Lake Nona on Track for Another Record Breaking YearTuesday, August 27th 2013
Over $100 million in sales through July
With the rise of Medical City and the boom of business growth and job creation at Lake Nona, residential sales have continued to top records through the first half of 2013, with over 320 sales and over $100 million in new home contracts through July. Over the past 12 months, nearly 500 new homes have been sold. Most active at Lake Nona has been its Laureate Park neighborhood, with over 165 new contracts already in 2013.
Through the second quarter of 2013, the market research firm RCLCO identified Lake Nona as the fastest selling community in Orlando, and the 14th fastest selling community in the United States. Another market research firm, Metrostudy, also listed Lake Nona as the most active local community with more than 400 new home starts over the past twelve months. This is double the metro area’s nearest competitor.
“At Lake Nona, we continually work to offer a wide selection of home and neighborhood choices. And I think we are bringing a variety of homes you just don’t see at other places in Orlando,” said Rob Adams, vice president of Lake Nona. “And when you place these great and diverse home options next to jobs, shopping, recreation and some of the best schools in the region, people really recognize the value and want to be a part of this community.”
Lake Nona is home to four new home neighborhoods: Laureate Park, VillageWalk, NorthLake Park and the Lake Nona Golf & Country Club. Homes range in price from just under $200,000 to multi-million dollar homes in the Country Club. There are over 20 decorated models to tour at Lake Nona, with 15 at Laureate Park.