News Summary
The Orlando real estate market, particularly in the Dr. Phillips area, has shown impressive activity transitioning from December to January. Prominent sales included a stunning Bay Hill condo sold for $925,000 and a luxury home at Nokay Drive for $975,000. As the new year starts, homes are quickly changing hands, indicating a strong market interest in various property types. This report highlights key sales trends and showcases the vibrant nature of Orlando’s real estate scene as potential buyers eagerly enter the market.
News Summary
The Orlando real estate market, particularly in the Dr. Phillips area, has shown impressive activity transitioning from December to January. Prominent sales included a stunning Bay Hill condo sold for $925,000 and a luxury home at Nokay Drive for $975,000. As the new year starts, homes are quickly changing hands, indicating a strong market interest in various property types. This report highlights key sales trends and showcases the vibrant nature of Orlando’s real estate scene as potential buyers eagerly enter the market.
Real Estate Buzz in Orlando: December to January Sales Highlights
Orlando has been buzzing in the real estate market, especially in the Dr. Phillips area, as the final days of December and the start of January saw some impressive property sales. If you’re curious about what types of homes are making waves, you’ve landed in the right place. Let’s dive into the exciting details!
A Star of the Show: Bay Hill Condo
The spotlight this period shone brightly on a stunning condo located at 6212 Masters Blvd., No. 301. Sold on December 30, 2024, this beauty fetched a remarkable $925,000. Built in 1979, this three-bedroom, two-bath condo boasts a generous 1,853 square feet of living space. After spending 109 days on the market, it finally found its next owner, represented by Re/Max Properties SW. This sale has not only set records but has also shown there’s still a strong interest in prime locations!
More Homes in Demand
Not far behind in the sales frenzy was a home at 8654 Nicolewood Court, also selling on December 30, 2024, for $720,000. This lovely nest, built in 1988, features four bedrooms and three baths, covering a spacious 2,653 square feet. With just 53 days on the market, it quickly caught the eye of eager buyers!
Another noteworthy sale on the same day was at 9333 Bay Vista Estates Blvd., where a four-bedroom, two-and-a-half bath home sold for $500,000. This 1984 treasure spans 2,202 square feet and completed its market stint in only 31 days. Speedy sales are certainly becoming a trend around here!
New Beginnings in January
As we flipped the calendar to January, the excitement didn’t wane. A cozy home at 5644 Pitch Pine Drive sold for $572,500 on January 3, 2025. Built in 1982, this property features three bedrooms and two baths across a 2,175 square foot space. It was snatched up quickly after only 22 days on the market. People are clearly ready to dive into homeownership as the New Year begins!
Another property making its mark on January 3rd was a charming townhouse at 7738 Sundial Lane. It changed hands for $470,000. This 1987 gem comes with three bedrooms and two baths and packs 1,710 square feet of living area. However, it took its time on the market, staying listed for 116 days.
Luxury Home Sales Dominate
And let’s not forget about the luxe side of the market! Just before the New Year, a beautiful home at 9914 Nokay Drive was sold for a whopping $975,000 on December 30, 2024. With five bedrooms and three and a half baths, this 2003-built marvel sprawls over 4,003 square feet. It enjoyed a longer market presence of 143 days before finding its new occupants, proving that patience sometimes pays off in the world of real estate.
Conclusion: A Thriving Market
Overall, these sales showcase the vibrant and competitive nature of the Orlando real estate scene, especially in Dr. Phillips. With various options available from condos to sprawling homes, there’s something for everyone in this exciting market. Whether you’re considering buying, selling, or simply exploring, keep an eye on these trends as they unfold. Happy house hunting!
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Additional Resources
- Orange Observer: Bay Hill Condo Tops Dr. Phillips Sales
- Wikipedia: Real Estate
- GrowthSpotter: Dr. Phillips Shopping Center Update
- Google Search: Dr Phillips Orlando
- WFTV: Dr. Phillips Trader Joe’s Deal
- Google Scholar: Real Estate Markets Orlando
- Orlando Sentinel: Millionaires Row Estate Listing
- Encyclopedia Britannica: Real Estate Trends
- Orange Observer: Parkside Home Tops Sales
- Google News: Orlando Real Estate Market
