Hello Homeowners, Home Buyers, and Home Sellers!
Welcome to our detailed update on the Kissimmee real estate market. As a real estate professional with years of experience, I’m excited to provide you with valuable insights that will help you navigate the current market trends, whether you’re looking to buy, sell, or simply stay informed.
The Current Market Landscape in Kissimmee
Imagine strolling through the charming streets of Kissimmee, where the pastel hues of the sunset paint the sky, the sound of children playing in the parks fills the air, and the aroma of fresh blooms creates a warm and inviting atmosphere. Kissimmee's real estate market is as dynamic and vibrant as the community itself.
In recent months, we’ve noticed significant shifts in the market. With the new school year around the corner, the market is showing signs of increased activity. Let's explore the current trends and what they mean for you. 
Key Housing Market Statistics Based on the Last 30 Days
Active Listings and Inventory in Kissimmee
- Active Homes: 1,776
- New Listings (Last 30 Days): 475
- Price Adjustments (Last 30 Days): 893 homes reduced prices by an average of 6.44%
Kissimmee Market Absorption Rate
- Absorption Rate: 11.8 (down from 12.33)
- The market is showing significant changes with increased inventory and a slowing sales rate, similar to the gentle ebb and flow of a tide, creating a balanced market where both buyers and sellers have opportunities to negotiate.
Trends for Kissimmee Home Sellers
If you’re considering selling your home in Kissimmee, now is a good time to understand the value your home brings in terms of size, location, and condition. Here are some insights:
Selling Statistics
- Pending Homes (Last 30 Days): 431
- Back on Market (Last 30 Days): 72
- Sold Homes (Last 30 Days): 354
- Median Sales Price: $390,000
Seller Insights
- Average Sale-to-List Price: 98%
- Price per Square Foot:
| Single Story: $213.31
| Two Story: $192.80
- Seller Credits: Private homeowners gave an average credit of $9,901.
- Average Days to Get an Offer Accepted: 35
Trends for Kissimmee Home Buyers
For home buyers, the Kissimmee market offers a range of opportunities, from new listings to potential price reductions. Here’s what you need to know:
Buyer Composition
- Cash Buyers: 19.44%
- Conventional Loans: 44.79%
- FHA Loans: 27.04%
- Financed buyers are leading the way, so ensure your finances are in order to make a competitive offer.
Opportunities
Seller Credits on Average: $12K+
- Down payment Assistance Programs Available: These can help you make your dream of homeownership a reality.
- Navigating Home Prices & Inventory by Zip Code: Where Are the Opportunities?
Zip Code Breakdowns
- 34741: Active Homes: 82 | Median Sold: $348,500
- 34743: Active Homes: 53 | Median Sold: $385,000
- 34744: Active Homes: 189 | Median Sold: $435,000
- 34746: Active Homes: 435 | Median Sold: $425,000
- 34747: Active Homes: 417 | Median Sold: $590,000
- 35758: Active Homes: 207 | Median Sold: $356,000
- 34759: Active Homes: 411 | Median Sold: $301,499
Tips for Buyers and Sellers
For Sellers
- Realistic Pricing: Base your listing price on solid market data to attract serious buyers and avoid lengthy negotiations.
- Market-Ready Homes: Ensure your property is well-maintained and staged to appeal to potential buyers.
- Flexible Negotiation: Be open to negotiations, as buyers are more informed and selective.
For Buyers
- Financial Preparation: Get pre-approved for a mortgage to strengthen your buying position.
- Explore Assistance Programs: Look into down payment assistance programs to ease the financial burden.
- Act Quickly: Homes in desirable areas sell fast, so be ready to make a competitive offer when you find the right property.
Next Steps in Your Real Estate Journey
Ready to make your move in the Kissimmee real estate market? Whether you’re looking to buy your dream home, sell your current property, or simply need expert advice, we’re here to help. Schedule your free consultation today and take the first step towards achieving your real estate goals.
Stay tuned for more updates and feel free to reach out with any questions. Your real estate journey in Kissimmee starts here!
