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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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Nona Crest Market Analysis for the 4th Quarter of 2007

 

Nona Crest is located in the east Orlando real estate market across from the extravagant Lake Nona.  There have been 6 single family houses sold in the 4th quarter of 2007.  They range in price from $223,000 to $438,900 with $335,833 being the average.  The square footage ranges from 1,408 to 3,798 and the houses lasted an average of 130 days on the market before they closed.

 

There are presently 0 houses that are pending closing

 

There are a total of 6 houses on the market ranging in size from 1,700 to 3,040 square feet with asking prices ranging form $287,000 to $499,000.  Of these 6 single family dwellings available, 4 have lowered their price already.

 

Considering the amount of houses sold in the 4th quarter of 2007, 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 way below 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 31, 2007 11:33 AM by Richard & Deborah Carpentieri

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