Homes For Sale In St. Cloud FL
Are You In The Market For Homes ForSale In St. Cloud, FL?
As the year comes to an end, we get plenty of inquiries frompotential buyers who are interested in homes for sale in St. Cloud,FL.
Is it a good time to buy St. Cloud, FL real estate?
If you come prepared and you have a good real estate company toback you up, the answer is yes!
Central Florida is a seller’s market and homes for salewill always be in demand. You have to manage your expectations.There will be a lot of competition and your budget must have roomfor additional expenses.
According to one data source, home prices in St. Cloud jumped to26.8% in October 2021 compared to the same period last year. Themedian price is around $355,000. Homes for sale in St. Cloud, FLare off the market after nine days, on average, compared to lastyear’s 19 days.
Buying a home in a seller’s market is not rocket sciencebut preparation is key.
It is always important to cover the basics. Talk to a lender soyou know how much you can afford. Prepare a checklist of what youare looking for. And find a reliable and trustworthy real estateagent or broker who will guide you every step of the way.
While you can always do it on your own, having professional helpcan make a world of a difference, especially in a high-demand realestate market like Central Florida.
St Cloud, FL Real Estate ForSale: Why Is It A Hot Pick Among Buyers?
Homes for sale in St. Cloud, FL are a top choice among buyerslooking to move to the Sunshine State. And it is easy to understandwhy.
For starters, the location is ideal and strategic. It is just 30miles away from downtown Orlando and 20 miles from OrlandoInternational Airport. It is also close to world-renowned themeparks, which is always a plus for kids and kids-at-heart.
It also showcases the best of Florida’s natural wonders.There are many beautiful homes with spectacular waterfrontsettings, so you do not need to go far to enjoy this view.
It is a haven for those who enjoy the great outdoors. Residentsenjoy fishing along East Lake Tohopekaliga, golfing at Royal St.Cloud Golf Links, horse riding at any one of the local operators,or playing outside at Godwin Park.
The community is also close-knit yet diverse. There’s aplace for all residents – families, couples, youngprofessionals, or retirees.
The public school system has an excellent reputation, and localeconomic growth is also evident in the booming industries thatdrive job development.
St. Cloud offers the best of a small-town culture and theconveniences of a modern lifestyle. The restaurantscene features an array of diverse cuisines. The local shops tellthe story of the town’s rich and colorful history. It is thisunique and incomparable experience that draws would-be residents tothis beautiful community.
Did You Know?
- Single-family detached homes arethe most common housing type. It accounts for almost 72% of thehousing units in St. Cloud.
- St. Cloud homes are some of thenewest in the country. More than 47% of the houses were built in2000.
- St. Cloud real estate appreciated148.05% over the last 10 years, which is one of the highest ratesin the country. This bodes well for home buyers and propertyinvestors.
- In terms of demographics, St.Cloud has a mixed workforce of both white- and blue-collarjobs.
What To Expect: Local Real Estate In2022
According to some experts, home prices inOrlando are expected to continue to climb next year. This meansthat St. Cloud homes for sale will likely follow this trend.
In Metro Orlando, home prices went up 19% year-over-year inSeptember, based on a report by a property data firm. The same firmforecasted a conservative 1.9% increase in home prices betweenSeptember 2021 and September 2022.
Meanwhile, the Federal National Mortgage Association aka FannieMae predicted a higher increase at 7.9% between the fourth quarterof this year and the same period in 2022. Home demand may“cool” compared to this year’s frenzy, butconstruction constraints will continue to drive prices up,according to its chief economist in an October report.
According to the Orlando Regional Realtor Association, localhome sales “fell month-on-month for the third straight inSeptember.” The sales dropped 5% while the median price wentdown to $318,000 from $320,000.
Does this mean Central Florida is no longer a seller’smarket?
Not necessarily. The residential real estate sector continues tobe a boon for sellers, even as home sales and prices appear to haveslowed.
These real estate trends will contribute to helping youdecide whether to buy a new home for sale in St. Cloud, Florida. Itis also indicative of the local economy’s overall health. Infact, the National Association of Realtors estimates that everyhome sale in the region has a $90,300 economic impact.
Saint Cloud, FL Real Estate Agency
Corcoran Connect is a trusted real estate agency in Central Florida foundedand led by veteran broker Jeanine Corcoran.
Jeanine and her team of real estate agents have extensive andproven experience in the region. In addition to St. Cloud, theywork with buyers and sellers in prime communities like Harmony,Lake Nona, Mount Dora, Orlando, and of course, St. Cloud.
The team caters to a diverse range of clients – from thosewho are looking for homes for sale in St. Cloud, FL with a pool tothose who prefer single-family homes for sale, whether in or out ofSt. Cloud.
Their services are not limited to home buying or selling. Theyalso assist clients with virtual staging, appraisal services, andmortgage loans. They also work with clients who want to go intocommercial real estate, including property and rentalmanagement.
If you are after top-caliber St. Cloud, Florida real estateagents who are willing to go above and beyond, give them a call at407-953-9118. Corcoran Connect is renowned for itstimely, honest, and adaptable service. But don’t just takeour word for it. Check out the client testimonials here.
You can also visit our official YouTube channel for free expert insights.