Real Estate Transactions In Harmony FL For February 2022
Real Estate Transactions In Harmony FL For February2022 With Your Host Jeanine Corcoran
Jeanine is the broker of Corcoran Connect a real estatecompany. She is joined by her co-host Kristin Macari owner ofStudio Nine 13. Welcome to the 14th episode of Discover HarmonyFlorida.
Kristin started off by asking Jeanine what happened in the realestate market in Harmony for February? Jeanine said there were only12 homes sold last month. When you compare it to February 2021,there were 14 homes sold so not a significant differencein total sales. Jeanine did say there was a noticeable differencein the price per square foot.
Kristin then asked what did happen with the price persquare foot? Jeanine replied and said the price per square foot forall 12 properties sold was $188.13 compared to last year which was$131.76. That is a big jump in the price per square foot versuslast year.
Jeanine said In Harmony Florida, we have the condos andtownhouses, resales, custom homes, and then The Lakes which is the55 and older community. This represents the different pockets ofproperties that we have in Harmony. This is the reason we like toseparate the real estate transactions by property category, so thenumbers make sense.
In February there were no condos or townhomes that sold atall said Jeanine. In comparison, in February 2021 there were 5condos and townhomes that sold. This year we have nothing tocompare it to.
The Lakes At Harmony Florida Had A 49% In The Price PerSquare Foot Year Over Year
Jeanine went on to talk about resales and their price per squarefoot. In 2022 the price per square foot was $188.75 and last yearin February it was $140.
The Lakes had a price per square foot in February 2021of $123.21 and this year was $183.24. She said The Lakes has reallyjumped up.
Looking at the price per square foot with custom homes, thisyear in February it was $166.26, and last year $159.63. Jeaninestated that you must remember the smaller the square footage in ahome, the higher the price per square foot. For example, she said,you would not get the price per square foot on a 4,500 sq. ft. homethat you would on a 2,500 sq. ft. home.
Jeanine then moved onto Harmony West which was $197.76 price persquare foot this year and in February 2021, it was $148.30.
Jeanine then asked Kristin how does the real estate transactionsin Harmony compare to Osceola County in total? Kristin said theaverage sales price was up 21% over last year for the month ofFebruary. The average sales price last year was $341,962 andincreased to $414,127 this year.
First Time Buyers In Harmony FL Finding ItChallenging
Jeanine and Kristin were discussing how challenging it is forfirst-time buyers because it is a seller’s market. Jeaninementioned that when they covered the elementary schools on theDiscover St. Cloud Florida podcast, she saw a pattern of wherepeople were purchasing their homes. The student enrollments inHarmony and Narcoossee were going up and the others were goingdown. Everyone wants to live on the Eastside.
Kristin was commenting on how there is still a lack of houses tobuy so if people are thinking of selling, give Jeanine a call andhave a discussion on your options. The phone call is free, and sheis a wealth of information and can bring to your attention thingsyou may not currently be thinking about.
Jeanine added to that and said that there isn’t even amonth’s worth of inventory as far as homes for sale inHarmony, FL. If you are a seller, you have lots of equity in yourhome, however, you have to have a place to go.
The Enclave At Harmony Florida
Kristin is exactly having a home built at The Enclave. Jeanine sold thefirst home that was closed on and built-in The Enclave. She wantedto thank Don and Rachael who were like the ginny pigs as they werethe first residents and worked through all the things that firstresidents do in a brand new community.
We hope you enjoyed Jeanine and Kristin walking you through realestate transactions in Harmony FL for February 2022. We want tokeep you up to date with what is happening in the real estatemarket in Harmony so you can use this information to make aninformed decision regarding your real estate needs. View the videosource file here.