The Clermont real estate market has seen some significant trends over the past year. Whether you’re looking to buy or sell a home, understanding the current market conditions can help you make more informed decisions. Below is a snapshot of the September 2024 market data for single-family homes in Clermont:
- Closed Sales: 77 (down 13% from last year)
- Median Sale Price: $525,000 (up 8.2% year-over-year)
- Dollar Volume: $40.5 Million (down 11% from last year)
- Active Inventory: 290 (up 44% from a year ago)
- New Listings: 92 (a slight decrease of 2.1%)
- New Pending Sales: 80 (down 3.6% from last year)
What Do These Numbers Mean?
The Clermont market is currently offering a mix of opportunities for both buyers and sellers. With a notable increase in active inventory (up 44% from last year), buyers have more options to choose from. However, the market is still showing strength in terms of price appreciation, with the median sale price rising 8.2% to $525,000. This is a sign that demand remains robust, despite a slight cooling in overall sales volume.
If you’re a buyer, the larger inventory could mean you have more leverage in negotiations, and if you’re a seller, the increasing prices are in your favor. However, with closed sales down 13% year-over-year, it’s crucial to price your home competitively if you want to attract serious buyers in this environment.
What’s Next for Clermont?
Given the increase in active inventory and slight decrease in new listings, the market may be starting to balance out after a period of high demand and limited supply. For both buyers and sellers, this represents a key moment to make well-informed decisions. The key takeaway is that the market remains dynamic, and working with an experienced real estate professional can help ensure you’re getting the best deal, whether you’re buying or selling.
Let’s Work Together!
If you’re considering buying or selling a home in the Clermont area, I’m here to provide expert guidance. As a local real estate expert, I can help you navigate the market, answer your questions, and ensure you make the best possible decision for your future.
📞 Contact me at 407-340-6447 or visit klinkous.kw.com to learn more about how I can assist you.