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Saint Cloud FL Real Estate Market Report July 2024 | Discover St Cloud Florida Podcast Episode 80. Corcoran Connect presents another episode of Discover Saint Cloud Florida Podcast, hosted by Kristin Macari and Jeanine Corcoran, broker for Corcoran Connect. This episode dives into the July 2024 market report for Saint Cloud, revealing a robust local market that appears unfazed by national trends suggesting a slowdown. Market Analysis by Zip Code: 34769 (Downtown Saint Cloud): The downtown area saw 31 homes sold, with single-story homes averaging $247.39 per square foot and two-story homes at $188.53. The median days to contract increased slightly to 23 days, while days to close remained steady at 69 days. Inventory is starting to rise, with 77 active listings pushing the supply to 2.5 months. 34771: This area boasted 70 homes sold, with single-story homes averaging a significant $270.21 per square foot and two-story homes at $213.45. Notably, the month-over-month increase for single-story homes was a substantial 9.3%, while the year-over-year increase was an impressive 10%. The median days to contract reached 63 days, and days to close took slightly longer at 100 days. Currently, there's a 4.6-month supply of homes with 322 active listings, reflecting the ongoing development boom. 34772 (The Manor): The Manor area saw 52 homes sold, with single-story homes averaging $239.72 per square foot and two-story homes at $197.21. The market remained relatively stable month-over-month, with a minimal decrease of 0.1% in average price. Year-over-year, there was a slight increase of 2.89%. The median days to contract were 48 days, and days to close were 88 days. This area boasts a healthy supply of homes with 4.6 months of inventory and 238 active listings. 34773: This area closed on 31 homes, with single-story homes averaging $221.96 per square foot and two-story homes at $183.70. Similar to the other areas, July saw a positive month-over-month increase of 2.2% in average price. The year-over-year increase was even more impressive at nearly 13% (12.69%). The median days to contract reached 66 days, and days to close were 109 days. There are currently 98 active listings, translating to a 3-month supply of homes. Vacant Land and Harmony Market: The report also explores vacant land sales, noting ten parcels sold, primarily with cash purchases. The discussion then shifts to Harmony, highlighting sales in Harmony Main, Harmony West, and Harmony Central. Notably, new townhomes in Harmony West saw brisk sales at an average price of $219.65 per square foot. Local Market Resilience: The episode concludes with a surprising revelation. While national headlines suggest a significant slowdown in housing sales across the country, Saint Cloud's market appears unfazed. Kristin and Jeanine discuss the abundance of inventory as a possible factor and acknowledge the potential impact of rising interest rates, particularly in Florida due to factors like higher insurance costs. Call to Action: The episode emphasizes the importance of consulting local real estate agents for accurate market insights. Unlike national trends, Saint Cloud's market shows continued stability and growth. Contact Corcoran Connect today to learn more about the Saint Cloud market. Contact Information: Email: [email address removed] Phone: 1-844-STCLOUD Subscribe and Stay Informed: Don't miss future episodes of Discover Saint Cloud Florida! Subscribe on your favorite podcast platform and follow Corcoran Connect on YouTube, Instagram, Facebook, and LinkedIn for the latest market updates and insights. Corcoran Connect 1426 S Narcoossee Rd Saint Cloud FL 34771 407-953-9118 https://www.google.com/maps/place/Cor... • Discover Local Saint Cloud Florida Podcast #MarketReport #July2024 #HousingPrices #InventoryLevels #DaysToContract #DaysToClose #HometownHeroes #CorcoranConnect #DiscoverSaintCloud #YourRealEstateConcierge #realestateconcierge