How’s the real estate market in Windermere FL ? Compared to 6 months ago

Windermere, FL Real Estate Market: April 2025 vs. Six Months Ago

Home Prices

• The Windermere market has seen mixed signals on pricing:

  • Median sale prices have dropped by about 8.9% over the past six months, with average sale prices down 17%—largely due to fluctuations in the luxury segment and the types of homes sold recently.

  • Median home prices reported range from $580,000 to $750,000, depending on the data source and property type, with some luxury listings averaging over $1.2M.

  • Some sources note a slight year-over-year decrease (down 1.5% to 2.7%), while others show a sharp drop compared to early 2024.

Inventory and Market Dynamics

• Inventory has increased significantly—active listings have nearly doubled since late 2023, rising from about 138 to over 212 homes.

• Months of supply has jumped from two to four, indicating a shift toward a more balanced or even buyer-favored market, though not yet a full buyer’s market.

• Homes are taking longer to sell, with average days on market rising to 59–103 days, compared to faster sales last year.

Competitiveness

• The market is less competitive than six months ago:

  • Fewer multiple-offer situations.

  • Most homes sell below list price and spend more time on market.