Saint Cloud's Real Estate Recap: Year-End Review & 2024 Predictions | Discover St Cloud FL Ep 74

Saint Cloud's Real Estate Recap: Year-End Review& 2024 Predictions

Join Kristin Macari and host Jeanine Corcoran of CorcoranConnect, a distinguished real estate firm, in the latest episode of"Discover Saint Cloud, Florida." Delve into the year-endreal estate market trends for 2023 as Jeanine navigates through theinsights.

As the duo analyzes the statistics, fascinating trends emerge inSaint Cloud's real estate landscape. The year 2023 witnesseddynamic shifts, especially after a serene period from September toDecember.

Video Podcast Showing December / Year end 2023 RealEstate Market Statistics For St. Cloud

Exploring the historic downtown area, 34769, witnessed 18 homeschanging hands in December, indicating a slight month-over-monthdip. However, the market remains robust, supported by creativemortgage deals and a 3.4-month supply.

Venturing into 34771, the Narcoossee corridor, a thriving regionwith 78 properties sold, reveals an impressive 3.6%month-over-month increase and a substantial 10.3% year-over-yeargrowth.

In 34772, where 56 homes found new owners, market stability isevident, with a 2.5% month-over-month increase and a consistent 1%year-over-year growth.

Turning attention to the tranquil 34773, 14 homes found buyers,reflecting a minor decrease. Yet, with a median of 89 days tocontract, the market remains favorable for both buyers andsellers.

Concluding the year-end review, 34773 witnessed 162 homes sold,emphasizing the significance of quality over quantity in building aunique community.

As 2024 unfolds, anticipations include shifts in interest ratesand a dynamic real estate landscape. Stay connected for regularupdates, insights, and enchanting discoveries in the heart of SaintCloud!