WHAT’s SELLING Closed transactions in Baldwin Park® | May 2009
May 2009 Baldwin Park Sales
2497 Lake Baldwin Lane 5,225 sf / 5 beds / 4+ baths Sold Price: $804,000
3912 Lower Park Road 4,138 sf / 5 beds / 4.5 baths Sold Price: $655,000
5180 Dorwin Place 3,672 sf / 4 beds / 3.5 baths Sold Price: $540,000
5175 Dorwin Place 3,385 sf / 4 beds / 3.5 baths Sold Price: $520,000
3603 Ethan Lane 2,748 sf / 3 beds / 2.5 baths Sold Price: $475,000
2717 Stanfield Avenue 2,295 sf / 3 beds / 3 baths Sold Price: $409,000
2976 Lindale Avenue 2,230 sf / 3 beds / 2.5 baths Sold Price: $391,000
5432 Penway Drive 1,966 sf / 4 beds / 2.5 baths Sold Price: $355,990
5464 Penway Drive 2,538 sf / 4 beds / 3.5 baths Sold Price: $365,000
4086 Markham Place 2,291 sf / 3 beds / 2.5 baths Sold Price: $306,750
1845 Common Way Road #103 1,668 sf / 3 beds / 2 baths Sold Price: $283,400
4407 Ethan Lane #102 1,392 sf / 2 beds / 2 baths Sold Price: $283,400
1040 Lake Baldwin Lane 1,938 sf / 3 beds / 2.5 baths Sold Price: $260,000
1659 Common Way Road 2,310 sf / 3 beds / 3.5 baths Sold Price: $249,000
4351 Anson Lane #205 1,434 sf / 3 beds / 2 baths Sold Price: $205,000
4415 Ethan Lane #207 1,226 sf / 2 beds / 2 baths Sold Price: $195,000
4281 Anissa Ave #203 1,434 sf / 3 beds / 2 baths Sold Price: $185,000
4351 Anson Lane #304 1,374 sf / 2 beds / 2 baths Sold Price: $170,000
4250 Corrine Drive #204 1,374 sf / 3 beds / 2 baths Sold Price: $175,000
Source: Mid-Florida Regional MLS. Information is deemed reliable but not guaranteed.
May sales in Baldwin Park rise 90%. During May 2009, 19 home sales closed in Baldwin Park, a 90% increase over the same period in 2008. The average sales price was $359,344, an 18.5% decrease from May 2008, attributable in part to the sale of 7 condominiums, one of the most affordable home types in Baldwin Park. There were no condo sales recorded in May of the previous year. Condominiums have been extremely popular with buyers due to the $8,000 First-Time Homebuyer Tax Credit.
New Baldwin Park Listings
It took, on average, 193 days (approximately 6.5 months) to sell a home in Baldwin Park based on May closings. Comparatively, it took 259 days (approximately 8.5 months) to sell a home in Winter Park. In addition to the 19 homes that sold in May, an additional 62 homes are currently Under Contract and should close in coming months. As of June 1, only 101 homes were on the market in Baldwin Park. This is a 40% decrease from Baldwin Park’s peak inventory last summer.
www.2203Snow.com 4,697 sf / 4 beds / 3.5 baths $2,150,000
Baldwin Park continues to set sales records throughout Metro Orlando. The May 29, 2009 issue of the Orlando Business Journal cited Baldwin Park as the “Largest residential development in east Orange County” based on courthouse recorded closings in 2008. And, for the second consecutive month, New Broad Street Realty held the #1 market share in Baldwin Park, based on total volume of listings and sales. Our year-to-date volume of $8.3 million equals that of the next three top offices combined. If you’re considering buying or selling a home in Baldwin Park, you owe it to yourself to interview a Realtor® from New Broad Street Realty. Our team has unparalleled knowledge of the neighborhood, and a proven track record for results. Give us a call or stop by our office in the Village Center. We’re open 7 days a week.
www.4673Anson.com 3,105 sf / 4 beds / 3.5 baths $499,000
www.3971Haws.com 3,104 sf / 4 beds / 3.5 baths $495,000
New Broad Street® Realty 407.529.3800 | NewBroadStreetRealty.com 4926 New Broad Street Orlando, Florida 32814 Open 10 - 6, Tuesday - Saturday Open 12 - 6, Sunday and Monday
www.5364Penway.com 1,998 sf / 3 beds / 2.5 baths $399,000
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New Broad Street Realty 4926 New Broad Street Orlando, Florida 32814 407.529.3800 | NewBroadStreetRealty.com
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Š2009 New Broad Street Realty, LLC. Licensed Real Estate Broker. Price and availability subject to change. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Transaction data and statistics provided by Mid-Florida Regional MLS. Information is deemed reliable but not guaranteed. Ž New Broad Street is a registered service mark of New Broad Street Management, LLC. Baldwin Park is a registered service mark of Orlando NTC Partners, a joint venture d/b/a Baldwin Park Development Company.