Phillips Bay
Condos for Sale in Orlando, FL

Phillips Bay Condo market snapshot (as of September 20, 2026): the median sale price is about $350K ($209 per sq ft over the trailing 12 months of closed sales), a median 21 days on market for closed sales, and 1.5 months of supply, a balanced market. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

In ZIP 32819 (Orlando), 607 homes closed in the last 12 months at a median of $543K ($288/sq ft), up 1.3% year over year, with a median 48 days on market. Right now 143 active and 27 pending listings put supply at about 4.7 months — a balanced market. See the live ZIP 32819 housing market and the Orange County market.

Stellar MLS sales records identify 105 homes in Phillips Bay Condo that have changed hands since 2004, built between 1999 and 2001 (median 2000), with a median living area of about 1,985 sq ft and a typical 3-bedroom, 2.5-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

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.

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.

Listings in this community report association dues of about $473 per month ($5,676 a year) — the median AssociationFee across 171 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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