Andover Lakes Market Analysis for the 4th Quarter of 2007
Andover Lakes is located off of Curry Ford Rd in the east Orlando real estate market. There has been 3 single family houses sold in the 4
th quarter of 2007. They sold for prices ranging from $214,900 to $283,000 with an average of $237,967 and ranged in size from 1,487 square feet to 1,841 square feet. They took an average of 93 days before they sold.
There are presently 0 houses that are pending closing.
There are a total of 44 houses on the market. They range in size from 1,264 square feet and 2,710 square feet with asking prices ranging from $185,000 and $345,000. Out of the 44 houses that are up for sale, 27 of them have asking prices of $250,000 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 44 months. This is higher than the rest of the Orlando real estate market.
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