Windermere Real Estate Market 2021 | Market Overview

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Data updated
Data updated:
March 1, 2021

Windermere Real Estate market statistics and latest trends - March, 2021

For Sale Statistics

February, 2021

Average Homes Prices: $762,452
Average Price Per Square Foot: $209.48
For Sale Inventory: 106 Properties
Homes Sold: 105 Properties
Average Time To Sale: 71 Days
Average Mortgate Rates: 2.72%

For Rent Statistics

February, 2021

Average Rental Price: $2,314
Average Rental Price Per Square Foot: $1.07
For Rent Inventory: 35 Properties
Homes Rented: 45 Properties
Average Time To Rent: 46 Days

Demographics

Area´s Population:

3,430 People

Average Household Income:

$153,348 Per Year

Area´s Area Size

1.9 Square Miles

*Data provided by StellarMLS and Orlando Realtors Association

StellarMLS and Orlando Realtors Association

Your Most Up to Date Windermere Housing Market Overview

Thinking of investing in Windermere?

Want to know how the market is performing? We'll tell you everything you need to know about the Windermere housing market, with the latest March, 2021 statistics, and an overview of 2020 that shows us how we got here. Because real estate is tricky business.

And as we saw in 2020, as average Windermere home price rose despite COVID, the market is full of surprises. But by analyzing the numbers, we can get a better understanding of the Windermere real estate market, and ultimately, make a better investment. Read on to learn more. Or contact Orlando Homes For Sale Now!

What Is the Average & Median Home Price in Windermere, Florida?

As COVID-19 ravaged sector after sector in the business world, many worried real estate would be next.

But their fears were unfounded.

In fact, some markets are growing.

Like Windermere, for instance.

Looking at the housing market statistics, we find that average home price is on the rise in Windermere.

Hitting $762,452 by February, 2021.

So, what's that mean for your needs?

Breaking the data down further, we see that prices went up across all home types.

With condos, townhomes, and houses bringing $290,000, $272,384 and $923,517 dollars, respectively.

Meaning, whatever type of Windermere investment real estate best suits your needs, now is the time to buy it.

March, 2020
Homes Prices Average Median
Condo $211,000 $206,530
Townhouse $273,590 $273,000
Single Family $781,590 $550,000
Overall $650,844 $470,000
April, 2020
Homes Prices Average Median
Condo $214,500 $210,950
Townhouse $286,462 $285,000
Single Family $898,035 $613,000
Overall $734,546 $460,000
May, 2020
Homes Prices Average Median
Condo $219,345 $215,237
Townhouse $293,333 $301,000
Single Family $586,621 $462,710
Overall $549,707 $412,000
June, 2020
Homes Prices Average Median
Condo $223,233 $210,325
Townhouse $263,156 $250,000
Single Family $919,193 $530,000
Overall $815,608 $485,000
July, 2020
Homes Prices Average Median
Condo $218,900 $218,900
Townhouse $278,040 $277,000
Single Family $795,917 $571,000
Overall $788,531 $536,250
August, 2020
Homes Prices Average Median
Condo $219,300 $215,250
Townhouse $278,040 $277,000
Single Family $795,197 $571,000
Overall $788,531 $536,250
September, 2020
Homes Prices Average Median
Condo $222,600 $211,000
Townhouse $274,612 $265,000
Single Family $837,609 $531,500
Overall $720,516 $462,500
October, 2020
Homes Prices Average Median
Condo $218,000 $218,000
Townhouse $285,693 $288,050
Single Family $869,474 $597,500
Overall $719,340 $447,500
November, 2020
Homes Prices Average Median
Condo $223,500 $209,500
Townhouse $309,348 $305,000
Single Family $783,370 $512,000
Overall $706,680 $455,000
December, 2020
Homes Prices Average Median
Condo $219,200 $220,950
Townhouse $279,416 $269,000
Single Family $803,167 $599,000
Overall $705,415 $527,000
January, 2021
Homes Prices Average Median
Condo $243,450 $237,000
Townhouse $308,300 $289,000
Single Family $0 $0
Overall $0 $0
February, 2021
Homes Prices Average Median
Condo $290,000 $290,000
Townhouse $272,384 $270,000
Single Family $923,517 $619,000
Overall $762,452 $492,556
Average home price for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Average home price for the last 12 months in Windermere, Florida

For Sale: Average Price per Square Foot

As you might imagine, the average Windermere home price isn't going up because homes are getting bigger.

