Cypress Springs Home Sales for the 1st Quarter of 2008
Cypress Springs is located off of Curry Ford Rd in the east Orlando section of the Orlando real estate market. There has been 7 single family houses sold in the 1st quarter of 2008. They sold for prices ranging from $146,500 to $385,000 with an average price of $300,500 and ranged in size from 1,450 square feet to 2,857 square feet with 4 of them having pools. The average time they took to sell was 165 days.
There are presently 10 houses that are pending closing. They range in size from 1,324 square feet to 2,940 square feet and have asking prices from $168,000 to $419,000. They have been on the market for an average of 145 days.
There are a total of 59 houses on the market. They range in size from 1,324 square feet to 5,367 square feet with asking prices ranging from $214,777 to $1,400,000. Of these 59 houses 35 of them are priced at $350,000 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 25 months. This is average with the rest of the Orlando real estate market.
If any additional information is required click onto either of the following links at Cypress Springs - Richard Carpentieri, Broker, e-PRO, http://www.flatfeerealty.info/ or call 321-766-7176.