Nona Crest Market Analysis
Nona Crest Market Analysis
Nona Crest is located in the east Orlando real estate market across from the extravagant Lake Nona. There have been 3 single family houses sold in the month of November. They range in price from $223,000 to $415,000 with $315,333 being the average. The square footage ranges from 1,408 to 3,798 and the houses lasted an average of 121 days on the market before they closed.
There are presently 2 houses that are pending closing with asking prices of $290,000 to $410,000 with $350,000 being the average. These houses range in size from 2,478 to 2,676 square feet with the larger house having a pool. The average time on the market is currently 176 days. Remember these properties have not closed yet so the average time to close will rise.
There are a total of 9 houses on the market ranging in size from 1,408 to 3,040 square feet with asking prices ranging form $240,000 to $499,000. Of these 9 single family dwellings available, 6 have lowered their price already.
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 3 months. This is below the rest of the Orlando real estate market.
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