Bay Lake Ranch Market Analysis for the 4th Quarter of 2007
Bay Lake Ranch Market Analysis for the 4th Quarter of 2007
Bay Lake Ranch is located in eastern portion of St Cloud. There has been no single family houses sold in the 4th quarter of 2007. There were 9 houses sold for the entire year of 2007 with the last one closing on 8/29/07.
There are presently no houses that are pending closing.
There are a total of 24 houses on the market ranging in size from 1,386 to 6,300 square feet with asking prices ranging form $245,000 to $999,970. Of these 24 single family dwellings available, 14 are priced $400,000 or lower.
Considering the amount of houses sold in the 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 take 32 months to sell all of the inventory in Bay Lake Ranch.
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