Welcome to the only place on the internet to become an expert of the Windermere market in less than 5 minutes from the Top REMAX REALTOR in the entire State of Florida, Ron the Realtor. Ron has been selling homes in the Windermere area for 2 decades and for last 12 years has called Windermere his families home.
Windermere offers an ideal location right in between the nightlife of Dr. Phillips Restaurant row and all the new Winter Garden development. Minutes from Disney, International Drive and a 20-minute commute to downtown. The area enjoys some of the most treasured lands in Central Florida… the famed Butler Chain of Lakes, which shoreline is graced with some of the nicest homes in the State. In fact, it is home to Americas LARGEST HOME at just under 100,000 heated ft being built by Real Estate mogul David Seigel. Windermere offers numerous gated communities, mature oak tree-lined streets, “A” rated schools, their own police force and quiet small town feel that is still intact today.
Below is a break down of data derived directly from the ORRA MLS in easy to follow charts.
Highest sold in the 3rd quarter. $3,800,000 in Keenes Pointe Community
9241 Tibet Pointe Circle 9,200 sq ft on Butler Chain of Lakes.
The year to year growth in property values has been remarkable and outpacing the national and even local surrounding markets (except Winter Garden to its West). What is really interesting is that the average sold square footage went up per home sold… over 200 a foot .. usually larger homes sell for slightly less than smaller sq ft homes, the land it sits on is worth similar value in the same area.
What happened in the last 12 months is really remarkable , because as a real estate expert or a novice you can easily assume that bigger homes will sell for more money… That would explain the WHOPPING $88,000 increase in average closed price… and $23,000 in median closed sale price….
What really is remarkable is while the size of the home has jumped, the average $/ft jumped too, a staggering $11.07 a foot…. ! Approximately 5% jump in average sale price with a 6-7% jump in sold square footage.
If you are a long time reader of this quarterly publication, it has been discussed for several years how the Winter Garden development has been alluring qualified buyers west at a steady pace. This 3rd quarter was really no different , the new High School opened its doors driving high demand to south Winter Garden and SW Windermere communities.
What does all this mean? Windermere sold an d closed 184 homes in 2016 3rd qtr, 187 2017 3rd qtr, the property values have risen well over 12% in the 12 month period and days on market has fallen by almost an entire week. The average sale price in Windermere is almost $700,000 and sales are strong.
The year in review is 3 months away and Ron will break down the entire calendar year over last 3 years in one place.
Thinking of calling Windermere home, call Ron the Realtor for advice on the best communities Windermere has to offer.
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407 592 SOLD