Price per square foot is rising, too!

Currently, the average Windermere home is priced at $209.48 per square foot.

With condos, townhomes, and single-family homes commanding $290,000, $272,384 and $923,517 respectively.

Which, if you've ever seen the average Windermere home, you know means big money.

March, 2020
Average Price Per Square Foot $194.15
April, 2020
Average Price Per Square Foot $212.60
May, 2020
Average Price Per Square Foot $186.43
June, 2020
Average Price Per Square Foot $203.78
July, 2020
Average Price Per Square Foot $203.79
August, 2020
Average Price Per Square Foot $205.03
September, 2020
Average Price Per Square Foot $196.95
October, 2020
Average Price Per Square Foot $209.34
November, 2020
Average Price Per Square Foot $211.44
December, 2020
Average Price Per Square Foot $206.02
January, 2021
Average Price Per Square Foot $0
February, 2021
Average Price Per Square Foot $209.48
Average price per square foot for the last 12 months in Windermere, Florida
Average Price Per Square Foot
Average price per square foot for the last 12 months in Windermere, Florida

Windermere for Sale Real Estate Inventory

While the recent growth of the Windermere real estate market took some by surprise, the housing statistics help us understand how it happened.

And one of the most elucidating stats is inventory.

As COVID struck uncertainty in the hearts of potential sellers, many decided to hang onto their homes.

Causing inventory to fall to an incredible 106 homes by February, 2021.

And while it's fluctuated in the months since then, the general trend has been the same:

Inventory is falling.

This has made Windermere real estate a commodity, and thus, a great investment opportunity!

March, 2020
For Sale Inventory
Condo 12
Townhouse 9
Single Family 170
Overall 191
April, 2020
For Sale Inventory
Condo 9
Townhouse 12
Single Family 162
Overall 183
May, 2020
For Sale Inventory
Condo 8
Townhouse 13
Single Family 157
Overall 178
June, 2020
For Sale Inventory
Condo 13
Townhouse 18
Single Family 135
Overall 166
July, 2020
For Sale Inventory
Condo 15
Townhouse 11
Single Family 122
Overall 148
August, 2020
For Sale Inventory
Condo 10
Townhouse 18
Single Family 145
Overall 173
September, 2020
For Sale Inventory
Condo 8
Townhouse 12
Single Family 142
Overall 162
October, 2020
For Sale Inventory
Condo 11
Townhouse 15
Single Family 109
Overall 135
November, 2020
For Sale Inventory
Condo 9
Townhouse 18
Single Family 129
Overall 156
December, 2020
For Sale Inventory
Condo 4
Townhouse 11
Single Family 132
Overall 147
January, 2021
For Sale Inventory
Condo 4
Townhouse 3
Single Family 113
Overall 120
February, 2021
For Sale Inventory
Condo 1
Townhouse 6
Single Family 99
Overall 106
For sale inventory for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
For sale inventory for the last 12 months in Windermere, Florida

Sold Homes in Windermere

Though inventory is down, sales are up in Windermere.

Increased demand from a growing population is driving up sales.

Forcing Windermere and Greater Orlando to build like mad to make up for the shortage.

In fact, February, 2021 saw 105 homes sold just that month!

March, 2020
Homes Sold
Condo 2
Townhouse 20
Single Family 69
Overall 91
April, 2020
Homes Sold
Condo 2
Townhouse 13
Single Family 43
Overall 58
May, 2020
Homes Sold
Condo 0
Townhouse 7
Single Family 31
Overall 38
June, 2020
Homes Sold
Condo 0
Townhouse 9
Single Family 48
Overall 57
July, 2020
Homes Sold
Condo 1
Townhouse 20
Single Family 77
Overall 98
August, 2020
Homes Sold
Condo 1
Townhouse 10
Single Family 78
Overall 89
September, 2020
Homes Sold
Condo 5
Townhouse 17
Single Family 86
Overall 108
October, 2020
Homes Sold
Condo 2
Townhouse 24
Single Family 76
Overall 102
November, 2020
Homes Sold
Condo 4
Townhouse 10
Single Family 77
Overall 91
December, 2020
Homes Sold
Condo 1
Townhouse 17
Single Family 79
Overall 97
January, 2021
Homes Sold
Condo 3
Townhouse 22
Single Family 66
Overall 91
February, 2021
Homes Sold
Condo 1
Townhouse 25
Single Family 79
Overall 105
Homes sold in the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Homes sold in the last 12 months in Windermere, Florida

Average Time to Sell a Home in Windermere

As of February, 2021 homes for sale in Windermere were spending an average of 71 days on the market (ADOM).

