News Summary
Orlando has seen a notable increase in real estate transactions, with several properties sold at impressive prices. The $1 million luxury home on Lost Cove Drive topped the list, while a mix of condos and family homes also changed hands quickly. The market’s diversity caters to a broad range of buyers, from luxury seekers to those looking for affordable options.
Orlando is witnessing a significant uptick in real estate sales, with the week spanning from July 28 to August 3 marking the highest number of property transactions in recent time. Notable sales during this period showcase a range of homes, from luxury estates to cozy condos, indicating a robust demand for residential properties in the area.
The standout sale was a luxurious home located at 8550 Lost Cove Drive, which sold for $1,000,000 on July 30. Built in 1994, this residence features 4 bedrooms and 3 baths with a spacious living area of 2,770 square feet. It spent only 21 days on the market before being snapped up, reflecting the keen interest from buyers. The sellers were represented by Chase Parker of EXP Realty.
Another remarkable transaction occurred at 8044 Rural Retreat Court. This property also features 4 bedrooms and 3 baths and sold for $669,000 on August 1. Built in 1989, the home provides a generous 2,551 square feet living area and found a buyer in just 12 days.
Also capturing attention was the sale of the property at 8162 Via Bella Notte, which sold for $656,000 on July 30. Built in 2003, this home includes 4 bedrooms and 3.5 baths, with an expansive 3,052 square feet living area. However, it did take longer to sell, remaining on the market for 203 days.
Additionally, a property at 9491 Wickham Way sold for $810,000 on August 1. Built in 1993, it also features 4 bedrooms and 3 baths and offers 2,406 square feet of living space, with a fast selling time of just 12 days.
The week also saw a sale of a condo at 7021 Della Drive, No. 52, sold on July 31 for $370,000. This 3-bedroom and 2-bath unit, which was built in 1990, has a living area of 1,486 square feet and remained on the market for 77 days.
Another sale was recorded at 10215 Park Estates Ave., which fetched $744,000 on July 28. This newly built home, which was established in 2024, has 3 bedrooms and 2.5 baths alongside a living area of 2,014 square feet. It took 73 days to find a buyer.
There was also the sale at 10337 Pointview Court, sold for $650,000 on July 31. Constructed in 1996, this residence has 3 bedrooms and 2 baths, with a living area of 1,986 square feet and a market duration of 72 days.
A more affordable unit sold was at 10330 Turkey Lake Road, No. A-4 AK/A 107, with a price tag of $190,000 on July 29. This 1-bedroom and 2-bath condo was built in 1984 and has a compact space of 745 square feet; it was on the market for 55 days.
The townhouse at 7269 Dr. Phillips Blvd. also found a new owner, selling for $460,000 on July 31. Built in 1985, this home has 3 bedrooms and 2.5 baths, offering 1,802 square feet of living space, with an extended time on the market of 99 days.
A more modest sale was recorded at 7725 Udine Ave., which sold for $205,000 on July 31. This older home, built in 1958, has 2 bedrooms and 1 bath with a small living space of 778 square feet, finding a buyer quickly within 10 days.
Finally, a luxurious property at 10433 Trout Road reached the market at $2,000,000 on July 30. This expansive piece of real estate, constructed in 1966, features only 1 bedroom and 1 bath but is set on 3.32 acres and has an overall living area of 1,124 square feet, having remained on the market for 137 days.
With these sales, it is evident that the Orlando real estate market is bustling, drawn by diverse offerings catering to a wide range of buyers, from families seeking spacious homes to individuals looking for smaller, more affordable options.
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Additional Resources
- Orange Observer: South Bay Home Tops Dr. Phillips Sales
- Wikipedia: Real Estate in Orlando
- Orange Observer: Point Tibet Estate Tops Dr. Phillips Sales
- Google Search: Orlando real estate market
- Growth Spotter: Dr. Phillips Charities Breaks Ground
- Google Scholar: Orlando real estate trends
- Orange Observer: Parkside Home Tops Dr. Phillips Sales
- Encyclopedia Britannica: Real Estate
- Bungalower: Dr. P. Phillips Charities Launches Mini Doc
- Google News: Dr. Phillips real estate
Author: STAFF HERE ORLANDO WRITER
ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
