Quick Summary: This December 2024 market update brings a fresh, fun, and quirky twist to Kissimmee real estate insights. Estimated Read Time: 8–10 minutes
Welcome to the new and improved version of your favorite market update! It’s November’s edition, and in 2025, I’m all about having fun while keeping you informed. Real estate doesn’t have to be boring—from now on, we’re keeping it quirky, lighthearted, and inspiring. Whether you’re a buyer, seller, or just curious about the market, this update is packed with memorable stories, laugh-out-loud moments, and actionable insights. Let’s dive in!
Kissimmee Housing Market Pulse: November 2024 Insights
We interrupt this update report to bring you a quirky call to action! Thinking about buying, selling, or just chatting about real estate trends? Let’s make it happen! Book a consultation with me, and I promise to make it as fun as your favorite reality show (minus the drama). Click here to schedule – it’s easier than finding a parking spot at the theme parks!
The Kissimmee housing market was full of twists and turns in November, resembling a roller coaster at one of our beloved theme parks! Here’s the scoop:
- 1,492 homes were listed for sale, with 405 fresh listings joining the market.
- 522 homes decided to take the "sale" route, reducing their prices by an average of 6.75%. Meanwhile, 100 homes went bold and increased their prices by 5%.
- 341 homes went under contract, but like your favorite sitcom characters, 28 made a comeback to the market.
- 252 homes sold, marking the slowest month of the year, but with a median sales price of $392,992, they didn’t go out quietly.
November may have been slow, but opportunities are heating up, especially with snowbirds arriving in Kissimmee for the winter!
Comprehensive Overview of the Kissimmee Real Estate Market
Kissimmee is inching closer to a buyer’s market, and here are the numbers to prove it:
- Months of Inventory: 5.63 months, a 3.49% increase month-over-month.
- Absorption Rate: 8.40%, the lowest we’ve seen all year. This means homes are moving at a more leisurely pace than usual.
What does this mean? Buyers have more options to choose from, and sellers need to bring their A-game to stand out.
Kissimmee Home Prices: What’s Rising, What’s Falling?
Pricing adjustments were the name of the game in November:
- 522 homes lowered their asking prices, averaging a 6.75% decrease. Think of it as an early holiday sale!
- 100 homes increased their prices by 5%, likely due to standout features or prime locations.
Fun Fact: The price per square foot for a one-story home is $234.81, while two-story homes come in at $197.45, offering fantastic value if you don’t mind a few stairs.
Kissimmee Real Estate: ZIP Code Performance Breakdown
Let’s break it down by ZIP code to see how each area is holding up:
34741
- 101 homes for sale; 11 sold at a median price of $327,000.
- Median days on market: 49.
34743
- 80 active listings; 20 sold at a median price of $357,500.
- Median days on market: 41.
34744
- 262 homes for sale; 68 sold at a median price of $427,000.
- Median days on market: 33 (blink, and you might miss these!).
34746
- 424 homes available; 72 sold at an average price of $393,150.
- Median days on market: 52.
34747
- 519 homes for sale; 63 sold at an average price of $560,000.
- Median days on market: 78 (luxury takes time!).
34758
- 252 homes for sale; 40 sold at a median price of $329,895.
- Median days on market: 48.
Each area has its own quirks, so if you’re curious about where to find the best deals, let’s chat!
Finding Value: Price Per Square Foot in Kissimmee’s Housing Market
When it comes to getting the best bang for your buck, here’s what you need to know:
- One-story homes: $234.81/sq. ft. – perfect for those who prefer everything on one level.
- Two-story homes: $197.45/sq. ft. – ideal for families needing more space without breaking the bank.
Who’s Buying Homes in Kissimmee? Insights and Trends
Financing trends reveal a lot about the market:
- Conventional and FHA loans dominate the scene, showing that most buyers are financing their purchases.
- 31 homes sold for cash, proving cash buyers are a rare breed in this market.
Sellers, take note: Pricing your home right and ensuring it meets appraisal standards is crucial to attract these buyers.
Kissimmee Market Trends: Average Days on Market in 2024
The average days on market rose to 49 days, giving buyers a bit more breathing room:
- Quick movers: Well-priced homes in great condition are still flying off the shelves.
- Slower movers: Overpriced or outdated properties are lingering longer.
Pricing is like making a first impression—you’ve got to nail it!
Top Buyer and Seller Incentives in Kissimmee’s Real Estate Market
November was the month of giving, with sellers and builders offering generous incentives:
- Resale homes: Average seller credit was $9,500, perfect for closing costs or repairs.
- New construction: Builders went big with an average credit of $19,945.
For buyers, this means extra savings or upgrades, whether you’re eyeing a resale home or a brand-new build.
Kissimmee Real Estate: Resale vs. New Construction – Pros and Cons
Both options have their perks:
- Resale homes: More variety and often ready for immediate move-in.
- New construction: Builders are rolling out the red carpet with incentives, but you may have to wait for completion.
Need help deciding? Let’s talk about what’s on your wish list.
3 Expert Tips to Maximize Your Home Listing in Kissimmee
- Price It Right: Reflect market trends to attract serious buyers.
- Show Off Your Home: Invest in staging and highlight standout features.
- Offer Incentives: Sweeten the deal with closing cost credits or repair allowances.
Navigating High Interest Rates in Kissimmee: How to Find Hidden Deals
Higher interest rates don’t have to rain on your parade. Here’s how to make the most of it:
- Widen Your Search: Explore areas with higher inventory where sellers are more motivated.
- Ask for Incentives: Many sellers and builders are offering rate buy-downs to ease the financial burden.
- Think Long-Term: Focus on homes with strong resale potential—it’s worth it in the long run.
Kissimmee vs. Neighboring Markets: Key Real Estate Comparisons
Here’s a quick glance at nearby markets:
- St. Cloud: Higher prices but faster sales due to low inventory.
- Davenport: A buyer’s paradise with incredible builder incentives.
- Poinciana: Affordable price points but slower market activity.
No matter where you’re looking, I’ve got you covered.
Final Market Insights for Kissimmee Homebuyers and Sellers
Kissimmee’s market is buzzing with opportunities, whether you’re buying or selling. As snowbirds arrive, expect increased activity and potential deals. The key is staying informed and making smart decisions—that’s where I come in. Ready to explore your options?