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In the most recent Windermere Real Estate Market report by Ron the Realtor, Windermere Average closed sale price increased, in fact, it rose 3% from the 1st Quarter! Also, Windermere Median closed sale price INCREASED 17% from the 1st Quarter!

Key Market Report Take-Aways

Homes are selling almost an entire MONTH faster than just last quarter and selling at higher prices. 

In 2nd quarter 3 homes sold over $5,000,000 including the highest sale, 5536 Isleworth Country club,  that was on market an astounding 875 days !  the data still showed a 27 days improvement with this elephant on the books, Priced at $15,000,000, the seller closed at $7,189,333.

Windermere Real Estate Market Prediction

By years end we will be seeing a nice increase in average sale price from 2017. 4-5% should be expected but would not be shocked to see5.5% or even 6% by end of 4th quarter. The days on market will remain improved, we will not see another 27% improvement but I can see that days on market get shaved another 3-4 days in the 3rd quarter break down.

Look for realtors across Lake County, Orange County and Seminole take note as surrounding cities may see some potential growth like Windermere has.

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