Bay Lake Ranch Market Update for the 1st Quarter of 2008
Bay Lake Ranch is located in eastern portion of St Cloud. There has been no single family houses sold in the 1
st quarter of 2008. There was 1 house sold for the 1
st quarter of 2008. It sold for $285,000 and it was 2,440 square feet and it had a pool. It took 25 days to sell.
There is presently 1 house that is pending closing. It is listed at $282,500 and it is 2,916 square feet. It has been on the market for 21 days.
There are a total of 28 houses on the market ranging in size from 1,200 to 6,300 square feet with asking prices ranging form $249,000 to $1,900,000. Of these 28 single family dwellings available, 19 are priced $400,000 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) would take 84 months to sell all of the inventory in Bay Lake Ranch. This is way above the average time to sell a house in the St Cloud real estate market.
If any additional information is required click on the links below at http://www.flatfeerealty.info/ or Bay Lake Ranch - Richard Carpentieri, Broker, e-PRO or call 321-766-7176.