Winderlakes Market Analysis for 2007
Winderlakes is located off of Dr Phillips Blvd in the Dr Phillips section of the Orlando real estate market. There has been 2 single family houses sold in 2007. They sold for $355,000 and $400,000 and they were 2,059 square feet and 2,471 square feet with one of them having a pool. They took an average of 115 days before they sold.
There are presently 2 houses that are pending closing. The asking prices for these houses are $310,000 and $345,000 and they are 1,700 square feet and 2,188 square feet.
There are a total of 4 houses on the market. They range in size from 1,718 square feet to 3,659 square feet with asking prices ranging from $298,500 to $550,000. Out of the 4 houses that are up for sale, 3 of them are priced at $350,000 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 24 months. This is average with the rest of the Orlando real estate market.
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