Avalon Park Market Update for the 1st Quarter of 2008
Avalon Park is located in east Orlando. There have been 26 single family houses sold in the 1st quarter of 2008. They range in price from $216,496 to $550,000 with $275,042 being the average and 3 of them having swimming pools. The square footage ranges from 1,544 to 4,000 and the houses lasted an average of 125 days on the market before they sold.
There are presently 20 houses that are pending closing with an asking price range from $199,900 to $499,900. These houses range in size from 1,499 to 3,587 square feet. The average time on the market is currently 116 days. Remember these properties have not closed yet so the average time to close will rise.
There are a total of 182 houses on the market ranging in size from 1,544 to 4,297 square feet with asking prices ranging form $201,900 to $975,000. Of these 182 single family dwellings available, 59 are priced at $300,000 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 21 months. This is slightly lower than the rest of the Orlando real estate market.
If any additional information is required about Avalon Park click on the link below at Avalon Park - Richard Carpentieri, Broker, e-PRO or http://www.flatfeerealty.info/ or call 321-766-7176.