Downtown Orlando Record Sales
September was Record Breaking Sales for 32801
September had record breaking sales for the past two years. Downtown Orlando zip code 32801 sold 40 properties that month. It’s almost doubled from 22 sales in August. Check out monthly sales numbers in the last 2 years. Downtown Orlando real estate is on fire!
Sold Prices Skyrocketting
Not only were the number of monthly sales the highest in September, but the median price jumped almost $100,000 since August. The median price in September 2015 was $277,064 and September 2016 was $446,146. The median price nearly doubled compared to September 2015.
Let’s look closer at September Sales
- 21 of the sales where Condos priced $115,000 to $700,000 (7 paid cash, 10 new conventional loans, 3 assumed loans)
- 5 of the sales where Single Family Homes priced $262,000 to $512,000 (2 paid cash, 2 new conventional loans, 1 assumed loan)
- 14 of the sales where Town Homes $600,000 to $760,000 (3 paid cash, 4 new conventional loans, 7 assumed loans)
100% of the town homes sold where in newer project called The Brownstones at Thorton Park.
Why Downtown Orlando?
Downtown Orlando is urban style living and where all the action is. It offers both historic homes, brick paved streets, condo towers and walking distance of venues. Lake Eola centers the residential area. Here you can find festivals, jogging and walking path, restaurants, yoga in the park and romantic stroll. Nearby is the Dr. Phillips Performing Arts Center, Movies, Bars, Library, Publix, Sunrail, Restaurants, and tall business buildings. Most things are very walkable. The walk score is 75 which is great.
Buying Downtown Orlando Real Estate
Condos make up most of the properties for sale in Downtown Orlando, or in Central Florida overall. Condos range from 2 story small complexes, to condo conversions (converted from apartment or hotel), to 20-35 story buildings. There are 111 condos for sale priced $100,000 to $1,710,000.
There are 14 Single Family homes several historic homes built in 1920-1930’s all the way to brand new. Priced $280,000 to $950,000.
The Brownstones at Thorton Park are dominating the town home market with 8 for sale priced $657,000 to $680,000.
All you need to do to receive a customized emailed list of properties, just email us your home search parameters or questions.