"Orlando High-End Home Sales Surge in December 2023"
Orlando, known for its vibrant community and stunning properties, witnessed a remarkable week in real estate from December 9 to December 15. Several homes changed hands, reflecting an active market, particularly in the upscale segment.
The standout sale during this period was a luxurious property at 9210 Bay Point Drive, which sold for an impressive $5,582,500. This modern home, built in 2020, features five spacious bedrooms, five full bathrooms, and three half-baths, encompassing a total of 5,912 square feet of living space. The house spent a total of 81 days on the market before finding its new owners on December 12. Coldwell Banker Realty’s George Stringer represented the sellers in this significant transaction.
Three other notable transactions occurred in various neighborhoods around Orlando. A home at 8983 Savannah Park, located in Bay Hill Village, sold on December 10 for $1,450,000. This charming 1980s residence includes three bedrooms and two-and-a-half baths, and it features 2,107 square feet of living area, taking 58 days to sell.
On December 9, another residence at 8511 Granada Blvd. in Bay Lakes at Granada was sold for $563,325. This home, built in 1983, comes with three bedrooms and two baths over 1,881 square feet and was on the market for 28 days.
Additionally, a property at 10015 Canopy Tree Court in Emerald Forest fetched $850,000 on December 13. This home, built in 1999, offers four bedrooms and three-and-a-half baths across 3,149 square feet of living space, spending 49 days on the market.
Overall, this week reflected a mix of single-family homes and townhomes making the real estate market dynamic. Significant home sales were not limited to higher-priced homes alone; other noteworthy transactions also shaped the landscape. The townhouse at 7409 Alpine Butterfly Lane, located in Sand Lake Sound, was sold for $550,550 on December 13, attracting interest with its three bedrooms and two-and-a-half baths across 1,647 square feet—selling remarkably fast, in just five days.
In the same week, condos also found new owners, such as the unit at 7640 Bay Port Road, No. 48 sold for $420,000 on December 9. This condo features three bedrooms and two baths over 1,831 square feet, having been on the market for a substantial 95 days.
The residential real estate market in Orlando is showing signs of activity and resilience. The notable transactions this week, particularly in the high-end segment, indicate a healthy interest among buyers. As the year comes to a close, these trends may inform future forecasts in the region’s real estate market.
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