East Lake Reserve Market Analysis
East Lake Reserve is located off Narcoossee Rd in the St. Cloud real estate market. There have been 5 single family houses sold in 2007 with 3 of them having swimming pools. They ranged in size from 1,750 square feet to 5,077 square feet and they sold for prices ranging from $313,000 to $990,000 with an average of $384,666. They lasted an average of 112 days before they were sold.
There are no houses pending closing at this time.
There are a total of 12 houses on the market ranging in size from 1,750 to 2,834 square feet with asking prices ranging form $239,000 to $329,000. There are currently 4 houses out of the 12 listed at $300,000 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 29 months to sell all of the inventory in East Lake Reserve, which is average compared to the rest of the St Cloud real estate market.
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