baldwin park orlando: Baldwin Park Orlando - Sold Out - 08/18/11 09:52 AM
Last month there were 15 closings in Baldwin Park. That is not anything special, just an average sales month for my neighborhood. Of those sales 11 were normal equity sales with a median sales price of $445,000. There were three short sales with a median price of $226,000, and only one bank owned property that sold for $312,000. Oddly enough, the one bank sale equalled the median price of all sales combined. Baldwin Park is a planned community with apartment homes, condos, townhomes, cityhomes and single family homes ranging from garden homes to very large custom estates. Eight of the sales … (1 comments)

baldwin park orlando: Baldwin Park Development Press Release - 06/02/11 02:29 AM
I received this press release about a new development in Baldwin Park. Kim Hardcastle with Jackson Spalding gave me permission to repost. I highlighted the part about Baldwin Park. Thanks Kim.
Post Properties Announces the Development of Post Lake® at Baldwin Park, Phase III
and Post Parkside™ at Wade, Phase I
ATLANTA, June 1, 2011 – Post Properties, Inc. (NYSE: PPS) today announced the commencement of development of Post Lake® at Baldwin Park, Phase III, consisting of 410 apartment units and located in Orlando, FL, and Post Parkside™ at Wade, Phase I, consisting of 392 apartment units and 18,148 square … (0 comments)

baldwin park orlando: A Quick Look at Baldwin Park Numbers - 05/18/11 01:20 AM
There are only 40 homes for sale in Baldwin Park, and 53 pending sales. Last month there were 10 closed sales. The numbers on the three groups are as diverse as the home styles in the neighborhood. Of the 40 active the average list price is $614,900 and the median is $470,000 with 34 of the homes being equity listings. Only four are short sales and two are bank owned. Also 28 or 70% are single family homes. Of the pending sales only 22 or 41.5% are single family homes. One is a bank owned property, 38 are short sales and … (2 comments)

baldwin park orlando: Baldwin Park Spring Sales Event - 04/21/11 02:54 AM
The way things are selling Baldwin Park you would think there was some kind of big sales event going on. In the last eight days there have been eight properties go under contract, and there have been 24 homes pending in the last 30 days. The average time to contract of the homes that sold in the last week is around 52 days, roughly half the time of the overall Orlando real estate market. Much like the rest of the local market inventory has been fairly low. Currently, there are only 48 homes for sale in the neighborhood. When I checked … (0 comments)

baldwin park orlando: Baldwin Park Inventory Remains Low - 12/15/10 02:26 AM
Baldwin Park in Uptown Orlando is a terrific new community in a well established area. The combination of location, great schools and well designed neighborhood including lots of park and recreational spaces have made this a fairly high demand area. Like every other area of Orlando we have seen prices come down and many homes have had distress sale situations. The extent of the effect of home speculators and a slow economy has not been as great here though. While Orlando overall has seen prices drop more than 60%, Baldwin Park has seen drops of about half that. In my opnion a … (0 comments)

baldwin park orlando: Baldwin Park Orlando Low on Inventory - 11/03/10 03:58 AM
I live in Baldwin Park and try to keep a close eye on what is going on in the neighborhood, and the number of homes for sale has been steadily dwindling. There are only 57 homes active on the market right now with another 52 with contracts pending. If you look at the last 12 months sales of 195 the active listings only make up a 3.5 month supply of inventory. That is why I am saying the inventory is low. When the inventory numbers are released each month they are typically based solely on the previous months sales. Based on the … (0 comments)

baldwin park orlando: Around Baldwin Park - 09/14/10 06:44 AM
I laughed yesterday when the television meteorologists talked about the ever so slight change in the weather. The temperature dropped just a couple of degrees, but the humidity is down a bit too. It made for a beautiful evening last night, and holy smokes did my Baldwin Park neighbors take advantage of it. I had an appointment late yesterday afternoon, and drove around Lake Baldwin to go out the exit by Semoran Blvd. Between Lower Park Rd. and Baldwin Park St. I must have seen 100 people out walking, running, riding bikes and walking the dog. I run around Lake Baldwin … (0 comments)

baldwin park orlando: Baldwin Park Orlando Real Estate Breakdown - 07/07/10 04:23 AM
Through the first half of 2010, Baldwin Park has been hot. There were 102 closed sales during the first six months of the year.

