Real Estate Sales in Heathrow, Florida showed a slight increase from 74 sales in 2016 to 76 sales for the first 6 months of 2017. Some of the 2016 sales reflected new homes sales in the recently developed Turnberry subdivision within Heathrow. The median sale price of homes in 2016 in the Heathrow area was $421,650 at a square foot price of $162.00. The low sales price was $225,000 or $99.28 per square foot, and the high price was $925,000 or $210.93 per square foot. The high price sale in Heathrow was in the Heathrow / Preserve area which is considered an upscale area with higher priced homes. In 2017, the home sales in Heathrow increased by 2 homes which is incredibly small considering a 10% increase in home sales in Lake Mary during that same period.
The low sales price in Heathrow was $225,000 or $107.27 per square foot, and the high price was $1,095,000 or $214.52 per square foot. The median Heathrow home price was $427,000 or $166.00 per square foot. Most of the homes in Heathrow are single-family homes, but there are also patio homes, town homes and zero lot line homes for sale. There are a total of 64 homes currently on the market – 47 active and 17 pending. Over the past 6 months, an average of 12 homes sold which equates to an absorption rate of 5.3 per month. This rate is considered a borderline sellers’ market.
Heathrow, Florida is an unincorporated adjacent to Lake Mary, with both Lake Mary and Heathrow having the same 32746 zip code. This can be confusing as some Heathrow residents use “Lake Mary” as part of their address. The following 30 subdivisions are located within Heathrow: Brampton Cove, Breckenridge Heights, Bristol Park, Brookhaven Manor & Ridge, Burlington Oaks, Carrington Park, Cherry Ridge, Chestnut Hill, Clubside, Coventry, Devon Green, East Camden, Heron Ridge, The Hamptons, Keenwicke, Kentford Gardens, Lakeside, Lexington Green, Muirfield Village, Racquet Club Villas, Regency Green, Reserve At Heathrow, Stonebridge, Stratford Gardens, Turnberry, Waters Edge, Wembley Park,Westover (Bridgewater Club), Willowbrook, Wyntree.
Heathrow is a main-gated development with about 2,500 homes, condos, patio homes and town homes. Heathrow offers such luxury amenities as golf, tennis, swimming, soccer, park and a beautiful club house. The use of the golf, tennis and swimming areas require an additional fee to be paid. The Heathrow golf course was designed by legendary architect, Ron Garl. The challenging 18-hole course has tempted an impressive collection of PGA Tour players including Chris DiMarco, Cliff Kresge, Danny Ellis, Jim Thorpe, Donnie Hammond, Lion Kim and Fulton Allem – all whom are proud to call Heathrow “home”. Host of nine US Open Qualifiers, this Par 71 has been offering a spirited challenge to golfers of all skill levels for more than two decades. Golf facilities include complete clubhouse services, a pro-shop, a driving area and a chipping green. A professional instructional staff offers tailored individual and group instruction along with a variety of clinics.
The Heathrow/Lake Mary area has much to offer to people from all walks of life. The area appeals to both young and old due to the family-friendly atmosphere, treasure trove of shopping venues and easy access to both local and area attractions. Adventure seeking families are a mere drive away from Universal Studios, Disney attractions, Cirque du Soleil along with many other fine attractions. Heathrow/Lake Mary residents may also appreciate the ease of long-distance travel from modes such as the Orlando International Airport, the Sanford International Airport and the Auto Train which is conveniently located in neighboring Sanford.
Home buyers and sellers have much to consider when making real estate transactions, and the Lake Mary/Heathrow, Florida is worthy of careful consideration. When taking into account – location, business opportunities, amenities, access to transportation, health care facilities, excellent area schools, social lifestyle along with countless other considerations the Heathrow/Lake Mary is the premiere location.