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Our intent is to supply relevant information to the people of the Orlando real estate market and its neighbors.

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Deerfield Market Analysis

Deerfield Market Analysis

 

Deerfield is located in the south central side of the Orlando real estate market.  There have been 2 single family houses sold in the month of November.  The selling prices were $133,000 and $220,000.  The square footage of the 2 sales was 1,396 and 2,329 and the houses lasted an average of 57 days on the market before they closed.

 

There are presently 3 houses that are pending closing with an asking price range from $249,900 to $265,000 with $255,000 being the average.  These houses range in size from 1,539 to 2398 square feet with 2 of them having in ground pools.  The average time on the market is currently 188 days.  Remember these properties have not closed yet so the average time to close will rise.

 

There are a total of 29 houses on the market ranging in size from 1,785 to 2,948 square feet with asking prices ranging form $209,000 to $374,900.  Of these 29 single family dwellings available, 12 are priced under $275,000.

 

Considering the amount of houses sold in November, the saturation rate, (the amount of time it will take to sell all of the houses in a specific area assuming that no other houses are listed in that area) will be 15 months.  This is considerably lower than the rest of the Orlando real estate market.

 

If any additional information is required either log onto www.flatfeerealty.info and fill out the contact us or call 321-766-7176.

 

Posted: Monday, December 03, 2007 3:38 PM by Richard & Deborah Carpentieri

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