Sorrento Hills Ph 03
Homes for Sale in Sorrento, FL

Community in Sorrento · Lake County
220 homesBuilt 2004–2007Median sale $365K
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Live Market Pulse
36/100
Market Heat
Cooler than normal
2015 → 2026 · 74 at the 2022 peak
0 is Sorrento Hills Ph 03's coldest market since 2015, 100 its hottest. Today: 36. How it's scored
Built fromLive Stellar MLS data15 years of closingsFL DOR public recordsUpdated twice daily
Live · Sorrento Hills Ph 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$365K
Median sold · 12 mo
down 28.1% vs the prior 12 months
-28.1%
1-yr price change
n = 5 and 4 sales in the two windows
$159/sf
Sold $/sqft · 12 mo
peak $186 in 2025
95.1%
Sale vs ask
Lake median: 95.7%
Tempo
91days
Median DOM · closed
9 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
74%
Owner-occupied · Sorrento Hills Ph 03
163 of 220 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Sorrento Hills Ph 03
incl. 10% trust or LLC-held · 10% out-of-state
0%
Cash buyers · Sorrento Hills Ph 03
0 of 5 sales, 12 mo ending June 2026
220
Homes in the community
220 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 2004
Community established
homes built 2004-2007, median 2006 (FL DOR 2025)
0
Failed listings · 2025
peaked at 8 in 2019
2,656sqft
Median sold home size
12-mo windows, closed sales
2.3%/yr
Turnover rate
about 5 of 220 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Sorrento Hills Ph 03 is a mid-2000s subdivision — homes built between 2004 and 2007, with a median around 2,535 square feet. At a median of $365,000, or roughly $159 per square foot, price here is driven far more by condition and updates than by location or vintage, because the housing stock is tight in age and size. Two homes down the same street can trade well apart depending on kitchens, roofs, and systems that are now approaching or past the point where replacement matters.

The current posture favors buyers. Median days on market sits at 91 — a slow, deliberate pace — and prices are down 28.1% year over year, with a heat score of 36 that confirms a cool market. Sellers should price to the current market from day one; the days of listing high and waiting are gone here. Buyers have time, leverage to negotiate, and room to make repairs a condition of the deal rather than a hope.

Sorrento Hills Ph 03 Housing Pulse · Momentum Research · as of July 13, 2026

Sorrento Hills Ph 03 right now

🔴 Off the recent peak. The trailing-12-month median ($365K) is down 28.1% from the prior 12 months ($507K). With about 4 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 13. Confidence: Low (5 and 4 sales in the two windows).

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

Updated July 13, 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

Sorrento Hills Ph 03 market snapshot (as of July 13, 2026): the median sale price is about $365K ($159 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales. The trailing-12-month median is down 28% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

Sorrento Hills Ph 03 is a community of 220 homes in Sorrento, Lake County, built between 2004 and 2007 (median 2006.0), with a median living area of about 2,535 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a homogeneous, mid-2000s community of roughly 220 homes where most owners occupy their property — the homestead share is about 74% — which tends to mean a stable, owner-held street rather than a rental-heavy one.

Best for

  • Buyers wanting 2,500-plus square feet who will budget for roof and system updates
  • Value hunters comfortable negotiating in a slow, cool market
  • Long-hold owner-occupants, not near-term flippers

Probably not for

  • Sellers who need to move quickly at a peak-era price
  • Buyers counting on short-term appreciation or a fast resale
  • Anyone wanting a turnkey home with no deferred-maintenance risk to vet

Windows contain 0 to 7 sales each (5 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.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Down 28.1% year over year.
Every sale since 2011 · price vs size
$0$200K$400K$600K2k3k4k
49 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$15020122014201620182020202220242026
Up from $76 in 2012 to a $186 peak in 2025; $159 now.
Median days on market · closed sales
05010020122014201620182020202220242026
9 days at the 2022 low; 91 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
95.1% now vs Lake 95.7%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 5 in the current window.
Sellers who gave up · failed listings per year
0258201620182020202220242025
Canceled, expired, or withdrawn. 8 quit in 2019; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
74 at the 2022 peak, 22 in the troughs, 36 now. Same score as the hero card, full history.

