Bardell Real Estate Logo
August Market in Minutes

August Market in Minutes

August Market in Minutes

​Welcome to this months Market in a minute. Resale activity during July 2021 is showing multiple signs that the housing market is continuing on a steady path towards normality.

Closed sales of single-family homes were down very slightly on a year-over-year basis in July, by just over 2 percent, but that’s the first time sales have been down year-over-year at the statewide level since May of 2020, near the beginning of the pandemic.

Listings of single-family homes continued to rise throughout July but this rebound in inventory will take a long time to get back to the levels we had pre-pandemic. At the end of July, there were still almost 39 percent fewer single-family listings than the year prior, and almost 59 percent fewer listings than at this point in 2019.

The number of new listings increased for the fifth straight month and with inventory rising again, price growth will begin to slow over the coming months. We will increasingly be seeing fewer properties receiving multiple bids over the coming months but for now, were still firmly entrenched in sellers market and it remains red-hot. Orlando’s median home price reached $320,000 in July 2021, continuing a six-month trend of record-setting prices.

So in summary, sales rates are trending back to what we might consider a normal level of growth. Inventory has started a trend back toward normalcy, as well but it’s going to be a long road.

Well that’s all for now but remember every market and every community is different so for the latest information make sure you speak with your Realtor here at Bardell Real Estate and I look forward to seeing you next month.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

Outdoor Resorts #404 For Sale

Outdoor Resorts #933 Just Sold!

Outdoor Resorts #933 Just Sold!

9000 US HIGHWAY 192, CLERMONT, FL

Just Sold

Presented By:

Bardell Real Estate

Bardell Real Estate
863-424-2309

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Instagram
 
Logo

$ Click for current price
2 BEDROOMS | 2 full baths BATHROOMS | 770 SqFt

Located in the popular GATED lakefront community of OUTDOOR RESORTS (55+/1 pet community), this very nice 2/2 home is located on the perimeter providing privacy when enjoying quality time outside. The outside shows the pride of ownership as soon as you pull on to the decorative driveway and see where the owners have added a covered front porch with a sunshade. Enter the home into the open living room/dining room/kitchen area and feel the spaciousness. The front living room windows also have the sunshades installed. The dining room has lots of storage and room for entertaining. Off the living room is the hallway with the closet laundry and down to the master bedroom suite and 2nd bath and bedroom. The 2nd bedroom is currently used as a combination office and guest bedroom with a futon. Continuing outside on to the rear porch overlooking the patio, you can enjoy privacy AND openness as you have no rear neighbors. This is a 2010 Oaks mobile home and the owners have given it lovingly care. The home comes completely furnished along with the bicycle. Survey map is available and all four corners of the lot have been marked. The HOA fee ($177/mo billed quarterly) pays for your water, sewer, basic cable, trash, and lawn mowing. The park offers a 9-hole chip-n-putt golf course, tennis courts, pickle ball, horseshoes, shuffleboard, kids mini-golf, access to 175 ac Lake Davenport, large AND small swimming pools, (all free) and a clubhouse with Sunday church, Bingo, card games, morning coffee, covered dish dinners, and on and on! Golf carts allowed. Less than 5 miles to the entrance of Disney. Loads of restaurants within a couple of miles. New medical ER less than a mile from ORO. Come enjoy the relaxed Florida lifestyle. We think you will LOVE it here!!

 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Winter Garden Home Sold – 4054 Rex Dr

Winter Garden Home Sold – 4054 Rex Dr

Winter Garden Home Sold – 4054 Rex Dr

4054 Rex Dr, Winter Garden, FL

Just Sold

Presented By:

Bardell Real Estate

Bardell Real Estate
863-424-2309

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Instagram
 
Logo

$ Click for current price
5 BEDROOMS | 3 full baths BATHROOMS | 3140 SqFt

DESIRABLE WINTER GARDEN LOCATION!! This is a beautiful, over 3,000 sq ft home, has a freshly painted exterior and interior and was remodeled and updated in 2017 and with almost 5 acres that are cross fenced, irrigated, with 2 barns and an aviary!! Bring your horses!! This property has been used as a mini farm by the owner with goats, horses, chickens, turkeys, and even a small cow. This home has plenty of room for your family or guests with 5 bedrooms and 3 bathrooms. The huge kitchen boasts a double oven and island. The great room is 21 x 23 and has a beautiful wood burning fireplace with future enjoyment by your family and guests!! The kitchen, dining and living room feature a large open floor plan. The home has been plank tile throughout. Nice 5 x 32 covered porch on front of home and 7 x 32 screened porch on rear of home. Great location with privacy but close to shopping, restaurants, Disney and major highways. DO NOT MISS THIS ONE!!

 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Davenport Home Sold – 722 Casterton Cir

Davenport Home Sold – 722 Casterton Cir

Davenport Home Sold – 722 Casterton Cir

722 CASTERTON CIRCLE, DAVENPORT, FL

Just Sold

$ Click for current price
4 BEDROOMS | 3 full baths BATHROOMS | 1562 SqFt

Looking for your own piece of paradise? This well designed and deceptively spacious home would make an ideal investment property or permanent residence. This 4 bedroom, 3 bathroom home is located on the perimeter of this pretty gated community of Westridge. As you enter the home into the tiled hallway which opens up into the spacious great room. A good sized refurbished kitchen with cabinets and pantry closet sits alongside the breakfast room which overlooks the private pool area. A covered lanai off the living room offers some shade from the sun. The home offers two ensuite bedrooms including a large master bedroom whose bathroom also doubles as a pool bathroom. The south facing pool area can be accessed from the master bedroom, living room and master bathroom. Owners have continued to update the home during their ownership with new roof, AC, newly resurfaced pool, pool heater, etc. T he community offers fun amenities for the owner and their guests and would make the perfect family home or vacation property being minutes away from the theme parks, I4, grocery stores and restaurants, etc. Time to enjoy the Florida lifestyle!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

June Market in a Minute

June Market in a Minute

Welcome to this months Market in a minute. We all know the housing market is booming and setting records. Median home prices in the Orlando area reached a new high in June 2021: $315,000. That is a 5% increase from the previous month and a 19% increase over June 2020, when the median home price was $265,000.

Across the state closings in June were up 24% on June last year when the rebound from pandemic started but we are seeing things revert back to a more normal level.

Our real challenge continues to be inventory. We are over 47% below inventory levels for last year, but there are signs pointing to us having reached the peak of the seller’s market.

Inventory of single-family homes had its first significant monthly increase in June since March of last year. Remember we were in a seller market before the pandemic started, but the ratio of buyers to sellers is finally starting to fall a little bit,

So, if we had more homes come to market in June why are inventory levels setting record lows – well, it’s not that we have fewer listings it’s simply a surge in demand ……we have more buyers fueled by low interest rates and people moving into the state.

Looking forward we should see the rate of home price growth cool down somewhat in the coming months, although that will also depend on interest rates and whether they start to trend higher again, as well.

Well that’s all for now but remember every market and every community is different so for the latest information make sure you speak with your Realtor here at Bardell Real Estate and I look forward to seeing you next month

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.