Bay Hill Village Market Analysis for 2007
Bay Hill Village is located in the Dr Phillips section of the Orlando real estate market. There have been 5 single family houses sold in 2007. They sold for prices ranging from $427,000 to $590,000 with and average of $512,400 and they ranged in size from 2,332 square feet to 2,720 square. They took an average of 74 days before they sold.
There is presently 1 house that is pending closing. It is 2,551 square feet and the asking price is $489,500.
There are 3 houses on the market. They range in size from 2,238 square feet to 2,462 square feet with asking prices of $489,500 to $849,900.
Considering the amount of houses sold in 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 7 months. This is much lower than the average with the rest of the Orlando real estate market.
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