Ron the Realtor has closed more home sales volume over the last 10 years on ORRA MLS than any other Realtor in all of America! This is the only place on the internet to get solid, accurate housing data of the sold properties registered on the Orlando Regional Realtors Association/ Mid FLorida MLS.
The 3rd quarter of 2016 has come to a close and I wanted to provide you with not only the REAL market data of closed sales in Winter Garden, Fl 34787…. but wanted to provide insight and analysis for you.
Here is the breakdown of tabulated stats for Homes sold January 1/2015 to September 30, 2015 recorded on Orlando MLS. This is only SINGLE FAMILY residences, no multifamily, commercial, vacant land, condominiums or townhomes. Just single family homes regardless of lot size, type of sale, square footage, bedroom count, etc…. just raw data….
2015 first 3 quarters closed sales zipcode 34787
| Status: Sold (876) | |||||||||||||
| Beds | Baths | SqFt Heated | List Price | LP/SqFt | Close Price | SP/SqFt | DTC | DTCL | ADOM | CDOM | SP/LP Ratio | ||
| Min | 2 | 1 | $23,000 | $24.15 | $23,000 | $24.64 | -318 | -25 | .66 | ||||
| Max | 7 | 7 | 10,907 | $1,449,000 | $305.63 | $1,600,000 | $337.48 | 621 | 743 | 496 | 617 | 1.83 | |
| Avg | 4 | 3 | 2,679 | $324,960 | $120.82 | $317,330 | $118.09 | 74 | 117 | 69 | 78 | .98 | |
| Median | 4 | 3 | 2,583 | $307,995 | $120.70 | $300,000 | $117.22 | 49 | 97 | 47 | 50 | .98 | |
Below are the tabulated results for Winter Garden 34787 for first 3 quarters of 2016…
|
Status: Sold (992) |
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| Beds | Baths | SqFt Heated | List Price | LP/SqFt | Close Price | SP/SqFt | DTC | DTCL | ADOM | CDOM | SP/LP Ratio | ||
| Min | 2 | 1 | 572 | $25,000 | $22.42 | $25,000 | $27.17 | -273 | -132 | .71 | |||
| Max | 8 | 10 | 7,573 | $2,490,000 | $335.17 | $2,050,000 | $275.95 | 1,326 | 1,023 | 1,325 | 1,412 | 1.57 | |
| Avg | 4 | 3 | 2,710 | $352,140 | $130.01 | $342,468 | $126.57 | 71 | 118 | 72 | 81 | .98 | |
| Median | 4 | 3 | 2,610 | $319,949 | $127.01 | $315,000 | $123.85 | 37 | 89 | 37 | 41 | .98 | |
As predicted at beginning of the year Winter Garden, Fl 34787 has outpaced the national and even local Central Florida market yet again, with double digit closed sales growth, 13.25% increase from 2015 to 2016 in closed sales.
More importantly, Winter Garden, Fl 34787 has exceeded the national and Central Florida current pricing appreciation.. with zipcode 34787 witnessing a 7.18% increase in average sales appreciation….which is more accurate than the median calculations sued at national and even local levels… the data is so large it would be difficult to calculate from average instead of median at the higher levels.
WINTER GARDEN broke the $2,000,000 ceiling ! with a closed sale on Deer Island for $2,050,000 this year !
Winter Garden continues to expand at record levels, its ideal location less than 20 minutes from Downtown Orlando and having the States Largest employer (DISNEY) in it’s back yard lends itself to this high demand.
Horizons West community encompassing the south section of the zip code has seen tremendous demand, with new home community villages opening almost on a monthly basis it appears. In the end Horizons West will have over 40,000 homes and millions of square feet of retail, commercial and medical real estate. New schools are already being zoned and the new High school will be complete in Fall of 2017.
Horizons West is not the only iron in the fire, Hartwood Marsh Road is seeing the same type of building boom on the NW corner of the zip code. With what seems like every foot of shore line on Famed Johns Lake being developed with high end communities.
Then, of course, we can also attribute the rise in value on the revitalization of historic Winter Garden / Plant St. This area could be one of the biggest real estate success stories in the entire State of Florida. With demand for property surrounding the commercial district at levels I have never seen in my 2 decades of selling the area. Downtown Winter Garden offers unique shopping and restaurant choices for it’s residents. golf cart communities with brick paver streets and community events like none other in the area.
The weekly farmers market held every Saturday brings thousands to the area, the semi-annual car show is a massive hit, the flower/ garden show in the spring, the Winter Garden annual art festival and the entire street is lit up for Christmas time…. all great events for the area.
Winter Garden will continue to grow in demand and with it property values will also increase and outpace the local areas.
From an investor standpoint, the lack of major apartment complexes provides a unique opportunity to have an endless stream of solid rental income NOT FOUND ANYWHERE ELSE IN CENTRAL FLORIDA. With not only the States Largest employer in the backyard, the new Florida Hospital just opened and all the new commercial in the area, there seems to be an endless supply of willing and able tenants.
Winter Garden offers it all, and still at an affordable price. If thinking of buying a new home or if you want to start an investment portfolio call Ron the Realtor today.
Not only has Ron sold more homes than anyone in the zip code over last 10 years, Ron has the knowledge to ensure you are getting the best buy for your money. Not only today but for resale down the road.
If buying new construction, Ron has negotiated over 20k in ADDITIONAL incentives for his buyers with the builders.. when you sell as many homes in one area, you build up relationships, with those relationships come opportunities…. if you are thinking of buying in the area, I have no idea why you would not take advantage of the 2 decades of experience, knowledge, and connections Ron the Realtor has to offer?
Call anytime with any questions… no such thing as after hours.
