The Osceola County Florida real estate market in 2024 experienced slight shifts, reflecting a balanced yet evolving landscape. Here’s a breakdown of the key trends and highlights:
Sales and Pricing Trends
Total Properties Sold: 8,962 (down from 9,126 in 2023).
Median Sold Price: $390,998 (a slight drop from $397,000).
Property Breakdown:
6,057 single-family homes
1,924 townhouses
667 condos
Market Activity
Median Days to Sell: 38 (up from 26 in 2023).
Total Sales Volume: Over $3.9 billion (slightly lower than $4 billion in 2023).
Popular Price Range: $400,000 - $500,000 saw the highest sales activity.
Financing and Seller Insights
Cash Sales: 1,835
Financed Sales: 6,739
Sale-to-List Price Ratio: Sellers received 97.1% of the original list price, down from 97.6% in 2023.
Distressed Properties
Bank-Owned/REO Sales: 32 (compared to 42 in 2023).
Short Sales: 31 (up from just 5 in 2023).
Luxury Market
Homes Sold Over $1 Million: 188 (slightly down from 191 in 2023).
Top Sale: A stunning 10,000+ sq. ft. home in the exclusive Reunion Resort community, sold for $6,725,000.
View Property Details: https://patrickhomeseller.kw.com/property/501-MUIRFIELD-LOOP-REUNION-FL-34747/1910214194465408
Looking Ahead
Osceola County’s real estate market showcased resilience in 2024, despite minor declines in sales volume and median prices. With strong activity in the $400,000 - $500,000 price range and a steady luxury market, Osceola remains a desirable location for buyers and investors alike.
Stay tuned for more updates as we monitor market trends in 2025! Whether you’re buying, selling, or investing, understanding these insights can help you navigate the market with confidence.