Real Estate Market Report For St. Cloud Florida June 2023

Saint Cloud FL Real Estate Market Transactions For June2023

Prepare to be informed as Jeanine Corcoran and Kristin Macarireveal their crafted market report. Join the audience of therenowned Discover St. Cloud Florida podcast as they eagerly awaitthe 63rd episode, brimming with invaluable insights into thecurrent state of the St. Cloud real estate market. Don't missout on this extraordinary opportunity to delve into the intricaciesof the local property landscape.

This is the latest report giving all the real estatetransactions in St. Cloud, Florida for June 2023. With greatanticipation, Jeanine Corcoran and Kristin Macari are poised tounveil an analysis, customized for the unique characteristics ofSt. Cloud. Make sure to tune in to the eagerly awaited 63rd episodeof the esteemed Discover St. Cloud Florida podcast, where a wealthof invaluable insights awaits.

Video Podcast Of RealEstate Transactions In St. Cloud Florida For The Month Of June2023

Both Jeanine and Kristin get right to the meat of the realestate transactions that took place in Saint Cloud Florida duringthe month of June 2023. Jeanine started the podcast with thebusiest zip code in Saint Cloud Florida for homes sold. In June,there were 188 homes sold. There were 66 single-story homes thatsold at $246.69 price per square foot. Fifty-two of the homes soldwere two-story homes at an average price per square foot of$198.48.

Comparing June to May, the total average is up 2.9%. Last monthit was $219 and this month in June it is $225.45. Then, comparingJune 2023 to June 2022, the market is only down about $1.00 persquare foot compared to last year. So, pretty much flat to lastyear.

The median days to contract is 32. That does not include newconstruction sales, only resales. The days to close is 62. So, 32days to get to contract and another 30 days to close. There arecurrently 248 homes in zip code 34771 in MLS listed for sale with atwo months’ supply of inventory. The median days on themarket for active homes is 54.

St. Cloud FL Homes Sold In Zip Code 34772

Jeanine then moved to Saint Cloud zip code 34772 where therewere 64 homes that sold in June 2023. Forty-eight of them weresingle-story homes at an average price per square foot of $237.58.There were 16 two-story homes that sold at an average price persquare foot of $196.96.

Kristin added that the month-over-month market averages were up7.4%. In May, it was $211.86 and in June, the average price persquare foot was $227.42. Comparing the year to date in 2023 versusthe same time frame in 2022, the market is up 4.0%.

The median days to contract for the homes that did sell is 16.Zip code 34772 is a strong section of the Saint Cloud market rightnow. The median days to close is 49. There are currently 135 activeproperties on the market which represents a 2.1 months’supply of homes. The median days on the market are 38.

Now, the total number of homes sold in Saint Cloud FL zip code34769 was 35 in June. Thirty-two of those that sold weresingle-story homes at an average price per square foot of $242.69.There were 3 two-story homes that sold at an average price persquare foot of $198.64.

The overall average price per square foot was $238.91 Comparingthe month-over-month numbers, the market is down 4.5%. Comparingthe year-to-date numbers versus the same time last year, the marketis up 1.0%.

Real Estate Transactions In Harmony Florida For June2023

The current median days to contract is 9 and the median days toclose is 54. There are currently 44 active homes on the market witha 1.3 months’ supply. The median days on the market are 32.This zip code seems to have homes with more in that sweet spot asfar as the selling price and they are moving quickly.

In zip code 34773 which represents Harmony Florida, there were 9homes that sold. In Harmony Main, there were 2 single-story homesthat sold at an average price per square foot of $220.46. Therewere 5 two-story homes that sold at an average price per squarefoot of $182.24. In Harmony West, there were 2 two-story homes thatsold at an average price per square foot of $176.72.

The month-over-month average was a slight decline of .5% and theyear-to-date number versus the same time last year is down 7.7%.The median days to contract is 34 and 74 days to close. There are43 active homes on the market and a 5.4 month’s supply ofinventory which represents a more balanced market. The median dayson the market are 68.

Vacant Land Parcels Sold In Saint Cloud FL in June2023

Jeanine then covered the vacant land for sale in Saint Cloud FL.There were 12 parcels of land that sold in June. One large parcelof land sold for $2.6M, representing 20.6 acres of land in the zipcode 34771 and Ashton Woods is the builder. Jeanine said I wonderwhat they are going to build.

Kristin said she feels the buyers are getting more of a choiceof homes now that prices have come down a little. Jeanine addedthat she thinks sellers are catching on a little bit and gettingeducated by realtors on the reality of the current market.

We are confident that the extensive evaluation offered byJeanine and Kristin concerning the real estate market report forSt. Cloud, Florida in June 2023 has provided you with valuableperspective. As a dynamic duo, their mission is to deliver the mostup-to-date trends, statistics, and advancements in theever-evolving housing market of Saint Cloud.