St. Cloud Florida Housing Market Report For January 2022

St. Cloud Florida Housing Market Report For January2022 Presented By Jeanine Corcoran

She is the broker of Corcoran Connect, a real estatecompany. Jeanine is joined by her co-host Kristin Macari owner ofStudio Nine 13. Welcome to the 11th episode of Discover St. CloudFlorida where we will cover the St. Cloud Florida housing marketreport for January.

Kristin led off by asking Jeanine what happened in the real estate market in St. Cloud in January?Jeanine replied that for single-family homes in the month ofJanuary there were 138 homes that sold.

In the zip code 34769, there were 32 homes that sold. In zipcode 34771 there were 63 homes that sold and in 34772 there were 32homes sold. And in zip code 34773, there were 11 homes that sold.The lowest-priced home that sold had 2 bedrooms and 1 bathroom thatwas a little over 1,000 sq. ft. This home sold for $139K. the priceper square foot was $132. View video source.

The highest-priced home that sold in St. Cloud, Florida had 4bedrooms and 3 bathrooms and had 2,636 sq. ft. This home sold for$849,900. The price per square foot was $322. In January 2021 thenumber of homes that sold was 139 versus January 2022 where 138homes were sold. Both Jeanine and Kristin said while the number ofhomes that sold was roughly the same, it just feels different thisyear, like a completely different market.

The Number Of Homes For Sale In St. Cloud Florida IsOutnumbered By The Buyers Wanting A Home

Kristin said that the buyers outnumber the number of homes forsale. Jeanine stated that it is a challenging market for thebuyers, and she said, “We feel your pain”. Shecontinued that there are different strategies to help with that.For example, as there are multiple offers on each home it could bewinning a bid.

Jeanine has been in the real estate market since 2005 and thecurrent market conditions are new for her as well. She has to stayon top of everything, keeping up with the experts and what theysuggest doing in certain circumstances. Jeanine cautioned buyers tonot ask for “closing costs” in this current market.

Kristin shared that she and her husband have been looking for ahome to buy in Harmony for 18 months. They finally gave in andended up buying a new construction home that was already underconstruction. The original deal fell through with the originalbuyer and they were lucky enough to find it.

Kristin had reached out to Jones Homes as they were getting kindof desperate as they were 6 months out from their current leasebeing up. She said that they have the pulse on the market here inHarmony and they felt like it wasn’t about to change any timesoon.

Corcoran Connect Will Do A Comparative MarketAnalysis For Your Home In St. Cloud FL

Jeanine added that when looking online on automated websiteslike Zillow she cautioned people that these sites are not accurate.She let the audience know that Corcoran Connect doesCMA’s or comparative market analysis of homes. Feel free togive us a call and we’d be happy to do one for free for yourhome.

Kristin stated that if anyone has any questions on the greaterSt. Cloud area and what houses are selling for or if you need somehelp with trying to buy a home, give us a call and we’d behappy to give you some free advice.

Jeanine then reported on vacant land sales for January 2002.Seventeen vacant lots sold this past month. The lowest sale pricewas $6K for 1.52 acres and it is not buildable. The highest pricethat sold was $410K for 2.35 acres.

Kristin added that you can build more houses, but youcan’t make more land and from an investor's point ofview, a lot of them are investing in the purchase of land for thisvery reason. There are 105 active listings currently in St. Cloudand only 20 active listings in Lake Nona as a comparison.

If you have other topics for St. Cloud real estate you wouldlike us to cover, we would love to hear from you. If you have anysubjects to do with Saint Cloud that you would like us to cover onour podcast, feel free to share them with us.

We Want To Hear From You For More Topics To Cover OnDiscover St. Cloud Florida

We hope you enjoyed Jeanine and Kristin walking you through theSt. Cloud Florida housing market reports for January 2022. We wantto keep you up to date with what is happening in the real estatemarket in St. Cloud so you can make informed decisions for yourreal estate needs.