Green Briar Market Analysis for the 4th Quarter of 2007
Green Briar is located in the Williamsburg section of the Orlando real estate market. There has been 2 single family houses sold in the 4th quarter of 2007. They sold for $210,000 and $224,000 and were 1,873 square feet and 2,293 square feet. They took an average of 232 days before they sold.
There are presently 2 houses that are pending closing. They are 1,268 square feet and 2,016 square feet with asking prices of $174,900 and $215,000. They have been on the market for an average of 144 days.
There are a total of 17 houses on the market. They range in size from 969 square feet to 2,646 square feet with asking prices ranging from $155,000 to $289,500. Of these 17 houses 15 of them are priced at $225,000 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 26 months. This is average with the rest of the Orlando real estate market.
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