Wyndham Lakes Market Analysis for the 4th Quarter of 2007
Wyndham Lakes Market Analysis for the 4th Quarter of 2007
Wyndham Lakes is located in the south central sector of the Orlando real estate market. There has been 4 single family houses sold in the 4th quarter of 2007ranging in price from $250,000 to $279,900. The square footage ranges from 1,521 to 1,755 and they lasted an average of 28 days on the market.
There is presently 1 house that is pending closing with an asking price of $262,990. The house is 1,565 square feet. It has been on the market for 74 days. Remember this property has not closed yet so the time to close will rise.
There are a total of 32 houses on the market ranging in size from 1,565 to 4,840 square feet with asking prices ranging form $229,990 to $1,300,000. Of these 32 single family dwellings available, 15 are priced at $350,000 or lower.
Considering the amount of houses sold in4th 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) would be 24 months to sell all of the inventory.
If any additional information is required either log onto www.flatfeerealty.info and fill out the contact us or call 321-766-7176 and one of our Wyndham Lake experts will be happy to assist you.