Andover Cay Market Update for the 1st Quarter of 2008
Andover Cay is located off of Curry Ford Rd in the east Orlando real estate market. There has been 3 single family houses sold in the 1st quarter of 2008. They sold for prices ranging from $215,000 to $265,000 and they ranged in size from 1,640 square feet to 2,530 square feet. They took an average of 116 days before they sold.
There is presently 1 house that is pending closing. The asking price for this house is $269,777 and it is 2,417 square feet.
There are a total of 17 houses on the market. They range in size from 1,368 square feet to 2,585 square feet with asking prices ranging from $177,900 to $339,900. Out of the 17 houses that are up for sale, 13 of them have asking prices of $265,000 or lower.
Considering the amount of houses sold in the 1st quarter of 2008, 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 17 months. This is a little bit lower than the rest of the Orlando real estate market.
If any additional information is required about Andover Cay log onto Andover Cay - Richard Carpentieri, Broker, e-PRO or http://www.flatfeerealty.info/ or call 321-766-7176.