That's somewhat longer than ADOM the last few months.

But not much longer, and not for much longer.

January is slow season for real estate sales, and we expect ADOM to go back down as 2021 progresses.

March, 2020
Average Time To Sale 124 Days
April, 2020
Average Time To Sale 73 Days
May, 2020
Average Time To Sale 52 Days
June, 2020
Average Time To Sale 59 Days
July, 2020
Average Time To Sale 49 Days
August, 2020
Average Time To Sale 75 Days
September, 2020
Average Time To Sale 114 Days
October, 2020
Average Time To Sale 85 Days
November, 2020
Average Time To Sale 89 Days
December, 2020
Average Time To Sale 93 Days
January, 2021
Average Time To Sale 62 Days
February, 2021
Average Time To Sale 71 Days
Average time to sell a home for the last 12 months in Windermere, Florida
Average Time To Sale
Average time to sell a home for the last 12 months in Windermere, Florida

What Are the Average Mortgage Rates in Windermere, Florida?

One of the most surprising statistics of the 2020 Windermere housing market was the average mortgage rate.

Rates dropped sharply in June as the Fed scrambled to stoke the economy.

By February, 2021 they were at 2.72%.

A new record.

This makes it both a great time to buy or refinance a home.

As well as - as low rates drive demand - a great time to sell.

March, 2020
Average Mortage Rates 3.45%
April, 2020
Average Mortage Rates 3.20%
May, 2020
Average Mortage Rates 3.22%
June, 2020
Average Mortage Rates 3.04%
July, 2020
Average Mortage Rates 2.97%
August, 2020
Average Mortage Rates 2.85%
September, 2020
Average Mortage Rates 2.74%
October, 2020
Average Mortage Rates 2.72%
November, 2020
Average Mortage Rates 2.70%
December, 2020
Average Mortage Rates 2.70%
January, 2021
Average Mortage Rates 2.73%
February, 2021
Average Mortage Rates 2.72%
Average mortgage rate for the last 12 months in Windermere, Florida
Average Mortage Rates
Average mortgage rate for the last 12 months in Windermere, Florida

How Did COVID-19 Affect the Windermere Real Estate Market?

  • Like all aspects of our lives, COVID impacted the way we buy and sell homes.
  • But not necessarily for the worse.
  • In Windermere, for example, investors are taking advantage of historic opportunities.
  • Such as:

Record-Low Inventory

As the uncertainty of COVID began to give potential sellers cold feet, inventory began to plummet.

Growth

Meanwhile, the Greater Orlando Area began growing at an unprecedented rate as refugees from struggling cities like New York and LA descended on Florida.

Interest Rates

To invigorate the economy, the Fed began to lower interest rates to record levels.

Rising Prices

When a growing population meets low interest rates, demand is doubled. And when high demand meets low inventory, you get rising prices.

Future Growth

Looking at how the housing market statistics are trending, and considering Orlando's growing economy, Windermere will keep growing, and average home price will keep rising, well into 2021.

That means, whether you want to rent to recent arrivals, let your home appreciate, or both, Windermere in 2021 is the place and time.

Homes for Sale in Windermere

Windermere's inventory had been on the downswing since well before the pandemic.

But as the threat of COVID grew more and more certain, and the future less so, what sellers there were began to drop out of the market, too.

Creating an historic dearth of homes in the Orlando area.

In fact, by February, 2021 there were just 106 homes for sale in Windermere.

And although, month to month, we've seen vacillations, the overall trend has been one of decline.

Windermere Demographics

Though Windermere is best-known for lavish mansions, its population and, therefore, its housing market, is actually quite diverse.

We can use the housing market statistics to get a better grasp of Windermere's demographic makeup.

March, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
April, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
May, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
June, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
July, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
August, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
September, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
October, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
November, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
December, 2020
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
January, 2021
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9
February, 2021
Demographics
Area´s Population 3,430
Average Household Income $153,348
Area´s Area Size 1.9

Population: How Many People Live in Windermere?

