Phillips Bay Condo Ph 02 Or 5723/2465
Homes for Sale in Orlando, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
This is a condo market, so price here is driven less by lot or square footage and more by unit condition, interior updates, and floor placement. The median sits at $349,950, or about $209 per square foot, and the spread around that median tends to widen with how much work a unit needs. Expect the cleanest, updated units to command a premium and the dated ones to sit until they reprice.
The posture right now is soft. Prices are down 16.7% year over year, and the market heat score of 31 points to a buyer-leaning setup. Homes are moving in a median of roughly 20 days, so well-priced, move-in-ready units still clear; sellers holding out for last year's numbers should not expect the market to meet them. Buyers have room to negotiate, particularly on units that need updating.
Phillips Bay Condo Ph 02 Or 5723/2465 right now
🔴 Off the recent peak. The trailing-12-month median ($350K) is down 16.7% from the prior 12 months ($420K). With about 5 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 July 15. Confidence: Low (4 and 6 sales in the two windows).
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Updated July 15, 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
Phillips Bay Condo Ph 02 Or 5723/2465 market snapshot (as of July 15, 2026): the median sale price is about $350K ($209 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales. The trailing-12-month median is down 17% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).
Phillips Bay is a condominium community in southwest Orlando, and its numbers read as a value-oriented, correction-phase market where a well-priced unit still moves quickly while overpriced ones stall.
Who Phillips Bay Condo Ph 02 Or 5723/2465 is best for.
Best for
- Value-focused buyers comfortable negotiating in a market that currently favors them
- Buyers wanting a lower-maintenance condo near southwest Orlando amenities and roadways
- Investors who will underwrite HOA reserves and condition carefully before bidding
Probably not for
- Buyers who need a short, certain resale timeline
- Anyone counting on near-term price appreciation to build equity
- Buyers who want a detached, low-HOA property rather than a condominium
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($350K) IS the median in the snapshot above, and the move from 2025 ($420K) IS the -16.7% one-year change.
Windows contain 0 to 13 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.
The Phillips Bay Condo Ph 02 Or 5723/2465 buying strategy.
If we were buying in Phillips Bay Condo Ph 02 Or 5723/2465 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Phillips Bay Condo Ph 02 Or 5723/2465.
A condo market in a repricing year
The 16.7% year-over-year decline is the headline, and it deserves context. This snapshot rests on a thin window of four closings, so a single sale can swing the median. Treat the direction as real and the precise magnitude as noisy. What is consistent with the heat score of 31 is a market that has cooled and now favors the side writing the check.
Against that soft pricing, the median days on market of about 20 is the tell that matters. That is not a stagnant market; it is a discerning one. Correctly priced, updated units transact; anything priced to yesterday's comps or carrying deferred maintenance is where the days pile up. For a buyer, that means condition due diligence and HOA/reserve review are where the real work is.
The location and the amenities are priced into every listing in Phillips Bay Condo Ph 02 Or 5723/2465. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin-volume, repricing condo market, the median tells you less than the individual comp set, so pricing and negotiation come down to reading unit-by-unit condition and HOA financials correctly. We work the actual comps, pressure-test asking prices against what has truly closed, and steer buyers toward the documents — reserves, assessments, association health — that decide whether a low price is a value or a warning.
Phillips Bay Condo Ph 02 Or 5723/2465 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Phillips Bay Condo Ph 02 Or 5723/2465 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Phillips Bay Condo Ph 02 Or 5723/2465 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Phillips Bay Condo Ph 02 Or 5723/2465, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Phillips Bay Condo Ph 02 Or 5723/2465 home worth?
Get a no-obligation home value based on real comparable sales in Phillips Bay Condo Ph 02 Or 5723/2465, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Phillips Bay Condo Ph 02 Or 5723/2465?
How long do homes in Phillips Bay Condo Ph 02 Or 5723/2465 take to sell?
Do cash buyers compete in Phillips Bay Condo Ph 02 Or 5723/2465?
Who is the best real estate agent for Phillips Bay Condo Ph 02 Or 5723/2465?
How do I find a top Orlando real estate agent who knows Phillips Bay Condo Ph 02 Or 5723/2465?
Can Momentum Realty connect me with an agent for Phillips Bay Condo Ph 02 Or 5723/2465?
Should you buy in Phillips Bay Condo Ph 02 Or 5723/2465?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (59 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.
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