WHAT’s SELLING Closed transactions in Baldwin Park® | June 2009
June 2009 Baldwin Park Sales 2827 Dorell Avenue 4,203 sf / 4 beds / 4.5 baths Sold Price: $675,000
1955 Robin Road 3,463 sf / 4 beds / 3 baths Sold Price: $629,000
5317 High Park Lane 3,274 sf / 4 beds / 3.5 baths Sold Price: $552,000
2975 Lindale Avenue 3,460 sf / 4 beds / 3.5 baths Sold Price: $540,000
3714 Parkland Drive 3,247 sf / 4 beds / 3 baths Sold Price: $475,000
2947 Stanfield Avenue 2,776 sf / 4 beds / 3.5 baths Sold Price: $463,213
2844 Stanfield Avenue 2,518 sf / 3 beds / 2.5 baths Sold Price: $432,000
3079 Kasell Alley 1,966 sf / 4 beds / 2.5 baths Sold Price: $388,000
4411 Virginia Drive 2,191 sf / 3 beds / 2 baths Sold Price: $385,000
4001 Wardell Place 2,241 sf / 3 beds / 2 baths Sold Price: $360,000
1515 Hanks Avenue 2,594 sf / 4 beds / 3 baths Sold Price: $350,000
2883 Stanfield Avenue 1,766 sf / 3 beds / 2 baths Sold Price: $350,000
1603 Hanks Avenue 2,291 sf / 4 beds / 3.5 baths Sold Price: $325,000
1741 Prospect Avenue 2,340 sf / 3 beds / 3+ baths Sold Price: $295,000
1561 Chatfield Place 1,990 sf / 3 beds / 3.5 baths Sold Price: $278,000
5314 Chatas Lane 1,517 sf / 3 beds / 2 baths Sold Price: $250,000
1531 Common Way Road 1,871 sf / 3 beds / 3.5 baths Sold Price: $178,550
4281 Anissa Avenue #102 1,410 sf / 3 beds / 2 baths Sold Price: $150,000
Source: Mid-Florida Regional MLS. Information is deemed reliable but not guaranteed.
Year-over-year sales in Baldwin Park continue to rise. Market statistics show lots of room for optimism in Baldwin Park. Buyers want to be here and are getting off the fence: 86 homes sold in the neighborhood in the first half of 2009, versus 45 in 2008. The inventory of available homes has never been lower. Homes sell faster than in other popular neighborhoods. And low-mortgage rates and first-time homebuyer tax-credits are still available.
New Baldwin Park Listings & Price Changes
During June 2009, 18 home sales closed in Baldwin Park, a 35% increase over the same period in 2008. June closings remained steady with May’s 22 sales. The average sales price was $393,098, an increase from May’s average sales price of $349,160. It took, on average, 137 days (about 4.5 months) to sell a home in Baldwin Park based on June closings. Interestingly, it took more than twice that time, 280 days, to sell a home in Winter Park’s prestigious 32789 zip code in June.
www.5164Dorwin.com 3,752 sf / 5 beds / 4.5 baths $649,000
In addition to the 18 homes that sold in June, an additional 65 homes are currently Under Contract and should close in coming months. As of July 1, only 90 homes were on the market in Baldwin Park, an unprecedented low in inventory. Opportunities to own a new single-family home in Baldwin Park are almost gone. Of the 1,182 single-family homes planned for Baldwin Park, only 101 remain to be built and sold. Many popular floorplans from David Weekley Homes and K. Hovnanian Homes can only be built one more time in the neighborhood.
www.4400Enders.com 2,274 sf / 3 beds / 2 baths $449,000
New Broad Street Realty continues to hold its #1 market share in Baldwin Park, based on total volume of listings and sales. We’re proud to have assisted buyers and sellers in over $9.3 million in transactions in the neighborhood this year at an average sales price of $621,000. 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.2203Snow.com 4,697 sf / 4 beds / 3.5 baths $2,150,000 $1,990,000
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.4525NewBroad.com 5,050 sf / 4 beds / 5 baths $1,595,000 $1,495,000
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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.