Kissimmee Real Estate Statistics, May 2024 by Sun National Title Company.
As of 2024, the real estate market in Kissimmee, Florida, continues to display resilience and dynamism, driven by various factors such as population growth, economic stability, and its proximity to major attractions like Walt Disney World Resort and Universal Studios. Let's delve into the latest statistics that shed light on the current state of the Kissimmee real estate market:
Median Home Prices: The median home price in Kissimmee remains robust, reflecting steady appreciation over the past year. As of 2024, the median home price stands at approximately $362,588, remaining flat compared to the previous year. This trend underscores the desirability and value of properties within the Kissimmee area, given the market.
Inventory Levels: Inventory levels in Kissimmee have fluctuated in response to market dynamics and buyer demand. While inventory may vary by neighborhood and property type, overall, Kissimmee continues to experience a competitive market with limited inventory. This scarcity of available homes has contributed to a seller's market, empowering homeowners to command favorable terms and prices for their properties. There are 3787 Homes for Sale in may 2024 a 3.4% rise from the previous month.
Days on Market: The average number of days that properties remain on the market in Kissimmee is 62 days, compared to 53 days the month before. These fluctuations are influenced by factors such as seasonality and buyer preferences. However, the general trend indicates a relatively quick turnover, with well-priced and desirable homes often receiving multiple offers within a short timeframe. This trend underscores the high demand for housing in the Kissimmee area.
Sales Volume: Despite fluctuations in market conditions, sales volume in Kissimmee has remained robust, with transactions occurring across various price points and property types. From single-family homes to condominiums and vacation rentals, there is a diverse range of properties available to cater to the needs and preferences of buyers. The steady sales volume reflects the enduring appeal of Kissimmee as a desirable destination for both primary residence seekers and investors.
Overall, the Kissimmee real estate market in 2024 reflects a balance of supply and demand, with opportunities available for buyers, sellers, and investors alike. Whether you're looking to purchase a primary residence, invest in a vacation rental property, or sell your home, staying informed about the latest market statistics and trends is essential for making informed decisions in this dynamic market.
If you have any Real Estate or Title Company questions please reach out your trusted Title Resource at Sun National Title Company at
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