Avalon Park Market Analysis for the 4th Quarter of 2007
Avalon Park 4th Quarter Market Analysis For 2007
Avalon Park is located in east Orlando. There have been 29 single family houses sold in the 4th quarter of 2007. They range in price from $220,000 to $585,000 with $327,172 being the average and 4 of them having swimming pools. The square footage ranges from 1,709 to 4,000 and the houses lasted an average of 91 days on the market before they sold.
There are presently 14 houses that are pending closing with an asking price range from $209,900 to $585,000 with $326,414 being the average. These houses range in size from 1,579 to 3,587 square feet with 2 of them having swimming pools. The average time on the market is currently 115 days. Remember these properties have not closed yet so the average time to close will rise.
There are a total of 129 houses on the market ranging in size from 1,544 to 4,297 square feet with asking prices ranging form $221,500 to $698,750. Of these 129 single family dwellings available, 60 are priced at $350,000 or lower.
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 13 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.