A Look at Our Central Florida Real Estate Market
The Central Florida 55+ market continues to be a seller’s market, specifically in our local communities in Leesburg and Clermont. Our communities are seeing a climb, based on average sales prices and the prices per square footage of sold homes (see charts below).
Although we can’t predict what 2020 will bring, we know that the 55+ demographic tends to slow during election months. If you are thinking of selling your home and capitalizing on the current trends, it might be a good idea to make the decision in the heart of the 2020 season, which is January to April for our communities.
Here at Florida Plus Realty, we love our statistical data! The facts are in the numbers. Check out what we are seeing for Leesburg and Clermont communities specifically.
The past three years have seen improved sales statistics across the communities in Leesburg. The average sales prices and the prices per sq. ft. of sold homes demonstrate this year after year. We’ve also seen a steady reduction in the number of days on market (DOM), so homes have been selling faster as well.
We are seeing the same patterns of increased sales along with the reduction in DOM in Clermont. The Clermont communities tend to command a higher overall price, and price per sq. ft. at this point, based on their proximity to the city activity.
As we carefully watch the development of The Villages moving south into Leesburg community areas, which alongside it will bring amenities, shops, and growth, we expect to see the overall price points rise in this area over time. Look out for an “Ask the Expert” panel meeting hosted by Florida Plus Realty, where we will be inviting the planners and developers to address the public with a Q&A session.
In summary, our communities are enjoying a climb, and Florida Plus Realty holds a substantial market share in buyers coming into the area. If you check out 55Places.com, you will see one of our agents positioned to receive all the associated buyer activity into the Central Florida communities, including Leesburg, Clermont, Mount Dora, Deland, Poinciana, and other areas. This helps us ensure that our listing customers get the most exposure nationally and internationally via the web.
We are here to share our knowledge with you—whether planning for the right priced offer to buy a Florida home, or making sure your home listing price is exactly where it needs to be to meet your specific home selling goals. Give us a call, or stop by either one of our offices, in Leesburg or Clermont, for a cup of coffee and conversation!