Windermere is home to just 3,430 people.

Giving it Orlando Homes for Sale small-town charm and a strong sense of community.


Average Household Income

According to bestplaces.net, the median household income in Windermere is $153,348.


Windermere Area Size

At just over 1 and a half square miles, Windermere's small size automatically limits supply.

Which, of course, boosts your resale value and rental rates.

Windermere Real Estate Rental Market Statistics

2020 wasn't just an unprecedented year for residential real estate.

Let's look at the statistics to see how rental real estate fared on the Windermere housing market.

What is the Average and Median Rental Price in Windermere?

In February, 2021 the average and median rental price for a home in Windermere was $2,314 and $2,095 respectively.

March, 2020
Rental Prices Average Median
Condo $1,490 $1,490
Townhouse $1,882 $1,875
Single Family $2,768 $2,450
Overall $2,434 $2,150
April, 2020
Rental Prices Average Median
Condo $1,520 $1,490
Townhouse $1,945 $1,900
Single Family $2,719 $2,400
Overall $2,581 $2,325
May, 2020
Rental Prices Average Median
Condo $1,612 $1,612
Townhouse $1,868 $1,850
Single Family $3,305 $2,550
Overall $2,805 $2,298
June, 2020
Rental Prices Average Median
Condo $1,525 $1,525
Townhouse $1,853 $1,873
Single Family $3,585 $2,600
Overall $2,900 $2,200
July, 2020
Rental Prices Average Median
Condo $1,611 $1,638
Townhouse $1,883 $1,875
Single Family $2,776 $2,545
Overall $2,518 $2,200
August, 2020
Rental Prices Average Median
Condo $1,690 $1,721
Townhouse $1,915 $1,945
Single Family $3,676 $2,885
Overall $2,964 $2,150
September, 2020
Rental Prices Average Median
Condo $1,650 $1,650
Townhouse $1,977 $1,950
Single Family $3,293 $2,425
Overall $2,884 $2,300
October, 2020
Rental Prices Average Median
Condo $1,669 $1,650
Townhouse $1,860 $1,875
Single Family $3,210 $2,475
Overall $2,565 $2,050
November, 2020
Rental Prices Average Median
Condo $1,623 $1,623
Townhouse $1,815 $1,800
Single Family $3,088 $2,345
Overall $2,625 $2,050
December, 2020
Rental Prices Average Median
Condo $1,567 $1,600
Townhouse $1,904 $1,900
Single Family $2,926 $2,423
Overall $2,424 $2,050
January, 2021
Rental Prices Average Median
Condo $1,613 $1,595
Townhouse $1,895 $1,888
Single Family $3,014 $2,400
Overall $2,487 $2,143
February, 2021
Rental Prices Average Median
Condo $1,598 $1,595
Townhouse $1,868 $1,850
Single Family $2,703 $2,350
Overall $2,314 $2,095
Average rent price for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Average rent price for the last 12 months in Windermere, Florida

For Rent: Average Price per Square Foot

As of February, 2021 the average price per square foot for a rental home in Windermere was $1.07.

That's about what we would expect looking at the average price overall.

And it further corroborates what all the data are pointing to:

It's prime time to make a real estate investment in Windermere!

March, 2020
Average Rental Price Per Square Foot $1.05
April, 2020
Average Rental Price Per Square Foot $1.04
May, 2020
Average Rental Price Per Square Foot $1.07
June, 2020
Average Rental Price Per Square Foot $1.16
July, 2020
Average Rental Price Per Square Foot $1.07
August, 2020
Average Rental Price Per Square Foot $1.11
September, 2020
Average Rental Price Per Square Foot $1.15
October, 2020
Average Rental Price Per Square Foot $1.48
November, 2020
Average Rental Price Per Square Foot $1.14
December, 2020
Average Rental Price Per Square Foot $1.09
January, 2021
Average Rental Price Per Square Foot $1.12
February, 2021
Average Rental Price Per Square Foot $1.07
Average rent price per square foot for the last 12 months in Windermere, Florida
Average Rental Price Per Square Foot
Average rent price per square foot for the last 12 months in Windermere, Florida

Windermere for Rent Inventory

In February, 2021 rental inventory in Windermere stood at 35.

With 14 single-family homes, 5 condos and 16 townhomes up for rent that month.

