2020-2021 Market Report
For most of us, our homes are the largest asset we’ll ever own—so you are right to want to understand this asset and the market you are in. As you prepare to transition, you deserve the help of an expert who understands your market. Here are the top things you need to know about the Clermont real estate market right now:
Inventory has decreased, but demand is still up.
Clermont home prices have soared. In 2019, pre-pandemic times, there were a 2117 home listed in Clermont and 1596 homes were sold – over 75% of the homes listed were sold. In 2020 there were a total of 1918 home put on the market in Clermont and 1802 homes sold – around 94% of the homes listed were sold. This past year, 2021 there were 1731 homes listed and 1669 home sold – around 97% of the homes listed were sold. The limited number of properties available and consistently high demand is a perpetual boost for sale prices, but with the guidance from a real estate expert that can price and position your home strategically, you can capture more equity.
We continue to see homes sell with multiple offers.
Correctly priced, well-marketed homes are selling at or above list price, in only a few days on market. The median sale price climbed 35% in the last 2 years, with the median home price jumping from $250,000 in 2019 to $337,278 in 2021. Median days on market remained exceptionally low as well, at 7, compared to 27 in 2019. These stats really add up when you are selling your largest financial asset. That’s why having the guidance of a real estate professional that understands how to price and market in your area is key to maximizing your returns.
Buyers are searching now and competition will only increase come spring.
I worked through the holidays with my buyers due to the extreme demand and our market is not showing any signs of slowing. This is actually a great time to list your home—buyers are serious and ready to make offers.
As a Clermont homeowner, what does this mean for you?
If you’re thinking about selling in the next 12 months, now is the time to start preparing for market.
You’ve worked hard for what you’ve earned, and you’re right to want the best experience. With ROI-based property updates, highly targeted pre-listing marketing, and a systematized approach, you can rest easy knowing you are in good hands.
If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation à352-874-5764
We will cover your goals and my unique approach to getting you the highest possible price in the fewest days on market.
Call Today → 352-874-5764
To your success!
Joe Cooper
Clermont Market Highlights
| Single-Family Home Stats | December 2020 vs. 2021 | Analysis |
| Median Sale Price | é Up 19.6% | The median sale price in Clermont is now at $337,278—up a whopping 35% in just two years. When you price correctly from day one, you can maximize offers and ultimately sell for a nice return. |
| Median Days on Market | ê Down 71% | Median days on market are exceptionally low, at 7 for the year. The current demand plays a major role, especially when compared to 2020’s statistic at 24. With the proper marketing and timing, you can generally expect to sell fast. |
| Months of Inventory | ê Down 50% | In January 2020, we had 4 months of inventory. This January, we have 2 months of inventory. Last month we only had 1. What does this mean? It means there are more buyers for homes than there are houses for sale. To get the best results, you have to know how to correctly price and position your home from the beginning. |
| Price Per Square Foot | é Up 30% | As Clermont continues to grow, space comes at a higher and higher premium, now at an average of $146/sq. ft. for the year, 30% higher than the $112 in 2020. Strategic pricing and marketing ensure your home sells for top dollar in the fewest days on market. |