Clermont, FL 34711 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator is the median sold price of $360,000, which reflects recent transaction activity and suggests current market value is below asking levels given the median listing price of $525,000; this gap may indicate pricing friction as sellers’ expectations exceed realized sale prices and requires price alignment to accelerate closings.
2. Despite a median listing price of $525,000, sales are proceeding slowly with a median days on market of 170, which points to slower sales velocity and a balanced market temperature rather than rapid turnover; these longer marketing times may indicate buyers are selectively transacting and pricing sensitivity is elevated.
3. Market-wide directional signals show prices are down year-over-year and rents are down year-over-year, which together suggest modest softening across both sales and leasing markets; this combination may lead to increased negotiation leverage for informed buyers and caution for sellers on pricing strategies.
4. Interest-rate conditions are a headwind: current 30-year fixed mortgage rates averaging 6.46% reflect elevated interest rate pressure, which may suppress buyer affordability and contribute to the observed slower liquidity; lenders and investors should monitor rate moves closely when underwriting or pricing inventory.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.