ALBERT LEE RIDGE ADD 03 in ORLANDO

ALBERT LEE RIDGE ADD 03
Homes for Sale in ORLANDO, FL

Community in ORLANDO · Orange County · ZIP 32789
523 homesBuilt 1946–2023Median sale $345K
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Live Market Pulse
22/100
Market Heat
Cooler than normal
2015 → 2026 · 90 at the 2022 peak
0 is ALBERT LEE RIDGE ADD 03's coldest market since 2015, 100 its hottest. Today: 22. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · ALBERT LEE RIDGE ADD 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$345K
Median sold · 12 mo
down 6.8% vs the prior 12 months
-6.8%
1-yr price change
n = 10 and 13 sales in the two windows
$245/sf
Sold $/sqft · 12 mo
peak $259 in 2024
90.9%
Sale vs ask
Tempo
9.6mo
Supply
3 to 6 months is the balanced band
57days
Median DOM · closed
4 days at the 2022 low
0%
Under contract
Orange: 26% (2,054 of 7,927)
4 · 0
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 8 a year
Ownership and context
71%
Owner-occupied · ALBERT LEE RIDGE ADD 03
374 of 524 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · ALBERT LEE RIDGE ADD 03
incl. 8% trust or LLC-held · 100% out-of-state
0%
Cash buyers · ALBERT LEE RIDGE ADD 03
0 of 10 sales, 12 mo ending June 2026
523
Homes in the community
plus 1 vacant residential lots · 524 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1946
Community established
homes built 1946-2023, median 1959 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2006
1,472sqft
Median sold home size
12-mo windows, closed sales
1.9%/yr
Turnover rate
about 10 of 523 homes trade a year
ALBERT LEE RIDGE ADD 03 Housing Pulse · Momentum Research · as of August 2, 2026

ALBERT LEE RIDGE ADD 03 right now

🟢 Buyer-leaning market. 9.6 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (4 active and pending listings, 10 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($345K) is down 6.8% from the prior 12 months ($370K). With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (10 and 13 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

ALBERT LEE RIDGE ADD 03 market snapshot (as of August 2, 2026): the median sale price is about $345K ($245 per sq ft over the trailing 12 months of closed sales), a median 57 days on market for closed sales, and 9.6 months of supply, a buyer-leaning market. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).

ALBERT LEE RIDGE ADD 03 is a community of 523 homes in ORLANDO, Orange County, built between 1946 and 2023 (median 1959.0), with a median living area of about 1,438 square feet. 71% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 14 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K20122014201620182020202220242026
Down 6.8% year over year.
Every sale since 2004 · price vs size
$0$200K$400K1k2k2k2k
103 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $107 in 2012 to a $259 peak in 2024; $245 now.
Median days on market · closed sales
020406020122014201620182020202220242026
4 days at the 2022 low; 57 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.9% now.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 14 a year; 10 in the current window.
Sellers who gave up · failed listings per year
024200420082016202020242026
Canceled, expired, or withdrawn. 5 quit in 2006; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20162018202220242026
90 at the 2022 peak, 22 in the troughs, 22 now. Same score as the hero card, full history.

ALBERT LEE RIDGE ADD 03 Market Scorecard

Buyer's market

ALBERT LEE RIDGE ADD 03 is currently a buyer's market. About 7.2 months of supply, a median asking price of $289,000, and homes go under contract in about 42 days.

7.2
Months supply
$289,000
Median list
$330,000
Median sold
$220
Per sqft
42
Days on mkt
3/0/5
Active/Pend/Sold

Go deeper: county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in ALBERT LEE RIDGE ADD 03, ORLANDO

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 16 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in ALBERT LEE RIDGE ADD 03

Live MLS inventory for ALBERT LEE RIDGE ADD 03. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending ALBERT LEE RIDGE ADD 03 listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Orange County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Lake Weston Elem · Elementary
  • Lockhart Middle · Middle
  • Edgewater High · High

Zoned schools reflect the assignments reported on recent ALBERT LEE RIDGE ADD 03 listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any ALBERT LEE RIDGE ADD 03 address.

