Momentum Housing Data · Home Values · Orange County
ALBERT LEE RIDGE ADD 03 (ORLANDO, FL): 10 recorded closings in the 12 months ending 2026-08-02, a 9-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 90.9% of original asking; the median sale took 56 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $345,000 | $245 | 56 | 90.9% | 10 |
| 2025 | $370,000 | $241 | 23 | 98.6% | 13 |
| 2024 | $365,000 | $259 | 14 | 98.7% | 11 |
| 2023 | $317,525 | $257 | 13 | 100.0% | 8 |
| 2022 | $324,500 | $228 | 4 | 102.9% | 14 |
| 2018 | $225,000 | $145 | 26 | 98.3% | 7 |
| 2017 | $200,000 | $146 | 10 | 97.3% | 13 |
| 2016 | $150,000 | $108 | 26 | 94.5% | 10 |
| 2015 | $160,000 | $107 | 15 | 97.1% | 9 |
Over the recorded series, ALBERT LEE RIDGE ADD 03’s median sold price moved from $160,000 (2015) to $345,000 (12 months ending 2026-08-02) — +116% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2015 at $160,000. Against the 2025 peak of $370,000, the current median stands at -7%. Annual sales volume here has ranged from 0 to 14 closings a year (10-yr average 7.8). With roughly 7.8 closings a year, ALBERT LEE RIDGE ADD 03’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 99% single-family residence, 1% ?, with a median of 1,471 sq ft and a median price per square foot of $245 in the current window.
Of the 31 recorded ALBERT LEE RIDGE ADD 03 closings since 2024, half landed between $327,500 and $387,000 (the middle two quartiles); the lowest recorded sale was $200,000 and the highest $495,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $325,000 | 7 (23%) | |
| $325,000 – $350,000 | 5 (16%) | |
| $350,000 – $375,000 | 6 (19%) | |
| $375,000 – $400,000 | 7 (23%) | |
| None and up | 6 (19%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($286 vs $208) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,089–1,316 sq ft | $286 | $351,500 | $290,500 – $407,500 | 10 |
| Mid-size homes 1,333–1,518 sq ft | $277 | $389,500 | $200,000 – $420,000 | 10 |
| Larger homes 1,525–1,994 sq ft | $208 | $350,000 | $300,000 – $495,000 | 11 |
From the live MLS feed as of 2026-09-03: 4 active listings (plus 0 pending) asking from $289,000 to $399,900, median $369,500; 2 of 4 have been on the market over 60 days (median 63 days so far); the homes listed or recently sold were built between 1957 and 1959 (median 1957); 4 of the current listings state there is no HOA; none of the 10 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 99 ft); the features listings here most often name are Playground, Pool and Street Lights. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current ALBERT LEE RIDGE ADD 03 listings →
At ALBERT LEE RIDGE ADD 03’s $345,000 median and Orange County’s adopted 16.67 mills (FY2025-26), a home assessed at that price carries roughly $5,750 a year in property tax before exemptions, or about $5,080 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Orange County tax page.
Current asking prices run a median $327,000 against the $345,000 recorded sold median (-5%) — the gap between what sellers hope and what the record shows. The market is carrying about 9.6 months of supply at the current sales pace. Demand check: 0% of ALBERT LEE RIDGE ADD 03’s listings are under contract, against 28% for ZIP 32789 and 26% for Orange County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2004, 53 ALBERT LEE RIDGE ADD 03 listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 46% of ALBERT LEE RIDGE ADD 03 listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 20%. Momentum’s market-heat index for ALBERT LEE RIDGE ADD 03 reads 22/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 0% of recorded ALBERT LEE RIDGE ADD 03 sales in the window ending 2026-06 (0 of 10) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking prices here currently sit -5% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping ALBERT LEE RIDGE ADD 03 are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Albert Lee Ridge Add 04 Orlando | $345,000 | $245 | 56 | 10 |
| KINGSWOOD MANOR 7TH ADD | $299,500 | $268 | 106 | 8 |
| SUNSHINE GARDENS 1ST ADD | $355,000 | $280 | 22 | 10 |
| LAKE LOVELY ESTATES SUB | $229,000 | $252 | 28 | 4 |
More ALBERT LEE RIDGE ADD 03: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.