Real Estate Market Report For St. Cloud Florida July 2023
Housing Market Statistics For Saint Cloud Florida RealEstate Market
Real estate market report for St. Cloud Florida July 2023. Getready to receive a dose of enlightenment as Jeanine Corcoran andKristin Macari unveil their expertly curated market analysis. Tune in to the avidlisteners of the esteemed Discover St. Cloud Florida podcast asthey present the housing market statistics during the 65thepisode.
It is packed with priceless revelations about the presentcondition of the real estate market in St. Cloud. Seize thisoccasion to explore the nuances of the regional property scene andensure you don't let this chance slip by.
Video Podcast Of St. CloudFL Real Estate Market Overview
Presenting the freshest update encompassing St. Cloud,Florida's real estate deals in July 2023. With keen excitement,Jeanine Corcoran and Kristin Macari stand ready to disclose atailored examination, perfectly attuned to St. Cloud's distincttraits.
Don't forget to tune into the 65th installment of theprestigious Discover St. Cloud Florida broadcast, featuring a troveof priceless revelations. Receive crucial details about the presentstatus of the regional property arena. Seize this chance to remainwell-informed and well-versed.
Housing Market Statistics For St. Cloud FL Zip Code34769
Jeanine kicked off the Saint Cloud FL market report with July2023 statistics. She leads off with St. Cloud zip code 34769. Therewere 28 single-family homes that were sold and 26 of them weresingle stories as this is the downtown area. The average price persquare foot came was $235.15. The two 2-story homes that sold hadan average price per square foot of $143.82.
Kristin added that the total average price per square foot was$228.63 and that is down compared to last month by 4.3%. It is downversus this time last year by 2.4%. The median days to contract was29 and the days to close was 69. Currently, there are 63 activehomes on the market, which gives us a 2.3 months supply ofinventory.
Jeanine moved to St. Cloud FL zip code 34771 which covers theNarcoossee area. There was a total of 72 homes that sold. 32 ofthose homes were single-story homes that had an average price persquare foot of $257.71. The remaining 40 homes that sold weretwo-story homes at an average price per square foot of $194.66.
Kristin then gave the total average price per square foot whichwas $222.68 which is down 1.2% versus last month. It is down 4.2%when compared to the same time last year. The median days tocontract was 21 and the median days to close was 64. These numbersexclude new builds because they always skew the numbers. The totalnumber of active homes on the market is 248 which gives zip code34771 a 3.4 months’ supply of inventory.
Market Statistics For Homes Sold In Saint Cloud FL ZipCode 34772
Moving onto zip code 34772 in Saint Cloud Florida, there were atotal of 67 homes that sold. 47 were single-story homes that had anaverage price per square foot of $230. The remaining 20 homes thatsold were two-story homes at an average price per square foot of$184.05.
Kristin commented that the overall price per square foot was$216.30 which is down 4.9% compared to last month. Compared to thesame time last year, the market is down 6.3%. The median days tocontract is 23 and 59 days to close. Currently, there are 148active homes on the market which represents a 2.2 months’supply of inventory.
Jeanine then reported on Saint Cloud FL zip code 34773 whichincludes Harmony. There were 13 homes that were sold in July. Therewere 4 single-story homes that sold at an average price per squarefoot of $214. That left 9 two-story homes that sold at an averageprice per square foot of $175.18.
The overall price per square foot was $187.11 and is down 1.2%compared to last month. Comparing numbers to this time last year,the market is down 12.2%. The median days to contract was 31 andthe median days to close is 57. There are 40 active homes on themarket, which represents a 3.1 months supply.
Parcels Of Vacant Land Sales In Saint Cloud Florida ForJuly
Vacant land sales in Saint Cloud FL were then reported byJeanine. There were 8 parcels of land sold in July. The lowestvolume sale was for $2,650 which represented 2.51 acres. The landin Suburban Estates is for recreational use only and is sometimeslandlocked. The highest volume sale was on Hickory Tree Rd whichwas listed at $1.59M and sold for $1.25M and included 2 acres.
Jeanine then reported on homes sold in Harmony Florida for themonth of July 2023. There were 7 homes that sold in July. Only onesingle-story home was sold, and 6 two-story homes were sold inJuly. There were two condos that were sold in Ashley Park, and theyhad an average price per square foot of $169.82. There were 4properties that sold which were resales and they had an averageprice per square foot of $181.20. One property sold in The Lakes,which is a 55+ community, and the price per square foot was$213.81.
Kristin reported on Harmony West sales where there were twohomes that sold. In Harmony Central, there were 6 homes that soldin July. Two of the homes sold were single-story homes at anaverage price per square foot of $202.01 and the remaining 4 weretwo-story homes which had an average price per square foot of$168.03.
Current Market Sentiment In Saint Cloud
Jeanine and Kristin then transitioned to talking about themarket sentiment in St. Cloud Florida. Kristin added that buyersthat are in the market to buy are still buying, and houses arestill being sold. Jeanine added that there are just fewer buyers atthe moment. They both felt the market will stay like this untilrates change and go lower.
Jeanine stated that there is nothing wrong with calling amortgage broker whether it is an investment or not and seeing howthe numbers work. It’s only a phone call. The mortgagelenders are being creative right now and you can take advantage ofthat. Don’t sit on the sidelines, make a phone call and seeif one of their options will work for you.
Rest assured, the comprehensive assessment delivered by Jeanineand Kristin regarding the real estate reports for St. Cloud,Florida is intended to enrich your understanding of marketconditions. Operating as a synergistic pair, their goal encompassesfurnishing the latest trends, figures, and innovations within theperpetually shifting Saint Cloud housing arena.
Give Corcoran Connect a call today at 1 (844) St-Cloud,we’d be happy to answer your questions.