The median prices for the different types of homes is no big surprise, but the ranges might look pretty big for someone not familiar with the neighborhood. There are a few different types of condos in the neighborhood, and Centerline homes is still selling new units. The less expensive units are actually in Enders Place at Baldwin Park. This was a condo conversion where units are still being rented. As a general rule, there is no financing available … (0 comments)

baldwin park orlando: Baldwin Park Orlando is Hot - 06/30/10 02:49 AM
I live in Baldwin Park, so I pay a lot of attention to the neighborhood real estate market. The inventory of homes available for sale is down to 68, and unlike Orlando in general, "normal" sales make up a significant majority of the homes available. Currently, only four homes for sale are bank owned and 19 are short sales. The 45 remaining make up nearly 2/3 of the inventory compared with just about 52% in Orlando overall. With a smaller impact from distressed properties prices in Baldwin Park have remained very stable compared to last year as well. Homes currently on … (1 comments)

baldwin park orlando: Baldwin Park Orlando Real Estate Sales Through May 2010 - 06/07/10 07:02 AM
Through the end of May, Baldwin Park is on track to post about as many sales as 2009. There were 190 sales last year, and five months into 2010 there have been 79 closed sales. While the number of sales looks to equal 2009, the prices are slightly higher this year. In 2009 the median sales price was $346,500 and the average price was $399,395. So far in 2010 the median sales price is up 4.5% to $362,000 and the average sales price is up 11.3% to $444,375 on five sales over a million dollars.
Distressed properties have had less of … (0 comments)

baldwin park orlando: Baldwin Park Real Estate Sales 2010 so far - 05/10/10 06:57 AM
While Baldwin Park in uptown Orlando is a relatively new neighborhood with homes still under construction, it has a well established location. Located between downtown Orlando and Winter Park, Baldwin Park has a fantastic location with easy access to everything Orlando. This terrific location and arguably the best schools in Orange County, make it a great place to call home. This shows in some of the sales statistics for the area. While the Orlando real estate market is dominated by distressed properties, so far this year only 10 bank owned and 12 short sales have sold in Baldwin Park. The 22 distressed properties … (1 comments)

baldwin park orlando: Orlando April Home Sales (so far) - 05/03/10 06:35 AM
The numbers are looking pretty close to my expectations. So far there are 2,275 closed sales recorded with a median sales price of $110,000 again. Of those sales 1,014 were bank owned and 500 were short sales making up around 2/3's of the closed sales. The expriation of the tax credit I believe is responsible for pulling our inventory down a bit to 15,703 active listings. Of the active properties, 1,740 are REO's and 5,628 are short sales. Pendings also dropped a little with a lot of deals closing at the end of the month. There are still 10,960 under contract … (2 comments)

baldwin park orlando: Baldwin Park Sales - So Far So Good - 02/23/10 11:36 PM
Orlando real estate has continued to post strong sales, but prices took a big nosedive in January. The median price for most of 2009 was around $125,000, but dropped to $102,000 last month. So far this month, as I reported yesterday on my blog at www.RealEstateOptimist.com, the prices are up a little to about $107,000. We saw a very different result here in Baldwin Park. In 2009 there were 190 closed sales with a median price of $346,500 and an average of $399,395. So far in 2010 there have been 19 sales with a median sales price of $430,000 and an … (1 comments)

baldwin park orlando: Orlando Real Estate Sales December 28, 2009 - 12/28/09 07:46 AM
Well, 2009 is just about behind us and we really saw a significant transition and stabilization in our marketplace here in Orlando. Prices fell significantly through the first quarter of the year until sales picked up to a pace great enough to absorb excess inventory. At the beginning of 2009 we had about a 24 month supply of homes available for sale. As we wrap things up that number is hovering just under an 8 month supply. Two things impacted this number; the inventory dropped from 24,000 to 16,202 as of today, and the monthly sales pace rocketed from about 1,000 … (0 comments)