March, 2020
For Rent Inventory
Condo 7
Townhouse 8
Single Family 29
Overall 44
April, 2020
For Rent Inventory
Condo 13
Townhouse 11
Single Family 30
Overall 54
May, 2020
For Rent Inventory
Condo 10
Townhouse 9
Single Family 22
Overall 41
June, 2020
For Rent Inventory
Condo 11
Townhouse 9
Single Family 25
Overall 45
July, 2020
For Rent Inventory
Condo 8
Townhouse 12
Single Family 29
Overall 49
August, 2020
For Rent Inventory
Condo 9
Townhouse 12
Single Family 20
Overall 41
September, 2020
For Rent Inventory
Condo 5
Townhouse 10
Single Family 27
Overall 42
October, 2020
For Rent Inventory
Condo 9
Townhouse 15
Single Family 34
Overall 58
November, 2020
For Rent Inventory
Condo 10
Townhouse 12
Single Family 22
Overall 44
December, 2020
For Rent Inventory
Condo 7
Townhouse 15
Single Family 28
Overall 50
January, 2021
For Rent Inventory
Condo 5
Townhouse 22
Single Family 33
Overall 60
February, 2021
For Rent Inventory
Condo 5
Townhouse 16
Single Family 14
Overall 35
For rent inventory for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
For rent inventory for the last 12 months in Windermere, Florida

Rented Homes in Windermere

As COVID-stricken cities like LA and New York began hemorrhaging residents in 2020, Florida began to grow.

And it didn't stop.

In fact, as of this January, 2021 update, Florida is growing at a rate of 1,000 people a day.

Of course, for these desperate refugees, the long and fraught homebuying process isn't an option; they just want a roof over their heads.

So what's the solution?

Long-term rentals.

2020 saw homes rented in Orlando, and by extension, Windermere, go way up.

With 45 homes rented in February, 2021.

Including 25 single-family homes, 3 condos and 17 townhomes.

March, 2020
Homes Rented
Condo 1
Townhouse 14
Single Family 26
Overall 41
April, 2020
Homes Rented
Condo 0
Townhouse 5
Single Family 23
Overall 28
May, 2020
Homes Rented
Condo 0
Townhouse 16
Single Family 30
Overall 46
June, 2020
Homes Rented
Condo 2
Townhouse 20
Single Family 40
Overall 62
July, 2020
Homes Rented
Condo 4
Townhouse 13
Single Family 46
Overall 63
August, 2020
Homes Rented
Condo 3
Townhouse 19
Single Family 36
Overall 58
September, 2020
Homes Rented
Condo 2
Townhouse 9
Single Family 30
Overall 41
October, 2020
Homes Rented
Condo 4
Townhouse 15
Single Family 22
Overall 41
November, 2020
Homes Rented
Condo 0
Townhouse 12
Single Family 21
Overall 33
December, 2020
Homes Rented
Condo 3
Townhouse 20
Single Family 26
Overall 49
January, 2021
Homes Rented
Condo 3
Townhouse 26
Single Family 20
Overall 49
February, 2021
Homes Rented
Condo 3
Townhouse 17
Single Family 25
Overall 45
Homes rented in the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Homes rented in the last 12 months in Windermere, Florida

Average Time to Rent a Home in Windermere

When demand for rentals goes up, the average time to rent goes down.

And that's just what the Windermere housing statistics show.

With 1,000 new residents arriving daily in Florida as of February, 2021, time to rent is down to just 46 days.

March, 2020
Average Time to Rent 33 Days
April, 2020
Average Time to Rent 29 Days
May, 2020
Average Time to Rent 40 Days
June, 2020
Average Time to Rent 40 Days
July, 2020
Average Time to Rent 31 Days
August, 2020
Average Time to Rent 39 Days
September, 2020
Average Time to Rent 37 Days
October, 2020
Average Time to Rent 37 Days
November, 2020
Average Time to Rent 26 Days
December, 2020
Average Time to Rent 45 Days
January, 2021
Average Time to Rent 45 Days
February, 2021
Average Time to Rent 46 Days
Average time to rent a property for the last 12 months in Windermere, Florida
Average Time to Rent
Average time to rent a property for the last 12 months in Windermere, Florida

Windermere Real Estate Investment

Looking to buy an investment home in Central Florida?

Windermere in 2021 is the place and time.

Because interest rates are at an all-time low, down to 2.72% as of February, 2021.