If we were buying in ALBERT LEE RIDGE ADD 03 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in ALBERT LEE RIDGE ADD 03.

A closer look at the ALBERT LEE RIDGE ADD 03 market

At a median of $245 per square foot, ALBERT LEE RIDGE ADD 03 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 9.6 months of supply, a buyer-leaning market and the trailing-12-month median down 7% year over year. Homes that do trade take a median 57 days on market, useful leverage on any listing that has lingered.

The housing stock is 523 homes built between 1946 and 2023, and 71% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in ALBERT LEE RIDGE ADD 03. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
3.9D · Buy Score
Recent Direction4.3/10
Liquidity & Demand0.4/10
Owner Commitment7.1/10
Pricing Power3.9/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (3.9). Basis: Recent Direction -6.8% year-over-year; Liquidity & Demand 9.6 months of supply; Owner Commitment 71% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed ALBERT LEE RIDGE ADD 03 sales matched to your home.

What is your ALBERT LEE RIDGE ADD 03 home worth?

Get a no-obligation home value based on real comparable sales in ALBERT LEE RIDGE ADD 03, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in ALBERT LEE RIDGE ADD 03 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in ALBERT LEE RIDGE ADD 03?
The median sale price in ALBERT LEE RIDGE ADD 03 was $345K over the 12 months ending August 2, 2026 (10 closed sales, Stellar MLS).
How long do homes in ALBERT LEE RIDGE ADD 03 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 57 days on market (10 sales, Stellar MLS).
Is ALBERT LEE RIDGE ADD 03 a buyer's or seller's market right now?
As of August 2, 2026, ALBERT LEE RIDGE ADD 03 leans toward buyers: 9.6 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in ALBERT LEE RIDGE ADD 03?
The Florida DOR 2025 assessment roll shows 523 homes plus 1 vacant residential lots in ALBERT LEE RIDGE ADD 03 (public records).
What share of ALBERT LEE RIDGE ADD 03 is owner-occupied?
71% of ALBERT LEE RIDGE ADD 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in ALBERT LEE RIDGE ADD 03 built?
Homes in ALBERT LEE RIDGE ADD 03 were built between 1946 and 2023, with a median year built of 1959.0 (FL DOR 2025 roll).
Do cash buyers compete in ALBERT LEE RIDGE ADD 03?
Cash buyers took 0% of ALBERT LEE RIDGE ADD 03 sales in the 12 months ending June 2026 (0 of 10 closings, Stellar MLS).
Who is the best real estate agent for ALBERT LEE RIDGE ADD 03?
The best agent for ALBERT LEE RIDGE ADD 03 is one who actively works ORLANDO and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for ALBERT LEE RIDGE ADD 03.
How do I find a top ORLANDO real estate agent who knows ALBERT LEE RIDGE ADD 03?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows ALBERT LEE RIDGE ADD 03 and the wider ORLANDO area.
Can Momentum Realty connect me with an agent for ALBERT LEE RIDGE ADD 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your ALBERT LEE RIDGE ADD 03 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near ALBERT LEE RIDGE ADD 03 with Momentum Realty’s local guides.

Albert Lee Ridge Add 04 Orlando0.4 mi awayAlbert Lee Ridge 1St Add Winter Park0.5 mi awayRobinson Samuels Add Orlando0.5 mi awayKingswood Manor 7Th Add Orlando0.6 mi awayKillarney Circle Winter Park0.6 mi awayAlbert Lee Ridge Add 02 Winter Park0.7 mi awaySunshine Gardens 1St Add Orlando0.7 mi awayFairbanks Shores 5Th Add Winter Park0.7 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (14 streets, ZIP 32789/32810))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (103 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in ALBERT LEE RIDGE ADD 03? 10 recorded closings; median 56 days on market (window ending 2026-08-02). See the Orange County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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