baldwin park orlando: What's Selling in Baldwin Park Orlando - 10/29/09 01:37 AM
In the last seven days there were 12 sales in Baldwin Park ranging in price from $431,300 to $714,900. So far this month there have been 27 contracts written on two condos, one townhome and 24 single family homes. The prices have ranged from $210,000 to $799,000 with a median list price of $449,900. Currently, there are 99 active listings in Baldwin Park and 62 pending sales with 151 closed so far this year. The median list price of the active listings is $437,500. The properties receiving contracts have a median list price of $349,500 while the closed sales have posted … (0 comments)

baldwin park orlando: Baldwin Park Orlando Real Estate Sales Numbers - 07/09/09 06:29 AM
So far in 2009, Baldwin Park is really making a turnaround. There are currently 86 active listings in the neighborhood with a median list price of $462,450. Just about three months ago there were 165 listings for sale. The number of pendings has grown to 72 with a median list price of $329,000. With just over half of the year behind us, there have been 88 closed sales in Baldwin Park with a median list price of $379,733 and a median sales price of $350,000. Of the 86 active 10 are condos and 20 are townhomes. There are 11 condos and … (0 comments)

baldwin park orlando: Baldwin Park by the Numbers - 05/08/09 11:59 PM
There were 117 sales recorded in Baldwin Park in the MLS in 2008 with a median sales price of $395,000. So far in 2009 there have been 48 closed sales with a median price of $354,950. There are 60 contracts pending, and we just dropped below 100 active listings with 99 homes for sale in the neighborhood. The average list prices from last year to this year among the sold properties dropped from $488,787 to $466,078. The pendings average list price is much lower at $387,388 reflecting the many condos and townhomes that are currently under contract. The active listings average … (0 comments)

baldwin park orlando: Baldwin Park Orlando Sales Update - 05/04/09 11:49 PM
The number of homes available for sale in Baldwin Park has been dropping in chunks of ten. Just a couple of months ago there were 145 properties for sale, but today there are only 106. I live here, so I try to keep an eye on what is going on pretty closely. It seems like every time I check though there are 10 fewer homes available and 10 more pending. The pendings have climbed to 55 with 45 closed sales year to date. Last month I was intererviewed for an article in the Orlando Sentinel about the market in Baldwin Park. … (0 comments)

baldwin park orlando: Baldwin Park Orlando - 03/04/09 01:08 AM
I was interviewed for an article in the Orlando Sentinel that came out last week. In the article, I said that Baldwin Park was not immune to the current housing situation in that prices had come down pretty significantly over the last year. After that I started looking at the inventory compared to sales, and there have been about 70 closed sales posted on the MLS in the last six months. There are 130 properties for sale, which means there is a little over 11 months supply of homes available for sale in the neighborhood. If you keep up on your real estate … (0 comments)

baldwin park orlando: Baldwin Park Orlando YouTube Videos - 12/15/08 02:15 AM
I just set up a new page on my website with videos of Baldwin Park. I have a similar page setup with YouTube videos of Gatlin Place in the Conway area. You can also go to www.DavidWelch.com and select YouTube Videos to see videos of other areas as well as homes I have for sale in and around Orlando. I started shooting these because I had buyers from out of state that were building a condo here in Baldwin Park, and I wanted to keep them up with the progress during construction.
Take a look at the new page, and let … (4 comments)

 
David Welch, Real Estate Optimist - #OrlandoRealEstate (Charles Rutenberg Realty)

David Welch

Real Estate Optimist - #OrlandoRealEstate

Orlando, FL

More about me…

Charles Rutenberg Realty

Address: 954 S. Orlando Ave., Winter Park, FL, 32789

Mobile: (407) 924-7670

Orlando Real Estate Blog, news, statistics, marketing reports, insight, opinions. Orlando real estate includes, Winter Park Windermere, Apopka, Ocoee, and Winter Garden, as well as Conway and Dr. Phillips areas of Orlando.


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