Moreover, prices in Windermere are on the rise!

Hitting $762,452 by February, 2021.

And what's more, January is notoriously slow for real estate.

As the new year progresses, we expect the increase to steepen.

Why Should I Buy a Property in Windermere, Florida?

  • With gorgeous homes, great schools, safety, and more, Windermere is one of Orlando's most exclusive, in-demand real estate markets.
  • Here are just a few reasons you should buy a property in Windermere, Florida.

Location

Windermere's small area and population belie one of its best assets: a convenient location. With Downtown Orlando, Disney World, and the Orlando Airport all less than 30 minutes away, Windermere is an oasis of small-town charm in one of the country's biggest metropolises.

Great Schools

Windermere is zoned for some of the best schools in Central Florida. Such as Bay Lake Elementary and Keene's Crossing, both awarded a 9/10 by greatschools.org, and Windermere High, where college readiness scores an 8/10!

Safety

With a very low rate of violent crime, Windermere consistently ranks among Florida's safest places to live.

Moreover, the assets that make Windermere a great place to live also make it a lucrative place to invest!

Windermere Real Estate News

What's the news in Windermere, Florida?

Growth!

The Greater Orlando Area is growing, both economically and in terms of population, by the day.

And it's taking Windermere with it.

Windermere gives buyers and renters easy access to local points of interest like Downtown Orlando and I-Drive.

While its small size offers a sense solitude.

And as Windermere grows, so do home values and rental rates.

Making this a great time to find your Windermere real estate investment!

Windermere Real Estate Market Forecast

While isolated statistics make a quick and easy way to check in on the state of different market metrics, by stringing them together and charting their progress through time, we can make forecasts about the future.

So, what's the Windermere market have in store for 2021?

More growth!

As 2020 progressed, Windermere interest rates and inventory were in a race to the bottom.

While population and average price were on the rise.

And these trends haven’t changed.

As of February, 2021 interest rates were at a record-low 2.72% while prices hit $762,452.

For decades, cities like LA and New York have been home to the hottest real estate in the country.

Buyers and renters gladly payed big prices for small spaces - for the chance to live close to world-class amenities and points of interest.

But what happens when those amenities and points of interest close down?

As stringent COVID-19 restrictions forced business after business to close its doors, or at least cut capacity, those paying big to live near them started to ask themselves:

What's the point?

Meanwhile, thanks to a low cost of living and lax COVID restrictions, Florida was thriving.

It didn't take long for the immigration to begin.

Soon, a thousand people a day were crossing the Florida border to stay.

With many settling in Central Florida cities like Windermere.

And while vaccines and social distancing have helped us flatten the curve, cities like New York and LA have a long road to recovery.

If they ever recover at all.

All of which makes us confident in the following forecast:

Florida's growth is just getting started.

Windermere Real Estate Market Historical Data

Studying long-term statistical trends can help us better understand what makes the market tick.

So now that you know how Windermere is doing in the present, and how it's forecasted to do in the future, let's look at the past:

2007

Windermere Real Estate Market Stats in 2007

With the Recession just around the corner, the Windermere market was showing signs of destabilization.

Such as a 10% drop in average price, and a 44.68% reduction in sales.

2008

Windermere Real Estate Market Stats in 2008

As the Recession began in earnest, we saw prices fall another 25.56%.

2009

Windermere Real Estate Market Stats in 2009

By the end of 2009, sales were up 66.78%.

As sellers tried to offload their shriveling assets before it was too late.

2010

Windermere Real Estate Market Stats in 2010

Things began to stabilize somewhat in 2010.

As the rate of reduction in average price slowed from 28.36% to 12.5%.

2011

Windermere Real Estate Market Stats in 2011

Then, in 2011, we got our first signs of hope.

As Windermere home prices rose 13.33% above 2010's year-end average.

2012

Windermere Real Estate Market Stats in 2012

Mortgage rates fell to 3.46% in December 2012, indicating more stabilization.

2013

Windermere Real Estate Market Stats in 2013

In 2013, driven by a 188-point drop in inventory, prices rose by 20.75%.

2014

Windermere Real Estate Market Stats in 2014

In 2014, they rose yet again, this time by just 5.62%.

2015

Windermere Real Estate Market Stats in 2015

2015 saw inventory drop again, down by 666 homes in December.

Driving up prices another 9.47% compared to 2014.

