Lake Ajay Market Analysis for 2007
Lake Ajay is located off Narcoossee Rd in the St. Cloud real estate market. There have been 2 single family houses sold in 2007 with both of them having swimming pools. They ranged in size from 2,799 square feet to 4,386 square feet and they sold for $595,000 and $800,000. They lasted an average of 143 days before they were sold.
There are no houses pending closing at this point.
There are a total of 8 houses on the market ranging in size from 1,918 to 2,866 square feet with asking prices ranging form $279,900 to $650,000. There are currently 3 houses out of the 8 listed at $375,000 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 48 months to sell all of the inventory in Lake Ajay, which is way above the average in the rest of the St Cloud real estate market.
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