment. High net-worth buyers moving from other states to the area are not looking to wait that long to buy a new home, so are going after amazing resale estates to move right in.

Since covid has made work from home more possible than ever, eliminating previous commute requirements… many buyers that would have been attracted to the Winter Park area close to Downtown Orlando have increased their searches and demand on the local Windermere market as well.

Luxury Market

The Windermere real estate market continues to be strong and prices are higher than ever before.

If you want to call Windermere your home, you are not alone… RTRs family has called Windermere their home for almost 2 decades. It costs your family nothing to have RTR guide you through all the options Windermere has to offer.

Thinking of Selling, no one has a larger global reach for your home than REMAX. RTR is the Number 1 REMAX Realtor in the entire state the last 6 consecutive years… call to discuss your current market value.

Thank you for taking time to become an expert of the Windermere real estate market. As always God Bless our troops serving overseas and the families they have left behind. I will never forget FREEDOM IS NEVER FREE.