If we were buying in Sorrento Hills Ph 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Sorrento Hills Ph 03.

Best Buy
Buyers who want space and are willing to underwrite condition.
Biggest Risk
Prices are declining year over year, so recent comps trend down.
Sweet Spot
An updated home priced to the current market, not last year's.
Avoid If
You need a fast sale or expect quick appreciation.

A condition-driven market on a slow clock

With every home in the phase built within a four-year window and a median size north of 2,500 square feet, the variable that moves price is upkeep. Homes from this era are now at the age where roofs, HVAC, and water heaters come due, so the gap between an updated home and a deferred-maintenance one is real and shows up in the final number. Read each listing on its systems, not just its square footage.

The pace tells the rest of the story. A 91-day median means listings sit, and a 28.1% year-over-year decline means recent comps are moving down, not up. That combination rewards patient buyers and punishes optimistic sellers. If you are selling, the market will not reward you for waiting — it will penalize a stale listing. If you are buying, the clock is on your side.

The location and the amenities are priced into every listing in Sorrento Hills Ph 03. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.7C- · Buy Score
Recent Direction0.0/10
Owner Commitment7.4/10
Pricing Power6.7/10

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 3 factors (4.7). Basis: Recent Direction -28.1% year-over-year; Owner Commitment 74% owner-occupied; Pricing Power 95.1% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a cool, condition-driven market like this one, the money is made in the inspection and the pricing, not the marketing. We read these mid-2000s homes for the systems that matter, price against the honest current comps rather than last year's peak, and negotiate from the leverage the 91-day pace actually gives a buyer — or, for sellers, position a listing to move instead of sit.

Sorrento Hills Ph 03 in 15 seconds.

Best forBuyers who want space and are willing to underwrite condition.
Biggest advantageA clear buyer's market with time to negotiate.
Biggest riskPrices are declining year over year, so recent comps trend down.
Sweet spotAn updated home priced to the current market, not last year's.
Avoid ifYou need a fast sale or expect quick appreciation.

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 Sorrento Hills Ph 03 sales matched to your home.

What is your Sorrento Hills Ph 03 home worth?

Get a no-obligation home value based on real comparable sales in Sorrento Hills Ph 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.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Sorrento Hills Ph 03?
The median sale price in Sorrento Hills Ph 03 was $365K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Sorrento Hills Ph 03 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 91 days on market (5 sales, Stellar MLS).
How many homes are in Sorrento Hills Ph 03?
The Florida DOR 2025 assessment roll shows 220 homes in Sorrento Hills Ph 03 (public records).
What share of Sorrento Hills Ph 03 is owner-occupied?
74% of Sorrento Hills Ph 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Sorrento Hills Ph 03 built?
Homes in Sorrento Hills Ph 03 were built between 2004 and 2007, with a median year built of 2006.0 (FL DOR 2025 roll).
Do cash buyers compete in Sorrento Hills Ph 03?
Cash buyers took 0% of Sorrento Hills Ph 03 sales in the 12 months ending June 2026 (0 of 5 closings, Stellar MLS).
Who is the best real estate agent for Sorrento Hills Ph 03?
The best agent for Sorrento Hills Ph 03 is one who actively works Sorrento 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 Sorrento Hills Ph 03.
How do I find a top Sorrento real estate agent who knows Sorrento Hills Ph 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 Sorrento Hills Ph 03 and the wider Sorrento area.
Can Momentum Realty connect me with an agent for Sorrento Hills Ph 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Sorrento Hills Ph 03 purchase or sale - no call center and no pressure.
Buyers wanting 2,500-plus square feet who will budget for roof and system updatesExcellent fit
Value hunters comfortable negotiating in a slow, cool marketExcellent fit
Long-hold owner-occupants, not near-term flippersExcellent fit
Sellers who need to move quickly at a peak-era priceProbably not
Buyers counting on short-term appreciation or a fast resaleProbably not
Anyone wanting a turnkey home with no deferred-maintenance risk to vetProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32776))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (49 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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