Estimated Read Time: 5-7 minutes
Quick Summary: In this update, we explore Celebration’s real estate market trends from October, including a balanced market overview, seller and buyer insights, and some of the best single-family home deals available. With inventory levels up and homes selling close to asking prices, now is an exciting time for both buyers and sellers in Celebration.
Welcome to the latest update on Celebration’s real estate market!
Whether you're a potential buyer, seller, or just curious about the current market trends, this article will give you all the insights you need.
We’re diving into everything from market conditions to the best deals available right now. So grab a cup of coffee and let’s get into what’s happening in Celebration’s real estate scene! 
Celebration October Market Overview: Snapshot of Current Market Conditions
As we roll through November, Celebration’s real estate market has some interesting trends from October that are worth chatting about. Right now, Celebration is looking like a balanced market with a bit of an edge for sellers. The Months Supply of Inventory is at 4.32 months, which means there’s a decent amount of homes available, creating just enough competition among buyers without being overwhelming. In other words, if everything continues as it is, it would take about 4.32 months to sell all the available homes. That’s a pretty balanced scenario, but sellers do have a slight advantage.
Celebration Market Trends & Insights
Homeowner & Seller Insights
- Price Expectation: With a List to Sold Price Percentage of 98.8%, homes are selling really close to their asking prices. If you’re thinking of selling, you can feel pretty confident about pricing your home competitively—you’re likely to get offers near or at your list price.
- Inventory Changes: The 12-Month Change in Months of Inventory has gone up by +57.09%, which means there are more homes available compared to last year. For sellers, this means buyers have more choices, so it’s important to highlight what makes your home special to stand out from the crowd.
- Selling Time: The Median Days on Market is 48. Homes are selling in a reasonable amount of time, so if you’re a seller, it’s key to make sure your home’s appeal is front and center right from the start to attract serious buyers.
Buyer Insights
- Quick Action Needed: Homes are on the market for an average of 48 days, which means if you’re looking to buy, you need to move quickly. Even though the market is balanced, the well-priced homes are not sticking around for too long.
- Budget Realistically: With the Median Sold Price at $769,500, it’s important to set your budget accordingly and be ready to negotiate close to the asking price. Getting pre-approved can really give you a leg up in the negotiation process.
FAQs: What You Need to Know
- Q: Is now a good time to buy in Celebration?
A: Absolutely! Celebration’s balanced market, with a slight seller’s edge, means there are homes available, but you’ve got to be ready to act fast.
- Q: How competitive is the market?
A: Homes are selling close to their asking prices and staying on the market for about 48 days, so it’s competitive but definitely manageable.
- Q: Should I price my home at market value?
A: Yes! With the List to Sold Price at 98.8%, pricing your home competitively is the best way to attract offers that are close to what you want.
Celebration Neighborhood Breakdown: Where Are the Best Deals?
If you’re on the hunt for some of the best deals in Celebration, here are a few single-family homes that really stand out:
- 1126 Tapestry Dr - Priced at $899,900, this property is going for $319.57 per square foot, giving you a nice mix of space and value.
- 1114 Rush St - Listed at $1,299,000 with $322.01 per square foot, this home offers plenty of room at a fair price per square foot.
- 114 Eastpark Dr - At $949,000 and $323.34 per square foot, this home in North Village is a fantastic value in a great neighborhood.
These single-family homes are solid opportunities for buyers who want spacious properties at competitive prices. Whether you’re looking for charm, community vibes, or a big backyard, these deals are definitely worth a closer look.
Final Thoughts
Looking at all these real estate market metrics, there are some really interesting trends that could mean great opportunities for both buyers and sellers. If you’re thinking about buying or selling in Celebration, don’t hesitate to reach out to The Original Kissimmee REALTOR®, Jury Hernandez. I’m here to guide you with all the market insights and insider tips you need. Whether you’re ready to sell a unique property or find your dream home, let’s navigate Celebration’s dynamic market together!