2016

Windermere Real Estate Market Stats in 2016

2016's stats looked a lot like 2015's, as inventory remained low at 8,590.

While sales rose 13.57%.

2017

Windermere Real Estate Market Stats in 2017

The Windermere housing market experienced further growth in 2017, with the statistics showing a 10.31% increase in average home price.

2018

Windermere Real Estate Market Stats in 2018

2018 was a slow year.

As sales dropped 20.46% from 2017.

2019

Windermere Real Estate Market Stats in 2019

But by 2019, they were back up again, with 25.23% more homes sold than in 2018.

2020

Windermere Real Estate Market Stats in 2020

As COVID-19 drove people out of struggling cities and over the Florida border, the Windermere housing market showed big gains.

With the average Windermere home price rising 14.58%, while sales climbed by 20.36%.

2021

Windermere Real Estate Market Stats in 2021

Looking at the Windermere housing market statistics over the past few months, we feel confident making the following prediction:

Orlando, and by extension, Windermere, will continue to grow well into 2021.

Of course, real estate involves a complex set of variables, and the market can find endless ways to take you by surprise.

So count on Orlando Homes for Saleto keep you apprised of new developments as they happen.

Orlando Real Estate Market

Looking for a more general overview of the market statistics in Orlando?

Check out our Orlando real estate market review for a comprehensive look at the Greater Orlando housing market!

A Windermere Realtor for All Your Needs

As we mentioned, Windermere is more than just mansions.

And Orlando Homes for Sale is more than just investment real estate.

Count on an Orlando Homes for Sale Windermere real estate agent for:

Lakefront Homes in Windermere

At 27% water, Windermere is lake-home central in the Orlando area.

And Orlando Homes for Sale is your premier source for Windermere lakefront homes for sale at amazing prices!

New Homes for Sale in Windermere

As Orlando grows by 2.13% a year (macrotrends.net), Windermere grows along with it.

Count on Orlando Homes for Sale to help you find the best new homes for sale in Windermere!

Villas for Sale in Windermere

Of course, in moneyed Windermere, you don’t have to stop at a mere vacation home.

Count on Orlando Homes for Sale for great deals on Windermere villas for sale!

Community Homes for Sale in Windermere

Community homes give you added safety and luxury amenities.

Here are a few great communities in Windermere.

Lake Burden

Located on the shores of its eponymous lake, Lake Burden features single-family homes and townhomes with picturesque views.

Other features include a clubhouse, community pool, sports field, tennis courts, shared dock, walking trail, and more!

Casabella

Featuring luxury estate homes by Toll Brothers builders, Casabella is one of Windermere’s most exclusive neighborhoods.

Amenities include a gated entrance, two central ponds, a playground, and more!

Keene’s Pointe

Keene’s Pointe is a massive master-planned community in prestigious Windermere.

Perks include golf course- and lake views, a gated entrance, and 14 distinct neighborhoods to choose from!

Windermere Trails

With Windermere Trails, builder Mattamy Homes brings its renowned attention to detail and quality craftsmanship to prestigious Windermere.

This community features luxury single-family homes in a range of styles, ages, and price points.

As well as a generous amenities package that includes a community pool, playground, splash pad, dog park, and more!

Windermere Sound

Windermere Sound boasts luxury, new-construction single-family homes in upscale Windermere.

Amenities include a guarded, gated entrance, pool, tennis courts, a basketball court, and a playground.

Lakeside at Lakes of Windermere

Lakeside at Lakes of Windermere is where luxury homes, world-class amenities, small-town charm, and the beauty of nature allmingle in harmony.

And with Orlando Homes for Sale, it could be home!

Isleworth

Nestled alongside the Butler Chain of Lakes, Isleworth is one of the most prestigious communities in Windermere, one of the most prestigious cities in Central Florida.

This upscale community boasts golf course- and lake views, a prime location near Downtown, and sprawling estate homes ranging into the tens of millions of dollars.

The Numbers Don't Lie: There's Never Been a Better Time to Invest in Windermere

Mortgage rates have never been lower.

And growth has never been higher.

In short, there's never been a better time to buy an investment home in Windermere.

But don't just take our word for it.

The proof is in the numbers!

Count on Orlando Homes for Sale to keep you informed with all the latest housing market statistics in Windermere and the Greater Orlando Area.

Or, to find your Windermere investment home

Quick links

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