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Thornton Park Real Estate Report: Property Values and Statistics Q1 2013 | Historic Home Specialist | Downtown Orlando Real Estate

By Francisco Orchilles

Real Estate Agent with Keller Williams Classic Realty

June 12, 2013 10:06 AM

Thornton Park property values have always had a wide range. An outdated bungalow home may be worth $100,000, but once it is renovated, the same home could be worth $300,000. For this reason, Thornton Park real estate depends greatly on the condition of the home, more so than in many places in Central Florida.

Thornton Park is a small community in the heart of Downtown Orlando. This trendy neighborhood has some of the most expensive pieces of Downtown Orlando real estate and attracts buyers that wish to live in an urban setting. When Orlando locals think of Thornton Park real estate, they see the staple craftsmen style historic home that is found in the Downtown Orlando Historic District. Another type of historic home, the Spanish bungalow, is also found abundantly in the Thornton Park community. Because there is a wide range of home values and prices in Thornton Park, many home owners make sure to regularly update their homes to keep up with the trendiness of the community.

In the first quarter of 2013, 7 Thornton Park homes sold. The graph below will show the difference between listed and sold price for each piece of Thornton Park real estate.

Sold Homes in Thornton Park 1/1/13-5/30/13

See more details for each of these Thornton Park homes

The average sold price of Thornton Park real estate was $368,650 at $201/ sq. ft. When compared to the first quarter of 2012 when the average sold price was $188,025 at $101.34/ sq. ft, it is easy to see that the Thornton Park real estate market has made a return.

See what Thornton Park homes for sale are available! If you are interested in know what your Thornton Park home is worth, click the link or call us at 407-925-4552.

This article was originally posted by Francisco Orchilles on www.orlandohouseprices.com

About Francisco Orchilles

Francisco is a Realtor® who specializes in Short Sales and First Time Sellers with Keller Williams Classic Realty in Orlando, FL. Find Frank on Trulia and Zillow!