Orlando New Home Sales Booming

Posted: September, 25, 2015 | Categories: Communities | News | General Info
By Highland Homes

Orlando New Home Sales on the Rise Shenandoah II by Highland Homes

Orlando is leading the pack in home sales for the state of Florida. This highly sought-after metro area that encompasses Orange, Seminole, Lake and Osceola counties is known for its excellent job market, exciting theme parks and affordable homes, making it a top pick for home buyers.

According to a recent article in the Orlando Sentinel, there were nearly 3,000 sales of single-family homes in the month of August–a 19 percent increase from a year earlier and well above the Florida average of 9 percent. With Orlando being a desirable location for home buyers coupled with the increasing costs of renting across all areas of the state, it’s no wonder that new home sales in the area are on the rise.

While the number of Orlando home sales has risen significantly over the past year, home prices have only increased slightly–9 percent over August 2014 compared to the state increase of 11 percent, highlighting Orlando’s affordability for home buyers. The median price point for Orlando single-family homes in August was $202,000.

This news comes as no surprise to us. Earlier this year we told you about Metrostudy’s new home construction 2015 forecast which predicted Orlando would be one of the hottest housing markets in 2015. The forecast named Orlando as the No. 2 best market in Florida for home building, and No. 10 for homeownership rate gains. With mild winters, Florida sunshine, world-class golf courses and shopping, one-of-a-kind attractions and a bevy of opportunities to take a breath of fresh air and enjoy the outdoors, what’s not to love?

If Orlando sounds like the perfect location to call home, then stop by Lake Doe Reserve to discover quality and affordable Orlando new homes in a laid-back locale just 18 miles from downtown Orlando. Our brand-new and recently opened model home features the Wyatt home plan with four bedrooms, two bathrooms and 2,305 square feet of living space. Homeowners will love the flowing living areas, spacious kitchen and luxurious master suite with dual vanities, tiled shower and relaxing garden tub.

The model showcases the many quality and stylish features built into every home in the community, including ceramic floor tile, 36-inch staggered birch wood cabinets with crown moulding, tiled shower and tub surrounds, and a covered lanai for enjoying Florida’s balmy year-round weather. Plus, when you build your Orlando new home at Lake Doe Reserve, you will work with a professional decorator at our Personal Selection Studio to personalize your new home to your unique style and needs.

Homes at Lake Doe Reserve are priced from the $220’s with four stylish home plans to choose from, boasting 4 or 5 bedrooms and up to 2,787 square feet of living space.

These beautiful new homes are nestled in Apopka, an oasis surrounded by natural springs, state parks, lakes, rivers and outdoor activities. Lake Doe Reserve boasts easy access to major thoroughfares, grocery stores, shopping, dining and medical facilities–so you’re never far from anything you need. With such a laid-back setting, you’ll find it hard to believe that you’re just minutes from downtown Orlando!

In addition to Lake Doe Reserve, we also build homes in metro Orlando in St. Cloud and Lady Lake, Florida. For more information about Lake Doe Reserve or any of our beautiful Orlando communities, visit the Highland Homes website.

 


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