Published September 29, 2026 in Market Update

Above $2.75M, Nearly 3 in 10 Windermere Homes Never Sold

By Marlon Persaud

Real estate, windermere market update clean

I pulled every listing and every sale in the Windermere market, through September 28, 2026. Right now, 181 homes are for sale. Of those, 107 have already dropped their price. That is 59.1% of everything on the market. The question worth asking is: which price ranges feel that pressure most, and which ones are still holding firm?

The more expensive the home, the more likely it never sold at all

At $2.75M and up, nearly 3 in 10 homes gave up entirely. That is 41 homes that came off the market with no sale, against 98 that found a buyer. The rate is 29.5%.

The gap between the top and the bottom of the market is real: 29.5% gave up above $2.75M, against just 17.9% under $750K. That is not a small difference. It is the difference between a market where most homes sell and one where nearly 3 in 10 do not.

The middle ranges, $750K to $1M, $1M to $1.5M, and $1.5M to $2.75M, all sit close together, between 21% and 21.9%. None of them is a clear safe harbor. But none of them is as exposed as the top.

The homes that gave up had a typical first asking price of $1,200,000. The homes that sold had a typical first asking price of $998,000. That $202,000 gap in where sellers started tells most of the story.

The one surprise: the $1M to $1.5M range sells faster than any other range in the market

The $1M to $1.5M range does not win on price recovery. Sellers there got 93.5% of what they first asked, which is not the best number. But the typical home sold in just 33 days. That is faster than every other range in the market, including Under $750K, which took 35 days.

The $1.5M to $2.75M range took 82 days. The top range took 103 days. So a seller priced in the $1M to $1.5M range gets a faster answer, even if that answer is a little lower than they hoped.

The range that loses where nobody expects it is $1.5M to $2.75M. It sits below the top range in price, so sellers there might expect better odds. But the give-up rate is 21.9%, nearly the same as the $1M to $1.5M range, and the typical home took 82 days to sell and recovered only 90.3% of its first asking price. That is the second-worst recovery of any range.

There is also a pattern worth naming across the whole market. Homes that sold in their first month recovered 97.8% of what they first asked. Homes that took five to six months recovered only 87.5%. Waiting longer did not help sellers get closer to their number. It did the opposite.

At the neighborhood level, the same spread shows up. Summerport had a typical sale in 23 days and sellers kept 96% of what they first asked. Windermere Town took 78 days and sellers kept 92.3%. The address matters, but so does the price range the home sits in when it first hits the market.

What this means if you are selling or buying in Windermere right now

If you are selling, the single biggest mistake this data shows is starting too high. The homes that gave up first asked $202,000 more than the homes that sold. Right now, 59.1% of what is on the market has already dropped its price, with a typical cut of $100,000. A price cut gets attention, but it also signals to buyers that something did not work. Starting at the right number is cheaper than correcting later. At the top of the market, above $2.75M, sellers typically recovered only 89.8% of their first asking price, and 29.5% never sold at all.

If you are buying, the market is not racing away from you. The typical home took 51 days to sell, and there are 4.1 months of supply on the market right now, which sits between the range that favors sellers and the range that favors buyers. That said, rates have moved. The 30-year fixed-rate mortgage averaged 7.03% as of September 24, 2026, up from 6.95% the week before and up from 6.30% a year ago, according to Freddie Mac's weekly rate survey. Every month you wait, more homes on the market are cutting their prices, but borrowing costs have not eased. If you find a home priced right, the data says you do not need to rush, but you do not have unlimited time either.