This is part three of the series about increasing values throughout Downtown Orlando neighborhoods. As I mentioned last week, in 2012 there were over 2000 single home sales that took place within 5 miles of Downtown Orlando. The median sales price of these homes increased from 2011 – 2012 and it seems the trend is continuing into the new year.
This week I’m going to talk about the ever popular Audubon Park. This trendy neighborhood full of retro Florida ranch homes has increased in value from 2011 to 2012. There were actually more homes that sold in 2012 in this neighborhood than in 2011. Currently there are only about 3 homes for sale in this highly sought after neighborhood and people keep asking when will there be more to choose from! This lack of inventory will continue to drive up the values.
The median price increased in 2012 by just under 10% to about $160,000. If the trend continues it will be on the rise in 2013 as well. The median listing price for active and pending homes in this neighborhood is holding steady.
What does all this mean?
You may finally have equity in your Audubon Park home! Don’t miss your chance to sell. Contact us today to sell your Audubon Park property. Search for nearby Audubon Park homes for sale at our website.
407-494-2820 direct*This information is based on personal data I have gathered from the local MyFloridaRegional MLS system. It is deemed reliable but not guaranteed. Image: Personal of flowers near Downtown Orlando