WHAT’s SELLING Closed transactions in Baldwin Park® | September 2009
September 2009 Baldwin Park Sales
4001 Upper Union Road 6,204 sf / 5 beds / 5+ baths Sold Price: $1,850,000
2734 Meeting Place 4,929 sf / 4 beds / 5+ baths Sold Price: $875,000
2551 Lake Baldwin Lane 4,068 sf / 4 beds / 4 baths Sold Price: $800,000
2994 Lincroft Avenue 3,284 sf / 4 beds / 3.5 baths Sold Price: $624,231
2182 Shaw Lane 2,614 sf / 4 beds / 3 baths Sold Price: $475,000
2923 Stanfield Avenue 2,694 sf / 3 beds / 2.5 baths Sold Price: $450,990
4062 Markham Place 2,291 sf / 3 beds / 2.5 baths Sold Price: $332,000
1613 Lake Baldwin Lane 2,019 sf / 2 beds / 2.5 baths Sold Price: $300,000
1710 Prospect Avenue 2,450 sf / 4 beds / 3.5 baths Sold Price: $290,000
5338 Chatas Lane 1,837 sf / 3 beds / 2.5 baths Sold Price: $281,000
2272 Osprey Avenue 2,019 sf / 2 beds / 2.5 baths Sold Price: $280,000
909 Fern Avenue 2,055 sf / 2 beds / 2.5 baths Sold Price: $280,000
1574 Almond Avenue 1,525 sf / 3 beds / 2 baths Sold Price: $260,000
2856 Kemper Avenue 1,667 sf / 3 beds / 2.5 baths Sold Price: $258,883
1579 Chatfield Place 1,895 sf / 3 beds / 3.5 baths Sold Price: $255,000
3731 Ethan Lane 1,680 sf / 3 beds / 2.5 baths Sold Price: $245,000
1663 Prospect Avenue 2,060 sf / 3 beds / 2 baths Sold Price: $231,000
4284 New Broad Street #101 1,504 sf / 3 beds / 2 baths Sold Price: $211,000
4220 New Broad Street #108 1,024 sf / 2 beds / 2 baths Sold Price: $136,000
Source: Mid-Florida Regional MLS. Information is deemed reliable but not guaranteed.
Over $8.4 million in September home sales sets 2009 Baldwin Park record. More Baldwin Park real estate was sold in September than any previous month in 2009, indicating a continuing real estate market recovery. Based on total sales volume, September showed a 50.76% increase over August 2009 sales and a 24.28% over September 2008 sales.
New Baldwin Park Listings and Price Reductions
Nineteen home sales closed during the month of September at an average price of $443,952, or 95% of average list price. An additional 67 homes were under contract at the end of the month. Baldwin Park continues to maintain a significant price premium over the rest of Orange County, where the average sales price in September was $153,801. As of October 6, 2009, 101 homes were listed for sale in Baldwin Park. Inventory levels have remained consistently low throughout the second and third quarters. Based on 2009 average monthly absorption, there is a 6.3-month supply of homes available in the neighborhood.
www.4082Ethan.com 5,653 sf / 5 beds / 5.5 baths $1,790,000 $1,690,000
Recent price changes on new Baldwin Park custom homes have spurred significant interest in the high end of the Baldwin Park market: 4001 Upper Union Road closed in September for $1,850,000; 4649 New Broad Street, offered at $1,499,500, recently went under contract. Several contracts are in negotiation on remaining new custom homes. New Broad Street Realty continues to hold and grow 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 46 transactions in the neighborhood this year at an average sales price of $489,333. Our firm has participated in twice as many transactions in Baldwin Park as our nearest competitor.
www.4081UpperUnion.com 5,594 sf / 5 beds / 6 baths $2,195,000 $1,450,000
If you’re considering buying or selling a home in or near Baldwin Park, we hope you will interview a Realtor® from New Broad Street Realty. Our team has unparalleled knowledge of the area, 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.4398NewBroad.com 4,485 sf / 4 beds / 4 baths $1,299,000 $1,050,000
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.4041Haws.com 1,800 sf / 2 beds / 2 baths $350,000
Join a great real estate team. New Broad Street Realty will be adding a few exceptional sales associates in the coming months. If you are a licensed Realtor® with a proven sales record in Central Florida, we would like to hear from you. We offer unmatched marketing support and a progressive company culture designed for careers that are going places. To learn more contact Barbara Koenig at 407.529.3800.
©2009 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. ® 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.